At a Glance
DBS Remit
$0 transfer fees1, same-day transfer2 and competitive rates to 50+ destinations3.
Outward Telegraphic Transfer (OTT)
Regular overseas funds transfer online to 200+ destinations4.
1 Applicable for selected countries for DBS Remit.
2 Overseas funds transfers via DBS Remit submitted before the cut-off timing on a business day will be sent out by DBS on the same day. Overseas funds transfers submitted on weekends or public holidays of Singapore or the destination country are sent out the next business day.
3 An inward remittance fee may be applied by Agent bank of the recipient.
4 Cable charges and handling commission fees apply. Agent bank charges may also apply.
No matter where you need to send your money to, make it a smooth journey with DBS Remit or Outward Telegraphic Transfer.
Quick links to get you started:
Better rates. Zero fees.
DBS Remit gives you competitive, locked-in rates with no transfer fee, so there’s no unpleasant surprises. For a limited time only, enjoy further discounts on larger transactions for selected currencies.
You’ll even enjoy preferential rates when you send SGD50,000 or more.
Rates shown below are indicative. Click on ‘Try now’ to view the actual rates on digibank.
Promotions and New Features
New to digibank? Register here and get started on your overseas transfers.
Track your funds. With zero anxiety.
Keep track of your transfer status on the digibank app so you know exactly where it is. You’ll be automatically alerted when it reaches your recipient, and if your transfer is unsuccessful.
- Track your payment status5
- Receive status updates6 via push notifications
- Get further details on completed or unsuccessful transfers via digibank app.
- Keep recipients informed and share payment details via WhatsApp
Footnotes:
5 Available for all DBS Remit transfers to Australia, Hong Kong, India, Japan, UAE, UK and US.
DBS Remit can also be tracked for:
- IDR transfers to DBS Indonesia accounts
- CNY transfers to DBS China accounts
- VND transfers to DBS Vietnam accounts
6 The transaction status displayed is based on information provided to DBS by the agent and recipient banks in its network. This information is provided on a best-efforts basis and may be subject to changes beyond DBS’ control. Click here to find out more about the various status in Remit Tracker.
Follow this checklist before you transfer. Scroll down to learn more about Outward Telegraphic Transfer (OTT).
Outward Telegraphic Transfer (OTT)
Regular overseas funds transfer online.
Transfers to 200+ locations.
Takes 2-4 working days.
Need to transfer a different currency to your transfer destination? (e.g sending USD instead of AUD to Australia).
Or are you looking to send money to locations where DBS Remit is currently unavailable?
Fret not – you may use our regular overseas fund transfer service via Outward Telegraphic Transfer (OTT)7. It’s just as easy.
7 Cable charges and handling commission fees apply. Agent bank charges may also apply.
When to use OTT
- If you’re transferring funds to our eligible locations, but NOT in their local currency.
- When
or a 
icon is not showing on your transfer page/screen.
| OTT Charges | |
|---|---|
| Cable/Telex Charges | $20 |
| Handling Commission |
|
| Agent Bank Charges | Where applicable |
New to digibank? Register here and get started on your overseas transfers.
Important information
- We move your money during business days in Singapore. However, things may take a little longer if the location you’re sending to has a national holiday. Do check out from time to time.
- Occasional delays or unforeseen service disruptions caused by payment processing partners, beneficiary banks, or system maintenance may result in delays or cancellations of your fund transfers.
- For more information, please refer to Terms and Conditions governing Telegraphic Transfers.
What else do you need to know?
- Cut-off timings for same-day transfer for different locations
- How to set up recurring transfers
- Take note of country-specific information
- Plan ahead with our holiday schedule
- Learn more about our overseas funds transfer fees and charges
- Find out what are the possible reasons for delayed overseas funds transfer
Download DBS digibank now
When it comes to banking the way you live, digibank is the only app you’ll need to save, plan and invest your money on the go. Intelligent, secure and intuitive, it’s the best way to bank whenever you want, from wherever you are.
Don’t have the app? Get it now.
Download digibank app
Get more Benefits
Remit & win tickets to the USA!
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Remit & win round-trip tickets to your dream city in the USA! T&Cs apply. |
