DBS RAPID (Real-time API by DBS) is a digital solution that can be integrated into our corporate customers’ systems or platforms to facilitate banking transactions and services in real-time. The banking services offered via APIs include, but are not limited to, bank account verification, real-time payments & collections, and direct debit authorisation etc.

API stands for Application Programming Interface. It is an easy way for two different systems to communicate with each other. With DBS RAPID, our customers can seamlessly integrate DBS’ banking services into their systems or platforms for their banking needs.

How long does it take to set up DBS RAPID?

It typically takes between four to six weeks from inception to Go-Live to set up DBS RAPID. The time it takes is largely dependent on the readiness of the company to consume the DBS’ APIs.

What kind of format does DBS RAPID use?

DBS RAPID uses REST API with JSON format & PGP implementation, which is a widely adopted industry standard, making DBS RAPID easy to implement and integrate.

How do I get started on DBS RAPID?

Contact your Relationship Manager, or DBS BusinessCare by calling 1800 222 2200 or +65 6222 2200 if you are calling from overseas. We are available Monday to Friday (excluding public holidays), between 8.30am and 8.30pm. You can also email us here.

At a glance

DBS RAPID is a digital solution that leverages DBS’ application programming interface (API) capabilities.

DBS RAPID facilitates business transactions within your ecosystem by integrating real-time processing of payments, receivables and information enquiries into your business workflows.

It is an effective way of leapfrogging legacy platforms and technologies that not only drives efficiency and cost savings for our clients, but also significantly enhances the customer experience.

DBS offers nearly 180 types of highly-modular APIs that can be combined to suit varying client needs.

We have worked with many clients to co-create API-driven solutions that give them a competitive edge.

Benefits

Optimise workflows

Gain workflow efficiencies with straight-through processing and real-time account information feeds and transactional capabilities.

Increase productivity

Speed up your processes with end-to-end real-time transactions without the need for batch based, end-of-day processing.

Improve connectivity

Enhance the power of ecosystems through collaboration, integration and transactional capabilities across multiple systems.

Highly customisable

DBS RAPID’s modular nature enables APIs to be combined in different ways to meet the needs of various industries, including Airlines, eCommerce, Food & Beverage, Healthcare, Insurance, Logistics, Manufacturing and Real Estate.

How it Works

Instant Payment

Build trust and enhance customer experience by offering an instant funds transfer setup on your online platform.

Direct Debit Authorisation

Deliver seamless customer experience and improve your cash flow by offering an instant direct debit authorisation setup on your platform

FX Enquiry

Simplify funds purchase for your customers through Fx rates enquiry API.

Case studies

Betting on API Connectivity

[NEW] An esteemed panel came together to discuss how businesses have accelerated their digital transformation and how the adoption of APIs is transforming the corporate treasury function.

Powered by DBS RAPID, this digital payment solution for ride-hailing companies lets drivers cash-out their earnings instantaneously, instead of having to wait up to two working days.

Instant and hassle-free insurance claim payment

Leading insurance companies use a payment solution powered by DBS RAPID to reduce the payment processing time of a travel insurance claim from a few days to just seconds.

If you are looking for more RAPID case studies:

DBS RAPID in action

Download casebook

Our APIs

Find an API solution based on your specific business needs

	Informational APIs
	APIs that provide bank related information to you Bank account verification Bank statements provisioning FX enquiry Inward credit confirmation Transaction status enquiry Bank account balance enquiry

	Transactional APIs
	APIs that allow you to perform transactional banking services Remittance payments PayNow payments Real-time payments FX booking Real-time collections

	Workflow APIs
	APIs that allow customers to seamlessly connect to and integrate with multiple systems Interoperability payments Cloud ERP ecosystem integration Direct debit authorisation Bank statements provisioning

Awards

EuroMoney 2021

Awards for Excellence 2021

Best Bank in Asia
Best Digital Bank in Asia
Best Bank in Singapore

The Asset 2021

Treasury, Trade, Sustainable Supply Chain and Risk Management Awards

Best E-Solutions Partner Bank, Asia-Pacific

The Banker - Innovation in Digital Banking Global

The Banker 2021

Innovation in Digital Banking Awards

Most Innovative in Digital Banking, Global
Most Innovative in Digital Banking, Asia-Pacific
Most Innovative in Digital Banking - Cyber Security

Global Finance

The World's Best Digital Banks Awards

Most Innovative Digital Bank, APAC, 2019 - 2020
Best Corporate / Institutional Digital Bank, Singapore, 2020

The Asset

Digital Awards 2020

Digital Bank of the Year, Singapore, 2016 - 2020
Best API Project, Singapore, 2020

Celent Model Bank

Banking Technology Awards

Winner, 2021

EuroMoney 2021

Awards for Excellence 2021

Best Bank in Asia
Best Digital Bank in Asia
Best Bank in Singapore

The Asset 2021

Treasury, Trade, Sustainable Supply Chain and Risk Management Awards

Best E-Solutions Partner Bank, Asia-Pacific

The Banker 2021

Innovation in Digital Banking Awards

Most Innovative in Digital Banking, Global
Most Innovative in Digital Banking, Asia-Pacific
Most Innovative in Digital Banking - Cyber Security

Global Finance

The World's Best Digital Banks Awards

Most Innovative Digital Bank, APAC, 2019 - 2020
Best Corporate / Institutional Digital Bank, Singapore, 2020

The Asset

Digital Awards 2020

Digital Bank of the Year, Singapore, 2016 - 2020
Best API Project, Singapore, 2020

Celent Model Bank

Banking Technology Awards

Winner, 2021

FAQs

	What is DBS RAPID?
	DBS RAPID (Real-time API by DBS) is a digital solution that can be integrated into our corporate customers’ systems or platforms to facilitate banking transactions and services in real-time. The banking services offered via APIs include, but are not limited to, bank account verification, real-time payments & collections, and direct debit authorisation etc.

	What is an API?
	API stands for Application Programming Interface. It is an easy way for two different systems to communicate with each other. With DBS RAPID, our customers can seamlessly integrate DBS’ banking services into their systems or platforms for their banking needs.

How will DBS RAPID help my business?

DBS RAPID provides digital solutions to address your banking needs, reducing the time and cost you spend on manual/paper processes. This allows you to focus on growing your business without having to worry about the complex processes that occur behind the scenes. From our wide range of APIs, you can mix and match multiple APIs to meet your needs. Whether you are looking to perform bank account verification, credit confirmation, or initiate direct debit authorisation in real-time, provide real-time payments and collections (single and/or bulk) and live status updates; DBS RAPID enables all of these to be available to you 24/7.

	How long does it take to set up DBS RAPID?
	It typically takes between four to six weeks from inception to Go-Live to set up DBS RAPID. The time it takes is largely dependent on the readiness of the company to consume the DBS’ APIs.

	What kind of format does DBS RAPID use?
	DBS RAPID uses REST API with JSON format & PGP implementation, which is a widely adopted industry standard, making DBS RAPID easy to implement and integrate.

	How do I get started on DBS RAPID?
	Contact your Relationship Manager, or DBS BusinessCare by calling 1800 222 2200 or +65 6222 2200 if you are calling from overseas. We are available Monday to Friday (excluding public holidays), between 8.30am and 8.30pm. You can also email us here.