DBS Business for business in Australia: Not available
- Key eligibility
- A company registered in Singapore. The DBS Business Multi currency Account is a Singapore small business product, not a Australia account.
- Non resident position
- Not served as a local account in Australia. DBS is present only through an institutional banking branch in Sydney.
- Local currency support
- No Australian dollar business account or local Australia account details under the DBS Business product.
- Headline monthly fee
- Not applicable in Australia. The Singapore account lists a monthly service charge that can be waived on balance, but it is not offered in Australia.
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does DBS Business serve business customers in Australia?
No. DBS Business is the small business banking arm of DBS, a Singapore headquartered bank, and its main small business product is the DBS Business Multi currency Account for companies registered in Singapore. That product is not offered to companies registered in Australia. DBS does have a presence in Australia: it runs a branch in Sydney that was approved for institutional banking, helping Asian and international companies that expand into Australia with corporate finance, trade finance, cash management, and treasury solutions, and it targets larger institutional borrowers. That wholesale business is a separate service from a small business deposit account, so a typical company in Australia falls outside it. As of 26 February 2026.
Eligibility for businesses in Australia
Because the DBS Business Multi currency Account onboards companies registered in Singapore, a company registered in Australia does not qualify for the small business product. A larger corporate or institutional client may build a relationship with the DBS branch in Sydney, but that is arranged directly through its institutional banking team and is not the same as opening a small business account. Verify with the provider
What it costs locally
There is no local Australia pricing for DBS Business, because the small business product is not offered there. In Singapore the DBS Business Multi currency Account lists a monthly service charge that can be waived at a qualifying balance, and a lower cost bundle is available for newer companies. The Australian dollar business account and local Australia account details are not supported under this product. As of 26 February 2026
What local users report
There is no base of Australia small business users for DBS Business, since the product is not available in the market. Companies in Australia that want business banking generally use local banks and digital providers that operate in the market, while DBS in Australia works with corporate and institutional clients rather than small businesses. As of 26 February 2026, confirm the current position with each provider before relying on it.
Questions about DBS Business in Australia
Is DBS Business available for business in Australia?
Can a business in Australia open a DBS Business account?
Does DBS have a presence in Australia?
What can a business in Australia use instead?
Availability, fees, and eligibility change. This page was last reviewed on 26 February 2026. Confirm the current position with DBS Business before applying.