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International Money Transfers
Zero-fee same-day transfer with tracking, so you know when it's there.
International Money Transfers
At a Glance
DBS Remit
$0 transfer fees, same-day transfer and competitive rates to 50+ destinations1.
Outward Telegraphic Transfer (OTT)
Regular overseas funds transfer online to 200+ destinations2.
1 An inward remittance fee may be applied by Agent bank of the recipient.
2 Cable and handling charges apply. Agent bank charges may also apply.
No matter where you need to send your money to, make it a smooth journey with DBS Remit or Outward Telegraphic Transfer.
Quick links to get you started:
Better rates. Zero fees.
DBS Remit gives you competitive, locked-in rates with no transfer fee, so there’s no unpleasant surprises. You’ll even enjoy preferential rates when you send SGD50,000 or more.
Rates shown below are indicative. Click on ‘Try now’ to view the actual rates on digibank.
Promotions and New Features
DBS Remit
$0 transfer fees.
Same-day overseas transfers.
Zero anxiety with real-time tracking on transfers3.
DBS Remit makes overseas transfers effortless and stressless. Just 3 taps and you’re done. You’ll even enjoy preferential rates when you send SGD50,000 or more.
Send 19 currencies securely within the same day to 50+ destinations:
Send in 3 steps. Zero fuss.
Remit in 3 steps. Zero fuss.
Save time anytime with hassle-free sending:
Save time anytime with hassle-free sending:
Step 1
Tap Overseas Transfer
Step 2
Enter amount and recipient
Step 3
Review and Send
New to digibank? Register here and get started on your overseas transfers.
What else do I need to know?
- Cut-off timings for same-day transfer for different locations
- How to set up recurring transfers
- Take note of country-specific information
- Plan ahead with our holiday schedule
- Learn more about our Overseas Funds Transfer Fees and Charges
Track your funds. With zero anxiety.
Keep track of your transfer status on the digibank app so you know exactly where it is. You’ll be automatically alerted when it reaches your recipient, and if your transfer is unsuccessful.
- Track your payment status3
- Receive status updates4 via push notifications
- Get further details on completed or unsuccessful transfers via digibank app.
- Keep recipients informed and share payment details via WhatsApp
Footnotes:
3 Available for all DBS Remit transfers to Australia, Hong Kong, India, Japan, UAE, UK and US.
DBS Remit can also be tracked for:
- IDR transfers to DBS Indonesia accounts
- CNY transfers to DBS China accounts
- VND transfers to DBS Vietnam accounts
4 The transaction status displayed is based on information provided to DBS by the agent and recipient banks in its network. This information is provided on a best-efforts basis and may be subject to changes beyond DBS’ control. Click here to find out more about the various status in Remit Tracker.
Follow this checklist before you transfer. Scroll down to learn more about Outward Telegraphic Transfer (OTT).
Outward Telegraphic Transfer (OTT)
Regular overseas funds transfer online.
Transfers to 200+ locations.
Takes 2-4 working days.
Need to transfer a different currency to your transfer destination? (e.g sending USD instead of AUD to Australia).
Or are you looking to send money to locations where DBS Remit is currently unavailable?
Fret not – you may use our regular overseas fund transfer service via Outward Telegraphic Transfer (OTT)*. It’s just as easy.
*Cable and handling charges apply. Agent bank charges may also apply.
When to use OTT
- If you’re transferring funds to our eligible locations, but NOT in their local currency.
- When
or a 
icon is not showing on your transfer page/screen.
| OTT Charges | |
|---|---|
| Cable/Telex Charges | $20 |
| Handling Commission |
|
| Agent Bank Charges | Where applicable |
New to digibank? Register here and get started on your overseas transfers.
Download POSB digibank now
When it comes to banking the way you live, digibank is the only app you’ll need to save, plan and invest your money on the go. Intelligent, secure and intuitive, it’s the best way to bank whenever you want, from wherever you are.
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