DBS Foreign Exchange

DBS Foreign ExchangeDBS Foreign Exchange

As the leading bank in Asia, DBS is delighted to bring you a suite of comprehensive foreign currency products and services that will help you get the most out of your money.

Preferential Exchange Rates
We understand that you are constantly seeking competitive rates for your foreign currency banking needs. That’s why we’re offering you Preferential Exchange Rates when you convert amounts of at least S$50,000 equivalent or more into currencies like USD, EUR, GBP, AUD and other selected currencies.

Access to a suite of Foreign Currency Products and Services
Whether you’re looking to place your money in deposits or to remit funds overseas, DBS offers a comprehensive suite of products and services with competitive rates to address those needs:

  • Foreign Currency Deposits Account
    Enjoy potentially better interest rates when you place your funds in our Foreign Currency Deposits Account.
     
  • Telegraphic Transfer
    Make use of our Telegraphic Transfer services to send payment to an overseas party by SWIFT/Telex.
     
  • Demand Draft
    You may choose to send money overseas by demand drafts through any of our overseas agent banks.
    A demand draft is a written order issued by DBS to our overseas agent banks who will, upon clearance, then pay the stated amount to the named beneficiary present in the corresponding country. The payment amount can be either in the corresponding country’s currency or in Singapore Dollars.

Take your money further with DBS Foreign Currency Products and Services. To find out more, speak to our staff at any DBS branch.

Important Notice
Terms and conditions apply. This is intended for general information only and does not constitute an offer, an invitation or a recommendation to enter into any transaction.
Conversion between currencies involves exchange rates which are subject to fluctuations. In addition, foreign exchange controls may be imposed on certain currencies from time to time.
If you are converting funds from one currency to another currency when you apply for any of the Foreign Currency Products and Services, you may receive less than the original amount upon conversion of such funds back to the original currency.
Foreign currency deposits are not insured by the Singapore Deposit Insurance Corporation.