Local Funds Transfer (MEPS)

Overview

This service allows you to make a same day* inter-bank transfer. Visit any of our DBS or POSB branches and request for MEPS.

MEPS (MAS Electronic Payment System) is an online Singapore Dollar (SGD) inter-bank payment and settlement system, which allows instantaneous and irrevocable transfer of funds and securities. It is the fastest way of remitting SGD funds in Singapore.

* Same day transfers will be effected only if the application is submitted before the cut-off time 2pm on weekdays, failing which the transfer will be effected on the next working day.

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