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[raj321]

The Development Bank of Singapore (DBS) is a renowned financial institution that can satisfy all of your banking and wealth management needs. It is the banking destination with a powerful vision and unique financial offerings all over Asia. Their premier offering, DBS Treasures, offers a wealth of resources to meet all of your financial needs.
Features of DBS Treasures Savings Account
1. Quick Access You may easily access your savings account from your mobile device or ATM.
2. Interest Rates You can receive interest on your investments starting from 3.5% to 6% p.a. This depends on your bank balance.
3. Everyone is a Priority One of the best features of this savings account is that it provides options for NRE and NRO accounts too. Savings abroad are completely advantageous with the same interest rates.

 

[Deyiang]

This is quite interesting though I want to ask some few questions

1, can somebody from Africa open account with them

2" what is the minimum amount to start with or is it zero dollar account

3" Do they need kyc.

4 Can I withdraw my money any time.
Please clarify me on these questions

 

[Zeus]

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The Development Bank of Singapore (DBS) is a renowned financial institution that can satisfy all of your banking and wealth management needs. It is the banking destination with a powerful vision and unique financial offerings all over Asia. Their premier offering, DBS Treasures, offers a wealth of resources to meet all of your financial needs.
Features of DBS Treasures Savings Account
1. Quick Access You may easily access your savings account from your mobile device or ATM.
2. Interest Rates You can receive interest on your investments starting from 3.5% to 6% p.a. This depends on your bank balance.
3. Everyone is a Priority One of the best features of this savings account is that it provides options for NRE and NRO accounts too. Savings abroad are completely advantageous with the same interest rates.

DBS Treasures offshore savings account is indeed a great option for those looking for efficient banking services and wealth management offerings. With its various features like quick access, attractive interest rates, and NRE and NRO account options, DBS Treasures can be a great choice for those looking for offshore banking solutions. Additionally, the bank has a strong reputation and a solid track record, making it a secure option for managing your wealth. If you're interested, it's always a good idea to explore the bank's website or speak with a representative to learn more about the specifics of their savings accounts and other services.

 

[BMF Staff]

This is quite interesting though I want to ask some few questions

1, can somebody from Africa open account with them

2" what is the minimum amount to start with or is it zero dollar account

3" Do they need kyc.

4 Can I withdraw my money any time.
Please clarify me on these questions

Hi! I'm happy to address your inquiries. Here are the answers to your questions:

1. Yes, individuals from Africa can open an offshore savings account with DBS Treasures, subject to the bank's terms and conditions.
2. The minimum amount required to open a savings account with DBS Treasures offshore depends on the type of account you choose. For instance, the minimum average daily balance for the DBS Treasures account is SGD 350,000 in Singapore; the Wealth Management Account is SGD 1,000,000 while for their personal banking services it ranges from SGD 25,000 to SGD 350,000 depending on the country.
3. Yes, as with any financial institution, various "Know Your Customer" (KYC) protocols must be followed to meet both local and international regulatory requirements. More so, the requirements may differ based on the country and type of account you choose.
4. Yes, you can withdraw your money anytime from your DBS Treasures offshore account, subject to the bank's terms and conditions.

I hope this helps!

 

[raj321]

Hi! I'm happy to address your inquiries. Here are the answers to your questions:

1. Yes, individuals from Africa can open an offshore savings account with DBS Treasures, subject to the bank's terms and conditions.
2. The minimum amount required to open a savings account with DBS Treasures offshore depends on the type of account you choose. For instance, the minimum average daily balance for the DBS Treasures account is SGD 350,000 in Singapore; the Wealth Management Account is SGD 1,000,000 while for their personal banking services it ranges from SGD 25,000 to SGD 350,000 depending on the country.
3. Yes, as with any financial institution, various "Know Your Customer" (KYC) protocols must be followed to meet both local and international regulatory requirements. More so, the requirements may differ based on the country and type of account you choose.
4. Yes, you can withdraw your money anytime from your DBS Treasures offshore account, subject to the bank's terms and conditions.

I hope this helps!

In fact, this explanation of the subject is the simplest possible.