> For the complete documentation index, see [llms.txt](https://guide.redeem.gov.sg/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://guide.redeem.gov.sg/phase-2-before-starting-out/setting-up-a-bank-account/opening-a-dbs-bank-account.md).
# Opening a bank account
As a general guideline, all ministries will require Accountant-General’s Department (AGD) to either create a new imprest bank account or to update the purpose of an existing imprest bank account. For Statutory Boards, you do not need AGD approval if your project is self-funded. We recommend that agencies reach out to the Accountant-General’s Department (AGD) team to seek advice on whether approval is required if unclear.
If you do not require AGD approval, please move on to the next page: [Set up with DBS](/phase-2-before-starting-out/setting-up-a-bank-account/set-up-with-dbs.md)
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## Opening an Imprest Bank Account
If your agency requires approval from AGD to create a new bank account, please refer to the following steps.
Step 1: Submit AGD application forms
You may write in an email to , , , to obtain the relevant application forms.
Step 2: Get approval from AGD for above
Await approval from AGD once you have submitted the form.
Step 3: Get Director of Finance (DOF) to endorse the letter
Once you have approval from AGD, you may reach out to DBS to set-up your own bank account. DBS will provide you with a Letter to open a current account, that should be endorsed by your DOF.
Once above steps are completed, you may move on to the next page on setting up with DBS.
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## Using an existing Imprest Bank Account
If your agency requires approval from AGD to use an existing imprest bank account, please refer to the following steps.
Step 1: Update the purpose of the bank account
Step 2: Increase the imprest limit of the bank account (if required)
Once above steps are completed, you may move on to the next page on setting up with DBS.