Snapshot
Aspire and DBS Business compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
Aspire figures as of 3 June 2026DBS Business figures as of 8 June 2026Last reviewed 25 June 2026
General information, not financial, legal, or tax advice. There is no single best account. The right fit depends on your business. Verify current terms and eligibility with each provider before applying.
Aspire and DBS Business suit different businesses. Use the comparison below to weigh account type, fees, currency support and eligibility against how your company operates, then confirm the latest terms with each provider. Figures are shown as of 3 June 2026 for Aspire and 8 June 2026 for DBS Business.
Aspire vs DBS Business at a glance
| Feature | Aspire | DBS Business |
|---|---|---|
| Account type | Multi currency business account provided as a fintech through licensed partners. Aspire is not a bank. | Business deposit account from a licensed bank. |
| Who it suits | Incorporated businesses in supported Asian markets that want a digital multi currency account, cards, and low cost international payments without a traditional bank relationship. | Singapore registered small and medium enterprises that want a bank account with multi currency support from an established regional bank. |
| Monthly fee | Basic plan with no monthly fee and no minimum balance. A paid plan, recently around 15 Singapore dollars a month, adds free international transfers and better foreign exchange. As of 3 June 2026. | Starter Bundle: 10 Singapore dollars a month for businesses under three years old. Standard Business Multi currency Account: a 40 Singapore dollar monthly service charge, waived when the average daily balance is at least 10,000 Singapore dollars, plus a 50 Singapore dollar annual account fee. As of 8 June 2026. |
| Transaction fees | Local transfers are typically free, while international transfers carry a sending fee that varies by plan and currency, and some receiving fees apply. As of 3 June 2026. Verify the current rate card with Aspire. | Transaction, transfer, and telegraphic transfer fees apply per the DBS pricing guide. Verify current charges with DBS. As of 8 June 2026. |
| FX fees | A foreign exchange margin applies on conversion, which has started from a low percentage for instant conversion and varies by plan and currency pair. As of 3 June 2026. Verify with Aspire. | Foreign exchange is applied at DBS rates with a spread that varies by currency and channel. Verify current foreign exchange pricing with DBS. As of 8 June 2026. |
| Minimum deposit | No minimum balance on the Basic plan and no account opening fee. As of 3 June 2026. Verify with Aspire. | An initial deposit may be required to activate the account. The exact amount is unclear, verify with DBS. |
| Multi currency | Multi currency wallets and cards with conversion between supported currencies. As of 3 June 2026. Verify supported currencies with Aspire. | Yes. The account holds Singapore dollars and multiple foreign currencies. As of 8 June 2026. |
| Integrations | Accounting integrations, expense management, bill pay, and cards in one platform. Verify current integrations with Aspire. | DBS IDEAL digital banking, with connectivity to accounting and payment tools. Verify current integrations with DBS. |
| Eligibility | Incorporated businesses such as private limited companies in supported markets, subject to identity and company checks. Supported markets and entity types vary. As of 3 June 2026. Verify eligibility with Aspire. | Singapore registered businesses. Documentation and director or shareholder verification apply, and requirements are stricter for non resident owned entities. Verify eligibility with DBS. |
| Broadly available in | A set of markets centred on Asia, including Singapore and Hong Kong, plus others and the United States. The list changes. As of 3 June 2026. | Singapore for the business account covered here. DBS also operates in markets such as Hong Kong, India, Indonesia, Taiwan, and mainland China through local entities. Verify availability for your market with DBS. As of 8 June 2026. |
Use the table to weigh the differences. Aspire and DBS Business tend to differ most on account type and currency support, so match those to how your business moves money, then confirm the latest fees and eligibility with each provider.
Open a business account
Both providers accept business customers in their supported markets. Fees and eligibility shown as of 3 June 2026 for Aspire and 8 June 2026 for DBS Business. Confirm current terms with the provider before applying.
Visit Aspire → Visit DBS Business →Questions about Aspire and DBS Business
Which is better for my business, Aspire or DBS Business?
It depends on your needs. The table on this page compares Aspire and DBS Business on account type, fees, currency support, eligibility and availability using each provider's published terms. Weigh those against how your business operates, then confirm current terms with each provider. This is information, not advice.
Can I open both Aspire and DBS Business?
Often yes, subject to each provider's eligibility rules. Some businesses keep more than one account, for example one for everyday banking and another for currency conversion. Check eligibility with each provider before applying.
Are the fees on this page current?
Each figure is shown with the date it was recorded. Aspire figures are shown as of 3 June 2026 and DBS Business figures as of 8 June 2026. Fees and eligibility change, so confirm current terms with each provider before you apply.
Fees, features, and eligibility change and vary by region. This page was last reviewed on 25 June 2026. Confirm current terms with each provider before applying.