DBS has expanded its SecureFX service to all corporate customers in Singapore, widening access as businesses look for more certainty in volatile currency markets.

The foreign exchange service, which launched in March 2025, allows businesses to lock in preferred rates for future-dated foreign currency payments through DBS IDEAL.

DBS said the broader rollout will give more companies access to a tool that can help them better manage foreign exchange risk.

The bank said around 60 percent of its Singapore SME foreign exchange customers with cross-border payment needs have used SecureFX since launch.

It also said its latest Business Pulse Check Survey found that 83 percent of SMEs plan to internationalise in 2026 as they seek growth amid market volatility.

DBS said implied volatility in the euro, yen and pound has been rising since the start of 2026 due to ongoing macroeconomic uncertainty.

Eileen Chia, Regional Head of Corporate Advisory, Global Financial Markets at DBS, said,

“While global markets are moving through a period of heightened volatility, this also presents opportunities for businesses that are ready to scale beyond their home markets.

Companies that take a more strategic approach to managing their foreign exchange exposures are often better positioned to seize regional opportunities, strengthen supplier relationships and plan with greater clarity.”

Available within DBS IDEAL, SecureFX covers five currency pairs namely USD/SGD, EUR/SGD, EUR/USD, GBP/SGD and JPY/SGD.

Businesses can lock in rates up to one month in advance for local and overseas payments of up to US$1 million at any given time, without credit lines or upfront cash commitments.