

Trump decided to skip the summit in Papua New Guinea, leaving the door open for Xi, who arrived two days earlier for a state visit and has been the undoubted star of the show. "We've put tariffs on $250 billion in Chinese goods and that number could more than double," he told CEOs from around the region.Īmid fears diplomatic and trade friction could spill over into the military sphere, Pence announced the US would join forces with Australia in the development of a new naval base.Īnd in a move likely to irritate Beijing, he also briefly met Taiwan's APEC representative. Xi urged the world to "say no to protectionism and unilateralism", warning it was a "short-sighted approach" that was "doomed to failure".įor his part, Pence vowed US tariffs would remain in place unless Beijing "changes its ways". Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.The world's top two economies have been embroiled in a spiralling trade war, imposing tit-for-tat tariffs on each other's goods in a confrontation experts warn could torpedo the global economy. 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$75,000 for each depositor per Scheme member. 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$75,000 in aggregate per depositor per Scheme member by law. Service charge is waived for DBS Multiplier Account holders up to 29 years old, effective from May 2018 onwards. Such accounts may also be subject to exchange controls imposed on the currency held. If your transactions do not meet the criteria, the SGD balance in your DBS Multiplier Account will be accorded the prevailing base interest rate for that month.įoreign currency transactions are subject to exchange rate fluctuations, which may result in capital gains or losses. Interest is credited in 2 parts:īase interest, calculated on daily balances will be credited at month end, andīonus interest at the higher interest rate (which is the higher interest rate less the prevailing base interest rate) calculated on daily balances, will be credited by the 7th working day of the following month. Any amount over and above this will be accorded the base interest for that month. (This chat service is available from 9am to 6pm on Mon to Fri, excluding Public Holidays.)Īlternatively, you may leave your contact details and we will get in touch soon.īonus interest rates are applicable to the SGD balance in your DBS Multiplier Account, up to the first S$100,000.

Recognition starts 1 month after policy inception and continues for 12 consecutive months as long as policy is in force. The monthly premium amount will be calculated by dividing the single premium amount by 120.The purchase date is based on policy sign date. Valid for new single premium policy purchased with cash or SRS after Multiplier Account is opened.Select Request > More Requests > Request for DBS Autosave Account Conversion.You can convert your existing personal DBS Autosave or DBS Multi Currency Account (joint account not allowed) to DBS Multiplier Account: Beyond these periods, account opening will take 2 working days.Ĭan I convert my existing DBS/POSB account to Multiplier Account? Login to your digibank app, tap on ‘More’ followed by ‘Deposit Account’ and tap on ‘DBS Multiplier Account’.įor account opening between Mondays to Sundays (including Public Holidays), 7am to 10.30pm or on the last day of the month between 7am to 8pm, the account will be opened instantly.Select Apply > Deposit Accounts > DBS Multiplier Account > Instant Apply OR.To apply for a new DBS Multiplier Account: Apply for your account using Singpass, upload your passport (for Malaysian, upload front and back of your Malaysian IC) and your account will be opened instantly.įor existing customers with digibank accessĪll you need to do is log in and refer to the following guided steps:.
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Download the digibank app from your App store.Register for Singpass if you have not done so.You can apply for DBS Multiplier Account via the digibank app.īelow are 3 simple steps on how you can open your account instantly How do I apply for DBS Multiplier Account online?
