Receive international payments in a wide range of currencies
Receive international payments quickly and conveniently with DBS incoming Telegraphic Transfers. Through this service, you can receive payments in a wide range of currencies from all over the world.
Why choose DBS Telegraphic Transfers?
As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day. However, please note some exotic currencies take longer.
Your remitting party will require the following information:
We use different agent banks depending on the currency. Below is a list of our agent banks:
Agent Bank Name
SWIFT BIC Code
National Bank of Abu Dhabi, Abu Dhabi
|AUD||Commonwealth Bank of Australia, Sydney||CTBAAU2S|
|BND||Standard Chartered Bank, Brunei||SCBLBNBB|
|CAD||Royal Bank of Canada, Toronto||ROYCCAT2|
|CHF||UBS AG, Zurich||UBSWCHZH80A|
|CNH||Industrial and Commercial Bank of China, Singapore||ICBKSGSGCLR|
|DKK||Nordea Bank Danmark A/S, Copenhagen||NDEADKKK|
|EUR||Barclays Bank PLC, London||BARCGB22|
|GBP||Royal Bank of Scotland, London||RBOSGB2L|
|HKD||DBS Bank (HK) Ltd||DHBKHKHH|
|IDR||PT Bank DBS Indonesia||DBSBIDJA|
|JPY||The Sumitomo Mitsui Banking Corporation, Tokyo||SMBCJPJT|
|NZD||ASB Bank Ltd., Auckland||ASBBNZ2A|
|NOK||Den Norske Bank, Oslo||DNBANOKK|
|SEK||Nordea Bank Sweden AB (PUBL), Stockholm||NDEASESS|
|THB||Thai Military Bank PCL, Bangkok||TMBKTHBK|
|USD||The Bank of New York Mellon, New York||IRVTUS3N|
|ZAR||Standard Bank of South Africa Ltd., Johannesburg||SBZAZAJJ|
You are not required to provide an IBAN number for payment to your DBS account, as this is generally needed only for payments to Europe. Simply provide the information specified above.
How do I apply?
Submit your application through IDEAL™, our online banking platform, for faster processing and an extended cut-off time. Alternatively, you may submit your applications via fax (if you enjoy fax indemnity arrangement) or at any of our branches.
Not a DBS SME Banking customer? Enjoy IDEALTM set-up and monthly fee waivers* by starting your DBS Business Account application online. This service is available to Sole Proprietorships, Partnerships, Limited Liability Partnerships and Private/Limited Companies.
*Terms & Conditions apply
Transition Systems Pte Ltd