Open POSB Bank Account in Singapore Online as a Foreigner

New to Singapore? Get your account online.

At a Glance

Get more from Singapore’s biggest bank.

Enjoy deals and cashback, gain from your savings and investments. Plus islandwide access to ATMs and branches.

All your banking and daily needs in two apps.

From sending money abroad and paying bills, to getting lunch, rides, movies and more – do it all with digibank and PayLah! apps.

Apply on your phone 24/7. No queues, no fees.

Open your account¹ with just a few quick taps on digibank app, anytime, anywhere.

¹New accounts can only be opened via digibank appApply now

A savings account with no fees, no minimum balances, plus a free debit card.
Pick a bundle with other personal accounts like POSB Multiplier.

POSB My Account

No fees, no minimum balance.

All-in-one account to save, spend, pay bills, and more
Store up to 13 currencies. No FX conversion fees
No initial deposit, minimum balance or service fees

Find out more here.

POSB Multiplier

Up to 4.1% p.a. on your savings.

Earn bonus interest when you bank, spend, protect and invest with us.
No minimum amount to unlock bonus interest
Earn on up to S$100,000 of your savings

See how to multiply your savings.

DBS Visa Debit Card

Up to 5% cashback. Comes free with any DBS account.

Up to 4% cashback on online food delivery, local transport and foreign currency
Up to 5% cashback on your overseas spending
Tap for public transport in Singapore

Your card will be mailed to you in 3 to 5 business days after approval.
Meanwhile, do check out more perks.

Other products you may find useful

DBS PayLah! App

Earn cashback when you go cashless.

Get rides, book movie tickets, order food, pay bills and more
Scan to pay in Singapore and abroad
Collect stamps to earn cashback

It’s one app for your daily needs. Check it out!

DBS Remit

S$0 transfer fees.

Send money instantly in a few taps
$0 transfer fees and competitive rates
Secure same-day overseas transfers at $0 fees when you transfer money online to over 50+ destinations, including China, India, Malaysia, Philippines and more!

Find out more.

Whatever your lifestyle needs, enjoy more rewards with a DBS Credit or Debit Card. Find out more here.

Get all the basics to get you started, including a free debit card, cashless payments and more.

POSB My Account

No fees, no minimum balance.

All-in-one account to save, spend, pay bills, and more
Store up to 13 currencies. No FX conversion fees
No initial deposit, minimum balance or service fees

Find out more here.

DBS Visa Debit Card

Up to 5% cashback. Comes free with any DBS account.

Up to 4% cashback on online food delivery, local transport and foreign currency
Up to 5% cashback on your overseas spending
Tap for public transport in Singapore

Your card will be mailed to you in 3 to 5 business days after approval.
Meanwhile, do check out more perks.

DBS PayLah! App

Earn cashback when you go cashless.

Get rides, book movie tickets, order food, pay bills and more
Scan to pay in Singapore and abroad
Collect stamps to earn cashback

It’s one app for your daily needs. Check it out!

Forget standing in line. Open your account on the digibank app, safely and quickly. All you need is Singpass, the trusted and secure digital identity for Singapore residents.Download digibank app

Download digibank app

Apply on digibank using Singpass to enjoy:

Instant approval

Pre-filled forms

Less documents to upload

Register for Singpass in an instant!Pro tip #1: Select Face Verification for instant registration.Pro tip #2: Have your FIN number and Singapore (+65) mobile number ready.How to apply:

Apply using Singpass

Apply without Singpass

Download digibank
Select ‘Continue with Singpass’
Follow the steps on the app.
Your details are pre-filled.
Pick a Starter Bundle
Enjoy high interest savings and your choice of cards with a bundle that’s right for you.
You’re done!
You can start using your account right away.

Note:
If you are not using your address from Myinfo, proof of residential address is required.
If declaring tax residency other than Singapore or home country, proof of tax residency is required.

Download digibank
Enter your details
Please ensure your information is accurate as per your documents
Pick a Starter Bundle
Enjoy high interest savings and your choice of cards with a bundle that’s right for you.
Upload supporting documents
1. Identification
  - Malaysian IC, or
  - Passport biodata page (for other nationalities)
2. Valid Pass
  - Employment Pass, S-Pass, Student Pass; or
  - In-Principle Approval from MOM or ICA
3. Proof of residential address
4. Proof of tax residency
Get approval in 3 to 5 working days
We will send an email once it’s approved.

Watch our step by step guide on how to setup a DBS/POSB account with Singpass

Download POSB digibank app

Download digibank app

Documents Required for Account OpeningBefore you apply, check the list of documents required.

Frequently Asked Questions

How can I register for a Singpass account?

You may refer to detailed instruction guide on Singpass website here, or find out more from their FAQs here.

What is the benefit of completing all my personal info on Singpass?

This will allow us to pull all your personal details from Singpass and fill in our application forms without the need to manually fill them in yourself. You may find out more here.

I have just registered for a Singpass account. When can I start using it to register for an account on digibank mobile?

Your Singpass/MyInfo profile should be up and ready to use the next day for new account application on your digibank app.

Additional AssistanceSimply drop us a note here and our service team will contact you at your preferred date and time.

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