Contribution to Supplementary Retirement Scheme (SRS) Account

For customers to be eligible for tax relief in 2020, contributions must be made before 7pm via digibank Online or digibank Mobile on 31st December 2019.

Banking Part of: Guides > Your Guide to digibank Online
Maximum Annual Contribution Limit
Singapore Citizens / PRs S$15,300
Foreigners S$35,700
Contribution via digibank Online
Important: *For customers to be eligible for tax relief in 2020, contributions must be before 7pm on 31st December 2019 via digibank Online.

  • Log in to digibank Online with your User ID and PIN.
  • Select Transfer and click To My Account.
  • Authenthicate your log in with your Digital Token.
  • Select your Account you wish to contribute from.
  • Ensure SGD - Singapore Dollar is selected as the Currency. We only accept SGD for SRS contributions.
  • Select your SRS Account you wish to make your contribution to.
  • Indicate the Amount you wish to contribute and click Next
  • Verify the details of the contribution and click Submit to complete the contribution.

Contribute via digibank Online

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Contribution via digibank Mobile
Important: *For customers to be eligible for tax relief in 2020, contributions must be made before 7pm on 31st December 2019 via digibank Mobile.

  • Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
  • Tap Pay & Transfer and select All.
  • Under Your DBS/POSB Accounts, select the SRS Account you wish to make your contribution to.
  • Ensure SGD - Singapore Dollar is selected as the Currency. We only accept SGD for SRS contributions.
  • Select your Fund Source you wish to contribute from.
  • Enter the Amount you wish to contribute and tap Next.
  • Verify the details of the contribution and tap Confirm to complete the contribution.

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Contribution via Branch
Important: *For customers to be eligible for tax relief in 2020, contributions must be made before 3.30pm on 31st December 2019 via any DBS/POSB Branches.

  • Visit any DBS/POSB Branches with your NRIC/Passport.
  • Foreigners must declare their foreigner status at the branch to qualify for the foreigner annual contribution limit for SRS.

Contribution via Cheque
Important: *For customers to be eligible for tax relief in 2020, contributions must be deposited before 11.30am on 31st December 2019 via cheque. For foreigners, please declare your foreigner status at the branch if you have not done so for year 2019 before depositing the cheque.

  • Issue a DBS/POSB Cheque in your name.
  • Write your SRS Account no. at the back of the cheque.
  • Deposit your cheque at any DBS/POSB Branches or Cheque Deposit Machines located islandwide.


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