To begin your banking journey, you can open a Savings Bank Account. A Savings Account is the most basic bank account wherein you can deposit your money to create savings and earn interest on the deposits. Thanks to the digital era and innovations in banking, you can now open a bank account online from the comfort of your home. You can open the account by submitting scanned, self-attested copies of a few documents to open the account instantly. Here is a comprehensive list of the documents required for opening a bank account online.
You need to download the DBS Bank application to open your Savings Bank Account. Once you download the app, you can go to the account opening section, which details the list of documents you need to submit. Let us first look at the basic documents you require to open a bank account:
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Once you submit the documents required for your bank account, the bank verifies your documents through a process known as KYC or Know Your Customer. For the digital accounts, the bank conducts the verification process online or through e-KYC.
Opening a bank account is a quick process if you keep the required documents ready. You can even open a bank account online within a few minutes and start utilising all the facilities that go with a digital bank account.
With the DBS Bank app, you can open a new Savings Account in a few minutes! Download the app to get started.
