Transfer Funds to Other DBS/POSB Account

Transfer funds easily to another DBS/POSB account via digibank or our DBS/POSB ATM.

Part of: Guides > Your Guide to digibank


Important information

  • Always check and ensure that you’re entering the correct account number.
  • The recipient's name you enter only serves as reference for you.
  • The transfer of funds is processed based on the account number (not recipient’s name) provided.

How to Transfer Funds to Other DBS/POSB Account

There are various channels which you may Transfer Funds to Other DBS/POSB Account with us. The most convenient method would be via digibank mobile.

digibank mobile
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Step 1
Log in to digibank mobile with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Under Home, click on Pay & Transfer.
3
Step 3
Select Local Fund Transfer.
4
Step 4
Select the Recipient you wish to transfer to.
(You may learn how to Add a Local Recipient.)
5
Step 5
Select the Fund Source you wish to transfer from and enter the Amount you wish to transfer. Tap Next.
6
Step 6
Review the details and tap Transfer Now to complete the transfer.
7
Step 7
Your transfer to other DBS/POSB account is completed.
Get the latest POSB digibank mobile app now!
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1
Step 1
Log in to digibank online with your User ID & PIN.
2
Step 2
Complete the Authentication Process.
3
Step 3
Under Transfer, click on To Other DBS or POSB Account.
4
Step 4
Select the Recipient you wish to transfer to.
(Learn more about how to Add a Local Recipient)
5
Step 5
Select the Account you wish to transfer from, select the Currency and enter the Amount you wish to transfer.
Add Comments for the recipient if you wish to and click Next.
6
Step 6
Review the details and click Submit to complete the transfer.
7
Step 7
Your transfer to other DBS/POSB account is completed.
  • Insert your ATM/Debit Card and key in your PIN.
  • Press Button for More Services.
  • Press Button for "Funds Transfer/Fixed Deposit".
  • Select the Account Type to Debit.
  • Select the Account Type to Credit.
  • Select TO ANOTHER ACCOUNT.
  • Indicate the Account Number you wish to transfer to.
  • Enter the amount.
  • Verify the Details of the Transaction and press Confirm.

Find the nearest ATM using our Locator.
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