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Go cashless with DBS Remit and stand to win a Tesla Model 3. What’s more, new customers will also get S$12 cashback welcome reward.
With DBS Remit, you can enjoy same-day transfers at S$0 fees to 50+ destinations from wherever you are on digibank mobile. It’s quick and worry-free. And with our tracking feature, you’ll know where your money is every step of the way!
More details on how to win a Tesla Model 3 and receive S$12 cashback welcome reward below.
S$12 Cashback Welcome Reward - Exclusive to new DBS Remit customers
New to DBS Remit? Receive S$12 cashback when you remit at least S$300 within the same calendar month.
Win a Tesla Model 3 - For all DBS Remit customers
From 3 January to 31 March 2023, earn chances to win a brand-new Tesla Model 3 in the DBS Cashless Lucky Draw1! All you have to do is go cash-free and transact digitally. Earn your lucky draw chances by making a DBS Remit2 transaction and gain 50 extra chances each calendar month when you make no cash withdrawals3 in the month.
Why remit with the World’s Best Digital Bank:
Send in 3 steps. Zero fuss.
Enjoy hassle-free transfers anytime, anywhere on digibank mobile.
- Tap Overseas Transfer
- Enter amount and recipient. (For new to DBS Remit customers, enter promo code NEWREMIT to enjoy $12 cashback welcome reward!)
- Review and Transfer Now
Need help adding an overseas funds transfer recipient? Follow this step-by-step guide.
New to POSB? Get started.
Simply download the digibank mobile app and sign up with MyInfo to get access to My Account, DBS Visa Debit Card and more.
For foreigners, please prepare these required documents to open an account.
Terms and conditions for S$12 cashback welcome reward
• Applicable to customers who have not performed any DBS Remit or online outward international fund transfer within the past 12 months.
Click here for full Terms & Conditions.
Terms and conditions for DBS Cashless Lucky Draw
1 DBS Cashless Lucky Draw campaign is valid from 3 January to 31 March 2023 (“Qualifying Period”). Only DBS/POSB customers who are at least 18 years of age, have a DBS/POSB Deposit, Current and/or Savings Account(s) or a user of DBS PayLah! application and have successfully registered for a wallet account in the application before or during the qualifying period are eligible to participate in this campaign.
2 An eligible DBS Remit transaction refers to when an Eligible Customer make a min. of S$200 or its equivalent in a single transaction using DBS Remit Service via digibank online or digibank mobile during the qualifying period.
3 Cash withdrawal refers to local withdrawal from any of the Eligible Customers’ DBS/POSB Current or Savings Account (‘CASA Account’) as well as Cashline accounts via DBS/POSB Self-Service Banking channels (eg. ATMs and CNY Pop-up ATMs) and over-the-counter at DBS/POSB Branches. Withdrawals via these channels with or without DBS/POSB Cards are also considered cash withdrawals. For avoidance of doubt, a cash withdrawal from a joint account at DBS/POSB Branches (with or without DBS/POSB Cards) will be considered as cash withdrawals for all joint account holders. Withdrawals from POSB Cash-Points are excluded.
For Full T&Cs, please visit DBS Cashless Lucky Draw.
Frequently Asked Questions
Is registration required? How do I take part in the DBS Remit Welcome Reward Promotion?
No registration is required. This promotion is open to customer who are using DBS Remit service (“DBS Remit”) via digibank online or digibank mobile for the first time and did not perform DBS Remit or online outward international fund transfer within the last 12-months. All you need to do is to enter promo code “NEWREMIT” and accumulate a min S$300 equivalent with DBS Remit within a Qualifying Period (as defined in Clause 5 of Promotion Terms and Conditions)
Illustration on where to enter promo code “NEWREMIT” on digibank mobile:
Will DBS Remit’s cut-off timing affect my Eligible Transactions?
No, it will be based on the DBS Remit transaction submission date. If the transaction with promo code “NEWREMIT” submission was done during the qualifying period, it will be counted as an eligible transaction.
|Qualifying Period||Eligible Transaction Submission Date, SGT|
|Qualifying Period 1||9 Jan – 31 Jan 2023, before 23:59|
|Qualifying Period 2||1 Feb – 28 Feb 2023, before 23:59|
|Qualifying Period 3||1 Mar – 31 Mar 2023, before 23:59|
|Qualifying Period 4||1 Apr – 30 Apr 2023, before 23:59|
|Qualifying Period 5||1 May – 31 May 2023, before 23:59|
|Qualifying Period 6||1 Jun – 30 Jun 2023, before 23:59|
When and which account will the S$12 cashback be credited into?
If New Remit Customer has fulfilled all the criteria under Clause 3 of Promotion Terms and Conditions, Reward will be credited into the bank account used by Eligible Customer to perform the first Eligible Transaction and Reward Credit Date for each Qualifying Period as below table:
|Qualifying Period||Reward Credit Date|
|Qualifying Period 1||By 31 Mar 2023|
|Qualifying Period 2||By 30 Apr 2023|
|Qualifying Period 3||By 31 May 2023|
|Qualifying Period 4||By 30 Jun 2023|
|Qualifying Period 5||By 31 Jul 2023|
|Qualifying Period 6||By 31 Aug 2023|
Am I able to combine Eligible Transactions across different Qualifying Periods?
No, Eligible Transaction must be accumulated within the same Qualifying Period. Below are four scenarios to illustrate if customer fulfils the criteria under Clauses 3 and 5 of Promotion Terms and Conditions:
|Eligible Transaction Date, SGT||Amount||Promo Code Used||Eligible for Reward?|
|Customer A||9 Jan 2023, 00:01||S$100||-||Eligible, a S$12 cashback will be credited by 31 Mar 2023 as an accumulated DBS Remit transaction of S$300 is performed within Qualifying Period 1 (9 Jan – 31 Jan 2023, before 23:59).|
|18 Jan 2023, 15:00||S$100||NEWREMIT|
|31 Jan 2023, 23:59||S$100||-|
|Customer B||18 Feb 2023, 10:00||S$300||NEWREMIT||Eligible, a S$12 cashback will be credited by 30 Apr 2023|
|Customer C||18 Jan 2023, 15:00||S$100||NEWREMIT||Not eligible for cashback as transactions are made across different Qualifying Periods.|
|30 Jan 2023, 12:00||S$100||NEWREMIT|
|1 Feb 2023, 00:01||S$300||NEWREMIT|
|Customer D||9 Jan 2023, 00:01||S$300||-||Not eligible for cashback as the promo code “NEWREMIT” was not used.|
|18 Jan 2023, 15:00||S$300||-|
|31 Jan 2023, 23:59||S$300||-|
If I intend to make 3X DBS Remit transactions of S$100 in the Qualifying Period, do I need to input the promo code “NEWREMIT” for each transaction?
To qualify, you must enter promo code “NEWREMIT” for at least one of the Eligible Transactions within the Qualifying Period. Illustration on where to enter promo code on digibank mobile:
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