Close a DBS/POSB Deposit Account
Close your DBS/POSB Deposit Account via digibank Online.
Part of: Guides > Your Guide to digibank Online
Important information
- Account Closure is permanent, and cannot be reinstated.
- Account Closure will only happen if account's available balance is zero.
- Please close your DBS PayLah! wallet before closure of your linked deposit account.
- Any transactions that may not have been posted to your account upon closure will not be retrievable or provided via statements.
Close a Personal or Joint Alternate Account Using digibank Online
Close Joint All Account
For closure of Joint-All accounts, both account holders are required to be present at a DBS/POSB branch.
Frequently Asked Questions
Why is my account unavailable for account closure using digibank Online?
These are the accounts that are not eligible for account closure
- Joint-All Account
- CDA / Trust / Estate Account
- Last Account with the bank
- Account with negative balance
- Account with holding balance
- Loan Servicing Account
How do I close an account for a deceased person?
You may refer to this page for more information.
How to I transfer my remaining balance out before closing my account?
Accounts with holding balance are not eligible for account closure.
We recommend that you transfer your remaining balance via DBS Remit / Overseas Transfer / Local Funds Transfer before you close your account.
We recommend that you transfer your remaining balance via DBS Remit / Overseas Transfer / Local Funds Transfer before you close your account.
What happens to the payment facilities linked to my closed account?
All your ATM/Debit Cards and GIRO facilities linked to the closed account will be terminated upon account closure
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