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International Transfers

Save more when you send money overseas online!

International Transfers

A fast, easy and a safe way to move your money to over 150 countries in more than 20 currencies - anytime via mBanking or iBanking, or at our branches.

Product Details

Fast transfer to any bank in India, Philippines, Indonesia, Hong Kong within the same day.

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Features:

  • Over 150 countries in more than 20 currencies
  • Lowest service fee in the market
  • Next-day funds delivery in most cases
  • Transfer up to SGD 100,000 per day on your mobile phone or online
  • Store your Payees and avoid repeated input
  • Receive SMS updates on the status of your transactions
  • Transactions backed by Money Safe guarantee

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Charges

 

Branch

Internet Banking

Cable/telex charges

$20

$20

Handling Commission

1/8% of S$ equivalent of remittance amount, subject to minimum of S$10 and maximum of S$120

S$5 for debiting amount equal to or below S$5000; S$10 for debiting amount equal to or below S$25000 and S$35 for all other amounts.

Agent Bank Charges

Where applicable

Where applicable

Cancellation/Stop Payment

S$15 per transaction

S$15 per transaction

Amendment fee

S$10 per transaction

S$10 per transaction

Tracer

S$20 per transaction

S$20 per transaction

Terms and conditions apply.

With POSB iBanking or mBanking, you can send funds almost instantly from your account to any one with an overseas Visa Card.

  • Convenient: 24/7 access through iBanking or mBanking.
  • Simplicity: Just 3 steps to send money, you only require your recipient’s full name and Visa Card number.
  • Speed and efficiency: Transfers are near real-time, to over 200 million Visa Cards worldwide1.
  • Enhanced security: All transactions are backed by DBS Money Safe Guarantee.
  • Affordability: Service fees as low as S$5.00 per transaction.

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1Near real-time receipt of funds is available to over 400 overseas card issuers covering more than 200 million Visa Cards. Other card issuers will take 1 to 3 working days to receive the funds

  • Send funds from your existing DBS/POSB MasterCard or from your DBS/POSB bank account linked to your iBanking account.
  • Convenience: Send money online anytime, anywhere with Mobile MasterCard® MoneySend™.

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