DBS Hong Kong launches fully virtual wealth management account

Customers can now set-up a multi-currency savings and wealth management account through their smartphones.

DBS Hong Kong launched its first fully virtual wealth management account opening solution, which allows its customers to set-up a new multi-currency savings and wealth management account through their smartphone, an announcement revealed.

The platform leverages instant identity verification, biometric recognition, and state-of-the-art digital security, which enables customers to manage their investments and financial needs through their phones.

Customers can also invest in equities across seven international markets, trade 14 foreign currencies in real time 24/7, and transfer funds same day across 42 destinations, free of charge.