Preferential Rates

Banking ServicesDBS iBankingDBS/POSB BranchesOther Banks1
Send Cheque Free N.A N.A
Cashier's order Free S$5 Ranging from S$3 to S$10
Standing instructions Free S$10 From S$10 onwards
Demand Draft Min S$5 or 1/8% of S$ equivalent of remittance amount. Max S$120. Min S$10 or 1/8% of S$ equivalent of remittance amount2. Max S$120. Min S$10 or 1/16% of S$ equivalent of remittance amount. Max S$200.
Regular Overseas Fund Transfer S$5 for debiting amount equal to or below S$5,000; S$10 for debiting amount equal to or below S$25,000 and S$35 for all other amounts. Min S$10 or 1/8% of S$ equivalent of remittance amount. Max S$120. Min S$10 or 1/16% of S$ equivalent of remittance amount. Max S$200.

1Comparison based on other major local banks' rates. Information correct as at November 2016.

2Postage charges will apply where applicable.

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