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Overseas Funds Transfer & Remit
At a Glance
Same-day transfers at $0 fees when you transfer money online to Australia, Canada, China, Eurozone countries, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Thailand, UK and USA.
And that's not all. You'll enjoy:
A fast, easy and safe way to move your money to over 150 countries in more than 20 currencies - anytime via digibank mobile app or iBanking, or at our branches.
Now you can set your preferred exchange rate, and DBS Remit will track and automatically transfer for you.
With the new FX watch feature, tell us what your preferred rate is, how much you want to send, and when you need to send the money by. Once your preferred rate is met, we'll transfer it automatically for you.
Inward Telegraphic Transfer
Inward Telegraphic Transfer (ITT) is a receipt of funds by SWIFT/Telex from an overseas party.
DBS Bank has a very extensive network of correspondent banks and overseas branches. As such, you can receive funds in various currencies from most parts of the world.
To receive funds from an overseas party, please provide them with the following details:
- Your name as per the records of DBS Bank
- Your DBS / POSB Bank account number
- Name of Beneficiary Bank: DBS Bank
- Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
- Country: Singapore
- SWIFT Address/ Code: DBSSSGSG
You can check your receipt of funds by checking account transaction history via iBanking or digibank Mobile App.
For crediting to a SGD or Foreign Currency Current Account – S$10 handling commission
For crediting to a Foreign Currency Fixed Deposit Account – Free