Timing and Limits for Overseas Funds Transfer

Overseas Funds Transfer will generally be completed within 2 to 4 working days. With DBS Remit, you can now perform same day transfers to selected markets within the cut-off times.

Banking Part of: Guides > Guide to digibank Online

Important information

  • Overseas funds transfer received over the weekend or public holiday of the receiving bank will only be credited on the next business day.
DBS Remit
Markets Cut off time for same-day online transfers Transfer Limit* Locked-in FX rates Preferential FX rates (with transfers of S$50,000 or more) Transfer fee
New Zealand (in NZD) 10.00AM S$500,000* Daily Yes Yes No Charge Free
Japan (in JPY) 10.30AM S$500,000* Daily
Thailand (in THB) 11:30AM S$500,000* Daily
Australia (in AUD) 12:00PM S$500,000* Daily
Vietnam (in VND) 2:30PM S$500,000* Daily
Hong Kong (in HKD) 4:30PM S$500,000* Daily
India (in INR) 4:30PM S$500,000* Daily
Canada (in CAD) 5:00PM S$500,000* Daily
United Kingdom (in GBP) 5:00PM S$500,000* Daily
United States (in USD) 5:00PM S$500,000* Daily
Eurozone (in EUR) 5:00PM S$500,000* Daily
Philippines (in PHP) 2:00PM S$500,000* Daily No
Indonesia (in IDR) 2:00PM S$500,000* Daily
Mainland China (in CNY) 3:00PM S$500,000* Daily No
Malaysia (in MYR) 2:30PM S$500,000* Daily
Myanmar (in MMK) 12:00PM S$500,000* Daily Yes
Branch and Online Transfers to Other Markets
Transfer Time Transfer Limit
Recipient will generally receive funds within 2 to 4 working days. S$500,000* Daily

More information

  • *You can increase your overseas transfer limit to S$500,000, click here to find out how. This increase is valid for one transfer only and will decrease to S$200,000 once the funds have been successfully transferred.
  • Applications can be submitted 24/7 but those outside the cut-off times or on Public Holidays will be sent on the next business day. The full remittance amount may still be earmarked for applications submitted outside the cut-off times or on Public Holidays.
  • FX rates for all transfers are locked in 24/7 except for:
    • Transfers via CNY and MYR Remit. Rates for these currencies are confirmed only within cut-off times above
    • Transfers of BHD, HUF, KRW, MUR, PLN, QAR, TWD and MMK. Rates for these currencies are confirmed if the application is received from 9.25am to 5.00pm on working days only.

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