Snapshot
DBS Business and Maybank Business compared on the points that usually decide a business account: account type, monthly fee, currency support, eligibility and where each one is available.
DBS Business figures as of 8 June 2026Maybank Business figures as of 5 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.
DBS Business and Maybank 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 8 June 2026 for DBS Business and 5 June 2026 for Maybank Business.
DBS Business vs Maybank Business at a glance
| Feature | DBS Business | Maybank Business |
|---|---|---|
| Account type | Business deposit account from a licensed bank. | Business current or deposit account at a licensed bank, with conventional and Islamic options. |
| Who it suits | Singapore registered small and medium enterprises that want a bank account with multi currency support from an established regional bank. | Businesses based in Malaysia, Singapore, or other Southeast Asian markets that want a large regional bank with branch access and both conventional and Islamic account options. |
| Monthly fee | 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. | Varies by market. In Malaysia the SME First Account charges about 10 ringgit every six months, waived if an average balance of about 1,000 ringgit is kept. In Singapore the FlexiBiz account is marketed with no monthly fee, while the PremierBiz account applies a fall below fee of about 35 Singapore dollars when the average daily balance is under 30,000 Singapore dollars. As of 5 June 2026. |
| Transaction fees | Transaction, transfer, and telegraphic transfer fees apply per the DBS pricing guide. Verify current charges with DBS. As of 8 June 2026. | Cheque, cash, and electronic transaction fees vary by country and account, for example a per cheque fee on some Singapore accounts. As of 5 June 2026. Verify the current rate card with Maybank. |
| FX fees | 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. | International transfers and currency conversion carry fees that vary by market and route. Unclear at a single headline rate, so verify with Maybank. |
| Minimum deposit | An initial deposit may be required to activate the account. The exact amount is unclear, verify with DBS. | Varies by market. In Malaysia the SME First Account typically needs about 100 ringgit to open online or 1,000 ringgit at a branch. As of 5 June 2026. Verify with Maybank. |
| Multi currency | Yes. The account holds Singapore dollars and multiple foreign currencies. As of 8 June 2026. | Maybank offers foreign currency and multi currency account options in some markets, with detail varying by country. As of 5 June 2026. Verify with Maybank. |
| Integrations | DBS IDEAL digital banking, with connectivity to accounting and payment tools. Verify current integrations with DBS. | Online and mobile business banking, plus cash management tools that vary by market. Verify current integrations with Maybank. |
| Eligibility | Singapore registered businesses. Documentation and director or shareholder verification apply, and requirements are stricter for non resident owned entities. Verify eligibility with DBS. | Registered businesses in supported markets, with requirements and accepted entity types varying by country. Conventional and Islamic options available. As of 5 June 2026. Verify eligibility with Maybank. |
| Broadly available in | 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. | Malaysia and Singapore, with a wider presence across Southeast Asia through separate local Maybank entities. As of 5 June 2026. |
Use the table to weigh the differences. DBS Business and Maybank 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 8 June 2026 for DBS Business and 5 June 2026 for Maybank Business. Confirm current terms with the provider before applying.
Visit DBS Business → Visit Maybank Business →Questions about DBS Business and Maybank Business
Which is better for my business, DBS Business or Maybank Business?
It depends on your needs. The table on this page compares DBS Business and Maybank 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 DBS Business and Maybank 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. DBS Business figures are shown as of 8 June 2026 and Maybank Business figures as of 5 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.