Incoming Funds

Telegraphic Transfers

Receive international payments in a wide range of currencies quickly

Receive international payments in a wide range of currencies quickly and conveniently with DBS incoming Telegraphic Transfers. You can also leverage our competitive exchange rates as you convert to SGD, and better manage your cash flow with timely eReports from IDEAL™.

 

Why choose DBS Telegraphic Transfers?

  • Access your funds quickly. Telegraphic transfers are the fastest way to receive money from overseas
  • Receive payments in all major and most exotic currencies from all over the world through our extensive network of correspondent banks and overseas branches
  • Benefit from our competitive exchange rates
  • Stay informed with IDEAL™ eReports, our instant SMS and email alerts that notify you when the funds have reached your account

FAQs

How quickly will I receive incoming payments?

As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day. However, please note that some exotic currencies may take a longer time before receipt.

What information will my remitting party require to pay me via Telegraphic Transfer?

Your remitting party will require the following information:

  • Beneficiary name: Your company name as registered with DBS
  • Beneficiary's account number: The number of the account in which you would like to receive the funds
  • Bank Name: DBS Bank Ltd Singapore
  • DBS SWIFT Bank Identifier Code (BIC): DBSSSGSG
Who are DBS Agent Banks?

We use different agent banks depending on the currency. Below is a list of our agent banks:

 

No.

CCY

Agent Bank Name

SWIFT BIC Code

1.

AED

National Bank of Abu Dhabi, Abu Dhabi

NBADAEAA

2.

AUDCommonwealth Bank of Australia, SydneyCTBAAU2S

3.

BNDStandard Chartered Bank, BruneiSCBLBNBB

4.

CADRoyal Bank of Canada, TorontoROYCCAT2

5.

CHFUBS AG, ZurichUBSWCHZH80A

6.

CNHDBS BANK (CHINA) LIMITED, SHANGHAIDBSSCNSHXXX

7.

DKKNordea Bank Danmark A/S, CopenhagenNDEADKKK

8.

EURBarclays Bank Ireland FrankfurtBARCDEFF

9.

GBPRoyal Bank of Scotland, LondonRBOSGB2L

10.

HKDDBS Bank (HK) LtdDHBKHKHH

11.

IDRPT Bank DBS IndonesiaDBSBIDJA

12.

JPYThe Sumitomo Mitsui Banking Corporation, TokyoSMBCJPJT

13.

NZDASB Bank Ltd., AucklandASBBNZ2A

14.

NOKDen Norske Bank, OsloDNBANOKK

15.

SEKNordea Bank Sweden AB (PUBL), StockholmNDEASESS

16.

THBThai Military Bank PCL, BangkokTMBKTHBK

17.

USDJPMorgan Chase Bank, N.A.CHASUS33

18.

ZARStandard Bank of South Africa Ltd., JohannesburgSBZAZAJJ
The remitting party has requested for my International Bank Account Number (IBAN) number. What is this?

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 know my account has been credited?

We’ll send you an email or SMS alert via IDEAL™eReports when the funds have reached your account. Alternatively, you can check your transaction history online to see if the money has been credited.

Get In Touch

DBS BusinessCare 1800 222 2200

Get In Touch

DBS BusinessCare 1800 222 2200

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