iBanking Privileges

iBanking Privileges

Rated Best Consumer Internet Bank by Global Finance for 2007 & 2008 with more than 110 services, POSB iBanking provides you total convenience to enjoy the freedom of banking on-the-go! Check out the privileges offered to our iBanking customers.

Preferential Rates

Banking Services POSB iBanking
DBS/POSB Branches Other Banks1
Send Cheque FREE N.A N.A
Cashier's order FREE S$5 Ranging from S$5 to S$10
Standing instructions FREE S$10 From S$10 onwards
Demand Draft Min S$5 or 1/8% of S$ equivalent of remittance amount. Max S$120. Min S$10 or 1/8% of S$ equivalent of remittance amount2. Max S$120. Min S$10 or 1/8% of S$ equivalent of remittance amount. Max S$200.
Remittance (Outward Telegraphic Transfer) S$5 handling commission for amounts S$5,000 and below. Min S$10 or 1/8% of S$ equivalent of remittance amount3. Max S$120. Min S$20 or 1/8% of S$ equivalent of remittance amount. Max S$200.

1 Comparison based on other major local banks' rates. Information correct as at May 2014.
2 Excluding postage charges of $2.50 (for local delivery) or $4 (for overseas addresses).
3 Cable/Telex charges apply.


Banking Services DBS Vickers Online
(via iBanking)
Other Brokerages
Trading Real-time cash top-up from DBS/POSB bank accounts to DBS Vickers online trading account for cash upfront trading No real-time linkage between bank account and trading account to facilitate cash upfront trading
0.18% or minimum S$181 Average of 0.275%2 or minimum S$25

1 For all cash upfront trades (Singapore market only).
2 For online cash trades in Singapore market by other major local brokerages. Information correct as at May 2014.


View up to 36 months of your accumulated past statements via iBanking!

Start paperless banking with eStatements now! The fast and easy way to access your statements for Cards, Cashline and Deposit accounts anytime, anywhere via iBanking. Now you can enjoy the convenience of viewing up to 36 months of your accumulated past statements*.

What's more, this service is offered to you free of charge!

All you need to do is sign up for iBanking and provide an email address and you can start viewing your eStatements!

* From November 2010 or from date of enrolment, whichever is later.

Learn More


Next Steps
  • Apply
  • Phone: 1800 1NoSkype11 1111
NEXT STEPS