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DBS promotions targeting wealth management clients

TAIPEI, Taiwan -- DBS Taiwan has launched various promotional offers targeting those with wealth management needs.

One of the offers targets those who become DBS wealth management clients between now and April 30 and bring in new funds. Those bringing funds of NT$1 million to NT$3 million will get a special interest rate of 1.45 percent for a one-year deposit, while those bringing in amounts above NT$3 million will get a rate of 1.55 percent. The maximum amount under the offer is NT$5 million.

“This offer is for those with wealth management needs, especially after the Lunar New Year break in which people got red envelopes and year-end bonuses,” said Tang Cheng-feng, consumer banking director with DBS.

In another offer from now till April 30, wealth management customers making foreign currency exchanges can get special exchange rates. Those making exchanges in the Australian dollar or the euro can get plus or minus 8 cents off the bank's official exchange rates, while those making U.S. dollar exchanges can get plus or minus 3.6 cents.

Wealth management customers can enjoy additional benefits when purchasing mutual funds offered by DBS. Under a special offer, those who become DBS wealth management clients between now and Dec. 31 and who purchase mutual funds offered by DBS within three months of the membership sign-up shall get a 70-percent discount on the processing fee.

Meanwhile, DBS wealth management customers can use all DBS facilities across the Asia-Pacific to enjoy the outstanding service rendered.

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