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Get a personal deposit account instantly
At a Glance

Open a personal deposit account anytime, anywhere with DBS. Get it done instantly on the go on via our digibank app!
Apply now on digibank app
For Singaporeans/PRs
Step 1
Download POSB digibank mobile app.
Step 2
Apply for an account instantly via Singpass/MyInfo – no paperwork and document upload required. Easy peasy, lemon squeezy!
Do not have Singpass?
Register online here.
Pro tip: Select Face Verification for instant registration.
Important: Your Singpass/MyInfo profile should be up and ready to use the next day for new account application on your digibank app.
For Foreigners (EP, SP, DP, Long Term Visit Pass, Student Pass)
Step 1
Register for Singpass here, if you have not done so.
Pro tip: Have your FIN number and Singapore (+65) mobile number ready. And select Face Verification for instant registration.
Important: Your Singpass/MyInfo profile should be up and ready to use the next day for new account application on your digibank app.
Step 2
Download POSB digibank mobile app.
Step 3
Apply for an account via Singpass/MyInfo. Upload a photo of your passport and the documents required, and voila! Your account will be opened instantly.
For Malaysians, upload the front and back of your Malaysian IC.
Accounts you can apply for
![]() | My Account The first account you can customise to the way you live. |
![]() | Multiplier Account Every relationship should be this rewarding. Enjoy higher interest of up to 3.5% p.a. with us. |
![]() | eMySavings Account An automatic monthly Savings Account with special interest rates – giving you flexibility and control. |
![]() | POSB SAYE Account Enjoy higher interest when you credit your salary, and enjoy successful monthly savings with us. |
Need Help?
- Unable to apply for Singpass? Select continue without Singpass and upload the supporting documents.
- Documents Required for Account Opening
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.
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