Inward Telegraphic Transfer (ITT) is a receipt of funds by SWIFT/Telex from an overseas party. DBS Bank has a very extensive network of correspondent banks and overseas branches. As such, you can receive funds in various currencies from most parts of the world.
To receive funds from an overseas party, please provide them with the following details:
To receive funds in USD from an overseas party, please provide the following details in addition to your name and account number:
Pay to: Bank of New York Mellon, New York (SWIFT address: IRVTUS3N) FED ABA: 021000018 For account of: DBS Bank Ltd, Singapore (SWIFT address: DBSSSGSG)
You can check your receipt of funds by checking account transaction history via iBanking or Mobile Banking.