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  • 1 Post By freeier

DBS minimum balance requirement - $200k

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  1. #1

    Join Date
    Aug 2013
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    The World
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    DBS minimum balance requirement - $200k

    If I withdraw all funds and leave the account at zero, will they charge the monthly maintenance of $100 fee each month and send my account negative, or do I have to go to the effort of formally closing the account to avoid this?

    For example I opened a BOC account years ago but leave the balance at zero and so they never seem to charge me anything.


  2. #2

    Join Date
    Nov 2005
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    Cramped island
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    5,585

    depends on the type of account. if you are on certain tier you need to maintain the minimum sum.
    check the fees table.. if need to just downgrade your bank account to the most basic ones usually they are free

    shri likes this.