What happens to the balance for the bank account if a bank statement shows a credit balance?

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DBS eStatements

  • Features & Benefits
  • Manage eStatements
  • Eligibility & Fees
  • Email eStatement
  • Frequently Asked Questions
  • General
  • Receiving eStatement
  • Security
  • eStatement History
  • Password
  • How to Apply

 

Features & Benefits

  • Fast & convenient – view up to 7 years* of past eStatements at your convenience, instead of waiting for paper-based statements
  • Safe & secure – only you can access your statements via our secure iBanking portal
  • Environmentally friendly – save paper, trees, and our global environment

* From November 2010 or date of enrolment onwards, whichever is later.

 

Manage eStatements

You can now manage your eStatement preferences via Internet Banking, digibank app and SMS Banking now.

You will receive your eStatement from the next statement cycle onwards upon opt-in. No more paper-based statements will be sent and you can view, download, or print your eStatement at any time.

However, if you decided to opt-out from eStatements, you will again receive paper-based statements via mail from the next statement cycle onwards.

 

Enrol via SMS Banking

SMS the following keyword commands to 77767

Enrol eStatement for DBS/POSB Consolidated Statement

EnrolestatementNRIC/Passport
Example: Enrol estatement S1234567A

Enrol eStatement for Credit Card Consolidated Statement

EnrolcreditNRIC/Passport
Example: Enrol credit S1234567A

Enrol eStatement for Debit Card Statement

EnroldebitNRIC/Passport
Example: Enrol debit S1234567A

Enrol eStatement for Cashline Statement

EnrolcashlineNRIC/Passport
Example: Enrol cashline S1234567A


Enrol via Internet Banking or the digibank app

You can manage and view your eStatements quickly and easily with Internet Banking or using your digibank app. Simply click here or follow the steps below.

Internet Banking

  • Login to Internet Banking
  • Click on “Request” on the menu and select “Manage eStatement and eAdvice”
  • Change the eStatement status for the account you wish to receive eStatement

Digibank app

  • Login to DBS/POSB digibank app
  • Tap on the tab “More” and select "eStatements”
  • Tap "Manage" at the top right of the screen
  • Change the eStatement status for the account you wish to receive eStatement

 

Eligibility & Fees

All you need is DBS digibank (online or mobile) or SMS Banking. Update your email address or mobile number with us so that, you can receive eStatements for:

  • DBS/POSB Consolidated Statement
  • Card accounts
    • DBS/POSB Credit Card Account (for Principal Cardholders only)
    • DBS Corporate Card Account (for Individual Cardholders only)
    • DBS/POSB Debit Card Account (for POSB Savings Personal or Joint-alternate Account only)
  • DBS Cashline Account (except Joint-alternate Accounts)
  • Treasures Consolidated Statement
  • Wealth Management Consolidated Statement

Terms and Conditions Governing Electronics Statements

Note:

 

Email eStatement

Email eStatement is a soft copy of your account statement that will be emailed to your registered email address with us. This service is only available for non digibank customers.

 

Frequently Asked Questions

 

General

What is Email eStatement?

Email eStatement is a soft copy of your account statement that will be emailed to your registered email address with us.  




How do I download and print eStatement?

Download and print your eStatement with these simple steps:

Step 1: Log in to digibank online or digibank mobile
Step 2: For digibank online users, search for eStatement under My Accounts. For digibank mobile users, search for Quick Access or Other Services
Step 3: Download eStatement
Step 4: Print your eStatement

View the detailed guide to download eStatement here.



 

Receiving eStatement

Why am I receiving Email eStatement?

With effect from October 2019, eligible* personal account statement will be converted to email eStatement. With email eStatement, you can conveniently download, store and retrieve your bank’s statements in softcopy so that it is easy to retrieve at any time. This also helps to reduce paper clutter and save time needed to sort through monthly paper statements. 

 
*Eligible statement(s) refers to the following Personal Account Statement: 

  • DBS/POSB Consolidated Statement
  • Debit Card Statement
  • Treasures Consolidated Statement
  • Deposit Statement










 

eStatement History


Can I request for the resend of my email eStatements from previous months?

No. We are unable to resend past email eStatement. If you would like to view your past statement, you will need to sign up for digibank to view and download your eStatement online. Please note that upon signing up for digibank, you will no longer receive email eStatement. Instead, you will receive an email notification to inform you that your monthly statement is ready for viewing.  


 

Password


Can I change my password?

No, the password is static and cannot be changed. Remember, never disclose your password to anyone. DBS will never request for it. 



 

Apply for eStatements

digibank User



Not yet a digibank user?

Apply online now

For customers with ATM/Debit/Credit Card

For customers without card, kindly visit our branches.
Please note that some branches are closed temporarily in view of stricter safe distancing measures.

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What does it mean when a bank statement shows a credit balance?

If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you.

Does a bank account have a credit balance?

Many people believe that a bank account is in credit but in an accounting system, a bank account with available funds is actually a debit balance.

Is a credit balance positive or negative?

When you use your credit card to make a purchase, the total amount borrowed will appear as a positive balance on your credit card statement. A negative balance, on the other hand, will show up as a credit. A minus sign will appear before the number of your current balance, such as -$200.

What does it mean if my statement balance is negative?

This means that your credit card company owes you money instead of the other way around. Typically, this happens when you've overpaid your outstanding balance or if you've had a credit returned to your account.