Reasons for Delayed Overseas Funds Transfer
Find out what are the possible reasons your overseas funds transfer is delayed.
Part of: Guides > Your Guide to Overseas Funds Transfer
Important information
- We move your money during business days in Singapore. However, things may take a little longer if the location you’re sending to has a national holiday. Do check out from time to time.
- Occasional delays or unforeseen service disruptions caused by payment processing partners, beneficiary banks, or system maintenance may result in delays or cancellations of your fund transfers.
- DBS Remit to Malaysia: Any remittance made on Malaysia, Singapore or United States holidays will be processed on the next working day.
Cut-off time and/or Public Holidays
- For locations where DBS Remit is available, there is a daily cut-off time. Do ensure that your DBS Remit is sent before the cut-off time so that the transaction is processed on the same working day.
- If your transaction is submitted before a weekend or on a public holiday in the sending or receiving destination, the transaction will be processed on the next working day instead. Refer to the table below for the next available working day.
Upcoming Remittance Delays
Location Cut-Off Date Next Processing Day Japan 18 Sep 2026 24 Sep 2026 Korea 23 Sep 2026 28 Sep 2026 China 24 Sep 2026 28 Sep 2026 Canada 29 Sep 2026 01 Oct 2026 China 30 Sep 2026 08 Oct 2026
Transfers to CNY bank accounts will only be processed on 8 Oct. Same-day transfers to Alipay & Weixin (Wechat) remain available during this period.Hong Kong 30 Sep 2026 02 Oct 2026 India 01 Oct 2026 05 Oct 2026 Australia,
Korea02 Oct 2026 06 Oct 2026 Korea 08 Oct 2026 12 Oct 2026 Canada,
Japan,
United States09 Oct 2026 13 Oct 2026 Thailand 12 Oct 2026 14 Oct 2026 Hong Kong 16 Oct 2026 20 Oct 2026 India 19 Oct 2026 21 Oct 2026 Bangladesh 20 Oct 2026 22 Oct 2026 Thailand 22 Oct 2026 26 Oct 2026 Myanmar 23 Oct 2026 28 Oct 2026 New Zealand 23 Oct 2026 27 Oct 2026 Philippines 30 Oct 2026 03 Nov 2026
Country Specific Arrangement
- View more details on your transfers to specific countries.
Inaccurate or Missing Information
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Providing incorrect instructions in your overseas transfer may lead to financial losses for you and/or your beneficiary. To avoid this, always ensure the following:
- Accurate recipient information
- Use the recipient’s full name as per their bank records. Avoid nicknames or abbreviations. To update Recipients’ names, refer to 3 Steps to Ensure Accurate Recipient Name.
- Provide the recipient’s full postal address, ensuring no missing or extra letters and digits.
- Correct Currency and Payment Details
- Confirm the transfer amount is in the desired currency.
- Select the Purpose of Payments (for selected countries)
- Accurate recipient information
- No amendments can be made to DBS Remit Corridors. Ensure all recipient details match the recipient bank’s records before completing your online transfer.
Mandatory Regulatory Checks
- Additional checks for anti-fraud or anti-money laundering purpose may cause processing delays. In most cases, it is not expected of the beneficiary and/or agent bank to share the reason for the checks or delays.
- In such situations, you may be asked to provide additional information if the transfer is intended for the said recipient.
- In line with regulatory guidelines, we may reach out to you for remittances that are submitted without Recipients’ full names as per their bank’s records to request for clarification or official proof of identity i.e. ACRA business registration details, invoice references, or national identity documents is provided. Transactions may be cancelled if required information is not provided within 24 hours of request.
- Please note that any incomplete transfer request will be cancelled to minimise your risk if the requested documentation is not provided within 24hrs.
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