How To Close DBS/POSB Deposit Account

This guide shows you how to close a DBS/POSB savings or current account through internet banking.

The service is available daily from 7:00am to 10:00pm, and from 7:00am to 8:00pm on the last working day of the month.

How To Close DBS/POSB Deposit Account via iBanking

Login To iBanking

Click on “More Requests”

• Go to Request, select More Requests

Click on “Close Deposit Account”

• Go to Other Services, select Close Deposit Account

Select Deposit Account To Close

• Select the Deposit Account to close
• Select the Reason for Closure
• Click Next

Important

If you still have funds in your account, you cannot close it. You will need to transfer out any remaining funds in order to proceed.

Note: All linked facilities and services such as ATM cards and debit cards will be terminated along with the closure of the account!

Read More: Best Savings Account