Funds Transfer Online

DBS now offers a new service for iBanking customers to send funds to overseas beneficiaries.

At your own convenience, you can now transfer money online in 3 simple steps to a Visa Card issued overseas and not worry about hidden fees and exchange rates.

Typically, funds will be successfully transferred within three working days. In some instances, depending on the country and issuer, your beneficiary Visa Card may even receive the funds almost immediately after a transaction is submitted. Should your beneficiary's issuer allow for real-time funds transfers, you will no doubt find that this is a convenient, low-cost and extremely efficient way to perform cross-border transfers from Singapore.

Click here for more information.

You can enquire on the transactions details of your DBS /POSB Singapore Dollar and Foreign Currency Accounts. You may enquire details based on selected date up to the past 2 months, as well as choose from five sorting preferences. The transaction history download function allows you to download your account details in Microsoft Excel format to your personal computer.

You can transfer money between your DBS /POSB Singapore Dollar and Foreign Currency Accounts. Your Cashline and Credit Card can also be used as a debiting account (cash advance interest fees will apply for use of credit card).

You can transfer money to another person's DBS /POSB Singapore Dollar and Foreign Currency Accounts. For Singapore Dollar Accounts, you may also set your transfer date up to 30 days in advance. Your credit card can also be used as a debiting account (cash advance and interest fee will apply). Your Cashline account can also be used to transfer funds to a 3rd party account and the prevailing interest rates will apply.

*Existing iBanking customers, click here to start transferring funds now!

*Not an iBanking customer yet? Click here to sign up now!

You can transfer money to another bank's account other than DBS or POSB. Your credit card can also be used as a debiting account (cash advance interest fee will apply). Your Cashline account can also be used to transfer funds to a 3rd party account and the prevailing interest rates will apply.

*Existing iBanking customers, click here to start transferring funds now!

*Not an iBanking customer yet? Click here to sign up now!

The default funds transfer limit for your own account and 3rd party account is $5,000 and funds transfer to Other Bank's Account is $1,000. You can manage your own daily transfer limits via the 3rd Party Funds Transfer and Interbank Funds Transfer services.

You may view the details/status of your future dated 1st Party, 3rd Party and Interbank funds transfers, and delete pending transfers.

*Existing iBanking customers, click here to set your postdated fund transfers now!

*Not an iBanking customer yet? Click here to sign up now!

You can set up standing instruction for FREE via iBanking. You may choose to transfer a fixed amount in S$ from your DBS or POSB savings or current account, to a designated crediting account on a regular basis (eg. weekly, monthly, quarterly). The designated crediting account may even be an account belonging to a third party with DBS, POSB or another bank.

With Online Overseas Funds Transfer, you can easily transfer funds across the globe anytime, anywhere via iBanking. Click here to find out more.