If you're looking for a locally-based USD account in Singapore, the DBS USD Virtual Account product may be the right fit for you!
DBS USD Virtual Account Benefits:
- Receive USD from a locally based account in Singapore to your 11-digit USD virtual account, without the need to immediately convert funds to SGD
- Receive USD from a foreign-based account outside Singapore to your 11-digit USD virtual account (using one of our approved FX/Cross Border partners)
- Send USD to locally based accounts in Singapore
- Send USD to foreign accounts based outside of Singapore (using one of our approved FX/Cross Border partners)
- Convert USD to SGD when rates are in your favour
Tip: To learn more details on how DBS USD Virtual Account works, download this brochure!
All accounts approved for access to the Aspire platform are eligible. Please refer to our Acceptable Use Policy to know the Aspire eligibility criteria.
Visit this page to know what countries does Aspire support for our SG based USD account.
Do note that this account is only for your own business activities. Any transfers or transactions you wish to effect on the platform for or on behalf of another party will require specific approval from our compliance team.
You may not use the Platform or any Electronic Services for any personal or non-business related activities.
How to Sign Up
Please complete this form "Submit a Query" to submit your interest in DBS USD Account.
Our team will be in touch with you within 1 business day.
Questions? Please let us know here or chat with us during business hours (Mon - Fri, 9AM - 5.30PM SGT) by clicking on the green chat bubble on the lower right-hand side.