How do I make account transfers?

Make your account transfers through DBS IDEAL , our online banking platform, to take advantage of our faster and cheaper service and extended cut-off time.

Which account can I transfer money to?

You may transfer funds in any currency to your DBS or POSB Current or Savings Account.

What information do I need for the transfer?

Provide the beneficiary’s name and account number. Ensure the details are accurate and complete to guarantee a fast, error-free payment. Learn more about Singapore bank, branch and transaction codes .

Quick, Same-Day Account Transfer Between DBS & POSB

Account transfer

Same-day transfer between DBS and POSB

Account transfer

Same-day transfer between DBS and POSB

At a Glance

Move money between DBS and POSB accounts quickly and easily.

Same-day transfer

Complete same-day transfers, even on Saturdays

Any currency

Transfer money in 13 currencies

Anytime

Leverage our network for faster, cheaper payments anytime

Features & Benefits

Complete same-day transfers:

Even on Saturdays

Transfer in 13 currencies:

SGD, USD, AUD, CAD, EUR, HKD, JPY, NZD, NOK, GBP, SEK, CHF, and THB

Faster, cheaper payments:

Leverage DBS’ large account base

How it Works

How to Apply

Arrange for our Relationship Manager to call you.

Call us on 1800 222 2200 or +65 6222 2200 (from overseas).

Not a DBS SME Banking customer?
Apply online now. Enjoy free DBS IDEAL access and fee waivers. T&Cs apply

Download PDF

Account Transfer Factsheet

Account Statements & Transaction Advice Factsheet

Cash Pricing Guide

IDEAL Cut-off Time

Singapore bank, branch and transaction codes

FAQs

	How do I make account transfers?
	Make your account transfers through DBS IDEAL, our online banking platform, to take advantage of our faster and cheaper service and extended cut-off time.

	Which account can I transfer money to?
	You may transfer funds in any currency to your DBS or POSB Current or Savings Account.

	What information do I need for the transfer?
	Provide the beneficiary’s name and account number. Ensure the details are accurate and complete to guarantee a fast, error-free payment. Learn more about Singapore bank, branch and transaction codes.