Domestic Funds Transfers
Transfer SGD swiftly to other banks in Singapore
Transfer money quickly through the MAS Electronic Payment System (MEPS), which is a local electronic inter-bank payment and settlement system.
Why choose DBS MAS Electronic Payment System?
Most banks in Singapore are able to receive payments via MEPS. Please visit the Monetary Authority of Singapore website for a complete list .
In order to send a MEPS payment, you need to provide the beneficiary’s name, account number and bank’s SWIFT Bank Identifier Code (BIC).
How do I apply?
Simply call us at 1800 222 2200, or +65 6222 2200 if you are calling from overseas to apply. Alternatively, please speak with your relationship manager.
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