POSB Payroll Account For Work Permit Holders

Choose a language

Bahasa Indonesia Bengali (বাংলা)

Burmese (မြန်မာ) Mandarin (华文)

Tagalog Tamil (தமிழ்)

At a Glance

Convenience

Manage salary with ease

Flexibility

Go cash free with your DBS Visa Debit

Ease

Send money back home easily with DBS Remit

The POSB Payroll Account is designed to make banking easier for all Work Permit holders. You can now manage and track salary payments with ease.Upon opening of Payroll Account, you will also be issued with a DBS Visa Debit Card.

Use the DBS Visa Debit Card to:

Tap for faster payment for your purchases and bus/train rides
Make online purchases conveniently anywhere, anytime
Enter PIN for your NETS purchases
Withdraw cash from ATMS with your card and PIN

Transaction Limits for DBS Visa Debit Card (for Work Permit Segment)

Type of limit

Default transaction limit

Debit spend limit

S$200

ATM Cash withdrawal limit^{^}

S$1,000

NETS Point-of-sale limit

S$1,000

Send money home fast and safely at S$0* transfer fees via digibank app

Benefits

For Employers

For MWs and MDWs

Save time when you go cashless

No more queueing for cash, every month. Transfer your MW’s or MDW’s salary online instantly.

Pay easily with the DBS Visa Debit Card

Go cash free with your DBS Visa Debit Card! Pay at any store using the PayWave function/ NETS, ride local public transport, top up your prepaid SIM card and more.

If you still need to withdraw cash, you can make your first 4 ATM cash withdrawals per month at S$0 fee.

Never forget your next salary payment

Set up standing instructions to automatically transfer your MW’s or MDW’s salary online, so you don’t have to worry about missing a payment!

Manage salary with ease

Secure and accountable salary payment with our digital services helps build trust with your employer.

Track salary payment easily

Access online fund transfer records easily via your account statement history, safeguarding you and your MWs or MDWs.

Remit funds at S$0* fee

With DBS Remit, you can send money back home easily from your account with your mobile phone. It’s safe and convenient!

Eligibility and Fees

No initial minimum deposit required for opening POSB Payroll Account.

A S$2 monthly service fee if average daily balance falls below S$500.

A S$2 monthly ATM withdrawal fee will apply if the customer makes more than 4 ATM cash withdrawals in the month.

A S$2 fee will apply for each cash withdrawal of S$2,000 or less, at any DBS/POSB branch.

Important note:^ The total amount of cash that you can withdraw per day at both local and overseas ATMs is capped. This daily cash withdrawal limit applies regardless of the number of cards you have. Click here for details.* For remittances to Malaysia, there will be a $3 Service Fee for transactions of S$500 or less, effective 27 January 2021For MDW: Only accounts opened via the MOM system (for new or transfer MDWs) or online (for existing MDWs) will enjoy a waiver of service charge.Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Apply nowFor Migrant Worker:Please refer to the user guide on the POSB Payroll Account opening for Migrant Worker in WPOL here.For Migrant Domestic Worker:For new or transfer MDWs
When requesting for work permit issuance via the MOM system, select the option to open a POSB account. Your MDW’s consent must be obtained prior to application. For more information, please click here.For existing MDWsTo apply for POSB Payroll Account online, you would need the following documents and details.

Valid Passport

Work permit (front and back copies) or In-Principle Approval (IPA)¹

Screenshot of SGWorkPass App

Mobile number

Email address

¹ If using IPA, please upload a copy of page 1 and 2 “Helper’s copy” (not “Employer’s copy”). Please key in your FIN number under promo code.Apply nowClick here for the step-by-step guide

How to activate your Payroll Account and Debit CardDBS/POSB ATMLocate the nearest DBS/POSB ATM.Steps for account/card activation

Insert your New ATM/Debit Card into the ATM.

Enter your Card PIN*.

Select More Services.

Select Cards/PIN/iBanking/Phonebanking.

Select Activate Card.

Follow instructions on the ATM screen to complete activation.

*Note: The Card PIN can be found in a separate letter sent to you.

Learn more about your DBS Visa Debit Card

Up to 4% Cashback on what you want, every time

Get up to 4% cashback when you spend on online food delivery, local transport and in foreign currency (including online purchases). Simply spend a minimum of S$500 on Visa and keep your cash withdrawals to S$400 and below in the same month.

Tap and SimplyGo

Tap and SimplyGo on buses and trains without having to top up.

No foreign exchange fee

When you link your DBS Visa Debit Card to any multi-currency account with DBS.

Click here for full details and T&Cs of DBS Visa Debit Card.

NETS Contactless is now available on Work Permit Visa Debit card (Effective 15 March 2023)

Fast and Seamless – Simply tap your card to make payment at the cashier

Convenience – No PIN required for transaction values below S$100. Use one card for cash withdrawals, spending and transit needs.

Safe & Contactless – Reduce contact with surfaces while making transactions

How to register

Step 1
Download the digibank Mobile app from the App Store, Google Play or AppGallery.

Step 2
Launch the digibank Mobile app and tap on Sign up for digibank.

Step 3
Tap I need digibank access.

Step 4
Select Debit/ATM Card.

Step 5
Enter your Debit/ATM Card Number, 6-digit Card PIN and tap Next.

Step 6
Complete your Credentials by inputting your preferred User ID & PIN. Verify your mobile number, email address, mailing address and tap on Next.

Step 7
Review and Confirm the details and tap on Confirm.

Step 8
Your digibank onboarding is completed. Tap on Proceed to digibank to Set up your Digital Token next.

Set up using your registered Email Address and SMS OTP

Step 1
Launch your digibank App and select Digital Token.

Step 2
Tap on Set Up Now.

Step 3
Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.

Step 4
Tap on Set Up Now.

Step 5
Enter the 6 digit Email OTP sent to your registered email address.

Step 6
Enter the 6 digit SMS OTP sent to your registered mobile number.

Step 7
You've set up your Digital Token.

Set up using your DBS Secure Device (Physical Token)

Step 1
Launch your digibank App and select Digital Token.

Step 2
Tap on Set Up Now.

Step 3
Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.

Step 4
Tap on Set Up Now.

Step 5
Select Physical Token and a 6 digit SMS OTP will be sent to your registered mobile number. Follow the on-screen instructions, enter the 6 digit SMS OTP into your Physical Token and the generated 6 digit code into your digibank App.

Step 6
You've set up your Digital Token.

Set up with changes to your Email Address and without DBS Secure Device (Physical Token) – Requesting for Registration Code

Step 1
Launch your digibank App and select Digital Token.

Step 2
Tap on Set Up Now.

Step 3
Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.

Step 4
Tap on Set Up Now.

Step 5
Confirm or edit your Email Address and tap Next.

Step 6
Tap My Physical Token is Damaged/Lost if you do not have a Physical Token with you.

Step 7
Tap Mail My Code for us to mail the registration code to you.

Step 8
Ensure your mailing address is correct and tap Request Code to proceed.

Step 9
Request for registration code is Completed.

Please allow 3-5 working days for the registration code to be sent to your registered mailing address.

Set up with changes to your Email Address and without DBS Secure Device (Physical Token) – Upon receiving Registration Code

Step 1
Launch your digibank App. Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.

Step 2
Tap on Set Up Now.

Step 3
Confirm your Email Address and tap Next.

Step 4
Tap Continue to proceed with the registration.

Step 5
Enter the 6 digit SMS OTP sent to your registered mobile number.

Step 6
You've set up your Digital Token.

How to add Payee for DBS Remit?

Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
Tap Pay & Transfer and select Overseas.
Tap Add Overseas Recipient and select the Country.
Enter your recipient's Bank Details followed by their Account & Personal Details.
Tap Next to review your recipient's details and tap Add Recipient Now.
Follow the 2-Factor Authentication Instructions to complete the request.

How to transfer overseas?

Step 1
Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.

Step 2
Tap Pay & Transfer followed by the Overseas icon.

Step 3
Select the recipient you wish to make transfer to.
(If the recipient is not in your pre-arranged list, follow the steps in Add Overseas Funds Transfer Recipient)

Step 4
Select the Fund Source, Amount, Purpose of Transfer. Tap Next.

Step 5
Review the Transfer details and tap Transfer Now.

Step 6
Your overseas funds transfer transaction has been submitted for Processing.

Work Permit NTP Remit 2024 Promotion

We know that in the heart of every remittance is a gesture of love, care and connection. In a world where every dollar counts, we believe your hard-earned money deserves a little celebration.

That’s why we’re rewarding you with S$10 cashback on your first DBS Remit/PayNow UPI transfer* of min. S$100 with us.

So whether you are sending money to support your loved ones or fulfilling your overseas commitments, let DBS Remit / PayNow UPI deliver your funds securely around the world with same-day transfers to over 50+ destinations at S$0 transfer fees. All in a few taps on digibank mobile.

*Applies to first time DBS Remit/PayNow UPI customers or customers who have not performed any DBS Remit/PayNow UPI funds transfer within the past 12 months.

Click here for full Terms & Conditions

Is registration required? How do I take part in the Work Permit NTP Remit 2024 Promotion?

No registration is required. This promotion is open to customer who are using DBS Remit service (“DBS Remit”) and PayNow UPI via digibank online or digibank mobile for the first time and did not perform DBS Remit or online outward international fund transfer within the last 12-months. All you need to do is to enter promo code “REMIT10” and a min S$100 transaction with DBS Remit/ PayNow UPI within a Qualifying Period (as defined in Clause 5 of Terms and Conditions)

Will overseas funds transfer via DBS Remit cut-off timing affect my Eligible Transaction?

No, it will be based on the DBS Remit transaction submission date. If the transaction with promo code “REMIT10” submission was done during the qualifying period, it will be counted as an eligible transaction.

Qualifying period	Eligible transaction submission date, SGT
1	15 Nov to 31 Dec, before 23:59

When and which account would DBS credit Reward into?

If New Remit Customer has fulfilled all the criteria under Clause 3, Reward will be credited into the bank account used by Eligible Customer to perform the first Eligible Transaction and Reward Credit Date for each Qualifying Period as below table:

Qualifying period	Reward credit date
1	By 31 Mar 2025

PayNow

How to transfer funds using PayNow?

Step 1
Launch your digibank mobile app, tap on PayNow and log in with your Touch / Face ID or digibank User ID & PIN.

Step 2
Select the mode of transfer and enter recipient's details. Tap Next.

Step 3
Select account to transfer money from and enter the amount you wish to transfer. Input your comments(if any) and tap Next.

Step 4
Review your transfer and tap Transfer Now to complete your transaction.

PayLah!

How to transfer funds using DBS PayLah!?

Step 1
Log in to DBS PayLah! with your Touch / Face ID or PayLah! Password.

Step 2
Under Home, tap Pay.

Step 3
Under Anyone tab, enter the Amount you wish to send.

Step 4
Search the Recipient(s) from your contact list or enter their Mobile Number and tap Done.

Step 5
Type a message or enable Send as eGift (if any) and tap Next.

Step 6
Verify the transaction and tap Let's go to complete the transaction.

Learn how to bank and remit with digibankIf you have any queries, you may follow through our translated guides with the following links.

Explore more

Savings Maid

POSB Payroll Account For Work Permit Holders

Explore more

Useful Links

Others

Need Help?

Markets