Open POSB Payroll Account
You can help your FDW open a POSB Payroll Account through the Centre for Domestic Employees (CDE).
With this account applied through CDE, your FDW:
- Does not need to have a minimum deposit.
- Does not need to maintain a minimum balance every month.
Your FDW must not already have an account with POSB or DBS to enjoy these benefits.
You can also help your new FDW apply for a CDE-POSB ATM card during the work pass issuance process.
Open an account at another bank
Alternatively, you can help your FDW open an account at another bank. Please check with the bank on the conditions of opening and maintaining a bank account.