DBS introduces digiVault, a digital solution that provides a secure means to lock up your money digitally while offering the additional assurance of a physical vault. With a digiVault account, users can conveniently transfer funds digitally, ensuring ease of access while maintaining robust security measures. The innovative feature of digiVault lies in its integration of a physical vault, adding an extra layer of protection to your digital assets.

Here’s how it works: Once you’ve transferred your funds into your personal digiVault account, DBS/POSB branches will facilitate a secure process for withdrawing the funds. Identity verification will be conducted in person, enhancing the overall security of your transactions.

As an exclusive benefit for digiVault users, DBS offers an attractive interest rate of 1.80% per annum on locked funds. This additional interest applies to deposits placed in your digiVault account, with a cap set at $50,000. The promotional period for enjoying this enhanced interest rate is from November 27, 2023, to February 29, 2024.

Opening a digiVault account not only provides a cutting-edge solution for digital wealth management but also offers a lucrative opportunity to earn higher interest on your savings. The initiative aligns with DBS’s commitment to leveraging digital innovation to enhance the financial experience for its customers.

If you prioritize the security of your digital assets and seek an opportunity to maximize your savings through attractive interest rates, consider opening a digiVault account with DBS today. Experience the convenience of digital transactions coupled with the assurance of a physical vault, providing a comprehensive solution for modern banking needs.