Green Link Digital Bank (GLDB) Singapore Review 2026: Is It Right for Your Business?
By The Kopi Notes | Updated June 2026 | 8 min read
Green Link Digital Bank (GLDB) is a MAS-licensed digital wholesale bank in Singapore, focused exclusively on micro, small and medium enterprises (MSMEs). Launched in June 2022, it offers current accounts, multi-currency accounts, USD and SGD fixed deposits, and specialist supply chain financing. It does not serve individual retail customers — only registered Singapore businesses can apply. GLDB’s key edge is its trade finance capability, powered by parent company Linklogis.
Not financial advice. All figures are for educational reference only. Data as at June 2026 unless noted.
- GLDB is a wholesale digital bank — strictly for businesses (Pte Ltd, partnerships), not individual accounts.
- Best for SMEs that need USD fixed deposits, multi-currency accounts, or supply chain/trade financing.
- Deposits are not SDIC-insured — unlike GXS Bank and MariBank which protect up to S$100,000 per depositor.
What is Green Link Digital Bank?
Green Link Digital Bank Pte. Ltd. (GLDB) holds a Digital Wholesale Bank (DWB) licence issued by the Monetary Authority of Singapore (MAS) in December 2020. It officially started operations in June 2022.
The bank is owned by a consortium led by Greenland Financial Holdings (property and infrastructure) and Linklogis (a Hong Kong-listed supply chain finance technology company). That Linklogis pedigree is important — it’s the reason GLDB can offer specialised trade and supply chain financing that traditional banks reserve only for larger corporates.
As a Digital Wholesale Bank, GLDB is legally restricted to serving businesses only. If you’re looking for a personal savings account, GXS Bank or MariBank are the ones to look at. GLDB is for Pte Ltd companies, partnerships, and other registered business entities.
As of 2026, Singapore has five MAS-licensed digital banks: two Digital Full Banks (GXS and MariBank) serving individuals and businesses, and three Digital Wholesale Banks (GLDB, ANEXT Bank, and one other). GLDB sits firmly in the wholesale category — purpose-built for businesses that need more than just a standard current account.
Account Types and Features
GLDB offers three deposit account types, plus a suite of payment services. Here’s what each one does:
1. Current Account (SGD)
This is your primary account for everyday business banking. You can send and receive SGD payments, view real-time balances, and track transaction history through GLDB’s digital platform.
Two things stand out versus most traditional bank accounts. First, there’s no minimum balance fee. You won’t get penalised for having a low float. Second, the current account earns credit interest on your SGD balance — a feature most bank current accounts don’t offer.
2. Multi-Currency Account (SGD & USD)
If your business transacts in multiple currencies or pays overseas suppliers, this account lets you hold and manage both SGD and USD balances in one place. No need to juggle accounts at different banks.
You can receive and send cross-border payments, conduct same-currency or cross-currency transfers, and view all activity in a single dashboard. GLDB also supports overseas fund transfers in other currencies beyond SGD and USD — useful if you’re paying suppliers in Asia or beyond.
3. Fixed Deposit Account (SGD & USD)
If your business has surplus funds sitting idle, GLDB’s fixed deposit accounts let you earn a pre-agreed interest rate for a fixed tenure. Available in SGD and USD, with tenors of 6, 9, 12, or 18 months.
Interest is paid at maturity. You see the exact rate before you commit — no guesswork.
Payment Services
Beyond deposit accounts, GLDB also offers:
- MEPS payments — high-value SGD transfers with same-day settlement finality
- Overseas fund transfers — international payments in multiple currencies
- Scheduled payments — automate recurring or future-dated payments
All payment activity is visible alongside your account balances in one integrated platform.
Fixed Deposit Rates: SGD and USD (2026)
GLDB’s fixed deposit rates are competitive for businesses with meaningful surplus cash to place. Here’s the current rate schedule as at April 2026:
| Tenor | USD Rate (% p.a.) | SGD Rate (% p.a.) | Min. Placement |
|---|---|---|---|
| 1 Month | 3.90% | Not available | USD 10,000 |
| 3 Months | 3.90% | Not available | USD 10,000 |
| 6 Months | 3.90% | 1.50% | USD 10k / SGD 250k |
| 9 Months | 3.60% | 1.60% | USD 10k / SGD 250k |
| 12 Months | 3.20% | 1.60% | USD 10k / SGD 250k |
| 18 Months | On request | 1.60% | SGD 250,000 |
Source: Green Link Digital Bank Fixed Deposit Rate Sheet, April 2026. Rates subject to change.
The USD rates are notably strong at 3.90% p.a. for 1–6 month tenors. For a business with USD 100,000 to place for 6 months, that’s approximately USD 1,950 in interest — not bad for parking cash between operating cycles.
The SGD rates are more modest (1.50%–1.60%). For higher SGD fixed deposit rates, you’d typically compare against Singapore Savings Bonds or T-bills, which we cover in our Singapore T-bills 2026 guide.
Important note on minimums: SGD fixed deposits require a minimum of SGD 250,000. This puts them firmly in the corporate/institutional range. USD deposits are more accessible at USD 10,000 minimum.
Supply Chain & Trade Finance: GLDB’s Real Differentiator
This is where GLDB genuinely stands apart from the other Singapore digital banks. Most SME business accounts offer payments and deposits. GLDB goes deeper — it provides structured trade finance and supply chain financing powered by Linklogis’s technology platform.
There are two core products here:
Payables Financing (for Buyers)
If you’re a buyer purchasing goods from suppliers, GLDB can finance up to 100% of your invoice value. Instead of using your own working capital to pay the supplier upfront, GLDB pays the supplier directly. You then repay GLDB at the agreed financing tenor.
- Financing amount: Up to 100% of invoice value
- Nature: Post-shipment (goods already dispatched)
- Maximum tenor: Up to 180 days
Receivables Financing (for Suppliers)
If you’re a supplier waiting to be paid on 60–90 day payment terms, receivables financing lets you unlock cash immediately. GLDB advances up to 90% of your outstanding invoices, so you’re not stuck waiting for your buyers to pay.
- Financing amount: Up to 90% of invoice value
- Nature: Post-shipment
- Maximum tenor: Up to 180 days
In practice, these products are most valuable for businesses in manufacturing, trading, distribution, or any supply chain with extended payment cycles. For example, a Singapore electronics distributor importing from Chinese suppliers could use payables financing to manage cash flow without tying up its own working capital.
Note that GLDB’s supply chain financing portal is a separate platform from its banking portal. You access banking at ib.glbank.com and supply chain financing at scf.glbank.com.
GLDB Fees and Charges (2026)
GLDB keeps its fee structure simple. There’s no monthly account maintenance fee. No penalties for low balances. Here’s what you do pay:
| Transaction Type | Fee |
|---|---|
| Monthly account fee | Free |
| Minimum balance fee | Free |
| Book transfer (GLDB to GLDB) | Free |
| MEPS transfer (domestic SGD) | SGD 20 per transfer |
| International transfer (outward) | 1/12% of amount, min SGD/USD 40, max SGD/USD 150 |
Source: GLDB Fees & Charges Schedule, April 2026. Subject to change.
The SGD 20 MEPS fee is standard for high-value domestic transfers. If you’re mostly doing book transfers between GLDB accounts (e.g., between your current and fixed deposit accounts), that’s free. The international transfer fee structure — capped at SGD/USD 150 — is reasonably competitive for businesses making regular overseas payments.
Who Can Apply? GLDB Eligibility
GLDB is strictly a business bank. Individual consumers cannot apply — full stop. If you’re a salaried employee or freelancer looking for a personal bank account, look at MariBank or GXS Bank instead.
For businesses, eligible entities include:
- Singapore-registered Pte Ltd companies
- Partnerships and LLPs registered in Singapore
- MSMEs with trade or supply chain activity
Account opening is done digitally via MyInfo Business — Singapore’s government digital identity platform for businesses. The process uses Singpass to verify your company’s UEN, directors, and authorised signatories. There’s no need to visit a branch (because there are none).
Notably, GLDB’s systems are designed to work with smaller SMEs than traditional banks typically serve. Linklogis’s technology allows GLDB to extend trade finance credit to commercial-sized clients — not just large corporates. That’s a meaningful shift from the traditional supply chain finance landscape.
For related personal finance tracking and planning resources, see our Singapore retirement calculator or explore passive income strategies in Singapore.
GLDB vs Other Singapore Digital Banks (2026)
Here’s how Green Link Digital Bank stacks up against the other MAS-licensed digital banks in Singapore — especially for business owners choosing between them.
Source: MAS, GLDB, ANEXT Bank, MariBank, GXS Bank official sites. Data as at June 2026.
GLDB vs ANEXT Bank
Both are Digital Wholesale Banks targeting SMEs, but they differ in focus. ANEXT (backed by Ant Group) is strong on multi-currency accounts — supporting SGD, USD, CNH, and EUR balances. GLDB only holds SGD and USD, but wins on supply chain financing depth.
If your business needs trade finance and payables/receivables financing, GLDB is the better fit. If you need to hold and receive payments in Chinese renminbi (CNH), ANEXT has the edge.
GLDB vs MariBank
MariBank (backed by Sea/Shopee) is a Digital Full Bank — it serves both individuals and businesses. Its SME accounts are simpler: SGD-only, no trade finance, but your deposits are SDIC-insured up to S$100,000. MariBank’s personal savings account offers 2.88% p.a. on the first S$50,000 — attractive for individuals.
GLDB is a completely different product. It’s for businesses with cross-border activity, USD exposure, or supply chain financing needs. The two don’t really compete directly. For MariBank referral bonuses, see our moomoo Singapore review and related digital bank coverage.
The Key Trade-Off: SDIC Insurance
This is the most important difference for risk-conscious business owners. GXS Bank and MariBank deposits are SDIC-insured up to S$100,000 per depositor. GLDB and ANEXT deposits are not SDIC-insured, as wholesale digital bank deposits are outside the SDIC retail deposit protection scheme.
For businesses placing large sums (especially those S$250,000 SGD fixed deposits), understand that these are not protected in the same way retail deposits are. The trade-off is higher returns and more sophisticated financial services.
Green Link Digital Bank: Pros and Cons
| ✓ Pros | ✗ Cons |
|---|---|
| MAS-licensed — fully regulated digital bank | Businesses only — no individual accounts |
| Specialist supply chain & trade financing (up to 100%/90% of invoice) | Deposits NOT SDIC-insured |
| Competitive USD FD rates (up to 3.90% p.a.) | SGD FD min. SGD 250,000 — high barrier |
| No monthly fee, no minimum balance fee | Only SGD and USD — fewer currencies than ANEXT |
| Fully digital — account opening via MyInfo Business | No branches — everything is online |
| Multi-currency account for cross-border businesses | SGD savings rate (1.5%–1.6%) modest vs retail banks |
Assessment based on GLDB official product documentation, June 2026.
Verdict: Is Green Link Digital Bank Right for You?
GLDB is a genuinely useful bank — but only for the right type of business. Here’s how to decide.
Open a GLDB account if:
- You run an SME involved in import/export, manufacturing, or trading and need payables or receivables financing
- Your business holds USD and you want a competitive fixed deposit rate (3.90% p.a.)
- You regularly make cross-border payments and want to manage SGD and USD in one account
- You want a no-fee digital business current account to complement your existing banking relationships
Look elsewhere if:
- You need a personal savings account — GLDB cannot help you
- Your deposits need SDIC insurance — go to GXS Bank or MariBank for that protection
- You need to hold CNH, EUR, or other currencies — ANEXT Bank supports more currency pairs
- Your SGD surplus is under S$250,000 and you want a competitive fixed deposit rate — T-bills or Savings Bonds may suit better
For business owners who want to compare all their investment options — including ETFs and REITs for long-term wealth — our CPF investment strategy guide and Singapore Savings Bonds guide are good next reads. If you’re using a robo-advisor or brokerage, check our Endowus referral code or Syfe referral code and sign-up bonus for fee discounts.
Not financial advice. Always assess your business’s specific needs and risk tolerance before opening any bank account. Deposit protection status should be a key consideration for any business placing large sums.
