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How to close dbs corporate account 2026

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The document is an authorization form for closing a bank account with DBS Bank Ltd. It includes sections for providing account details, payment instructions for the remaining balance, and requests for the termination of related services such as ATM cards, internet banking, and GIRO arrangements. The form also outlines terms and conditions regarding Cashier's Orders and other banking services.

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Click ‘Get Form’ to open the 'Authorisation for Closure of Account' document in the editor.
Begin by filling in your Account Name and Account Number. Ensure that these details match your bank records for a smooth closure process.
Provide your Contact Number and NRIC/PP Number(s) for identification purposes. This information is crucial for verifying your identity.
Indicate how you would like the remaining balance to be paid. You can choose between crediting another DBS/POSB account or requesting a Cashier’s Order. If opting for a Cashier’s Order, ensure you agree to the terms stated on the form.
If applicable, return any unused cheque numbers by specifying them in the designated section. This helps prevent unauthorized transactions post-account closure.
For card cancellation, confirm that you have destroyed your ATM/Debit card(s) and provide details about linking another account if necessary.
Finally, review all entries for accuracy before signing and dating the form at the bottom. Your signature must match the one on file with DBS Bank.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I terminate my DBS ideal account?

To terminate your DBS IDEAL access, you will need to provide us with an official letter detailing your request using your companys letterhead template. This letter must be signed by your companys authorised signatories.

How to close corporate bank account dbs?

How can I close the account? A written instruction in a form of a letter must be submitted and signed by 2 directors or the sole director in a sole directorship company. An account closure fee of S$50 will apply if the account is closed within 6 months from the date of account opening.

How do I close my corporate bank account?

How to close a business bank account: 5 steps Check for any outstanding payments. Collect necessary documents for closing your business account. Send the formal request to close your business bank account. Open a new business account and transfer funds. Confirm that your business account has been closed.

How do I contact DBS Bank corporate customer care?

DBS Vantage credit card holders should call the dedicated customer service number at 1800 209 4555, or our overseas customer service number at +91-44-66854555. Corporate customers can docHub Business Care at 1800 103 6500 / 1800 419 9500 / +91 44 66328000 (Overseas Number).

How do I close a corporate bank account?

How Do You Close a Business Bank Account? Step 1: Review Your Account. Step 2: Transfer or Close Linked Services. Step 3: Withdraw or Transfer Funds. Step 4: Contact Your Bank. Step 5: Formally Close the Account.