DBS Overseas Education Guide!

DBS Overseas Education Guide

Planning for an overseas education can be an exciting yet daunting journey, but with the support of DBS, you can navigate this journey smoothly. As you embark on this path, here are some essential preparation tips to kick-start your overseas education journey:

Financial Preparation:As a parent preparing to support your child's overseas education, there are several expenses you may need to cover:

Tuition Fees

Accommodation

Living Expenses

Travel Expenses

Books and supplies

Visa and Immigration fees

Emergency funds

DBS Remit

Ensuring a smooth and stress-free educational journey for your child involves not only paying school fees but also providing consistent support for their living expenses. DBS Remit can be a valuable tool for parents seeking efficient and cost-effective ways to transfer money overseas.

DBS Remit offers same-day overseas transfers with $0 transfer fees, you can send money in 19 currencies to over 50 locations in their local currency. Additionally, enjoy preferential rates when you send SGD50,000 or more. Find out more here!

DBS My Account

Would you like to avoid the inconvenience of waiting in line at money changers or carrying cash? We like to empower you with confidence and convenience to effectively manage your finances.

With DBS My Account, all the banking services you need are in one place. You can access 13 currencies instantly via digibank at attractive exchange rates with no conversion fees. Easily manage bill payments, overseas transfers, global investments, and retirement planning all conveniently from a single platform.

Apply now

DBS Visa Debit Card

Selecting the perfect card for daily expenses abroad can prove challenging for many. What's more frustrating is the struggle to find one that offers substantial benefits.

With DBS Visa Debit Card, you can access 11 foreign currency wallet instantly via digibank and enjoy zero FX conversion fees when you spend them. Also, enjoy 2% cashback on all your overseas spending. This makes it an ideal choice for students studying abroad, enabling them to effortlessly handle their finances while also earning rewards.

Apply now

Protection Preparation:Securing both your life and finances is essential for ensuring peace of mind and stability in an unpredictable world. Life is full of unexpected events, and having comprehensive protection in place can provide a crucial safety net for you and your loved ones.

DBS Payment Controls

DBS Payment Controls grants you access to set spending limits on your cards, lock or unlock them, and enable/disable card features at any time! Utilise this feature to enhance security and effortlessly maintain greater control over your finances.

DBS Overseas Student Protect

The Overseas Student Protect plan is tailored for students studying abroad. It covers COVID-19 medical expenses, provides up to S$50,000 for hospitalization and includes adventurous activities coverage for added peace of mind.