Transfer Funds to Other Bank's Account

Transfer funds easily to other Bank's account via iBanking & digibank.

Banking Part of: Guides > Go Shopping with DBS, iBanking

Transfer using FAST (Instant) or Interbank Funds Transfer (Non-Instant)

FAST is an electronic service that lets you transfer funds almost instantly between participating banks.

For banks not participating in FAST, fund transfers will not be immediate and will be completed within 2-3 business days:
For funds submitted before 8pm on a working day, funds will be available after 2 working days.
For funds submitted after 8pm on a working day, funds will be available after 3 working days.

iBanking
FAST Transfer Interbank Funds Transfer
  • Log in to iBanking with your User ID and PIN.
  • Select Transfer, then To Other Bank Account (Fast).
  • Log in with your 6-Digit iB Secure PIN.
  • Choose the Recipient you wish to transfer to.
  • Select the Account you wish to transfer from.
  • Indicate the Amount you wish to transfer.
  • Select the Purpose of Transfer and indicate any Comments for recipient.
  • Click Next.
  • Log in to iBanking with your User ID and PIN.
  • Select More Transfer Services.
  • Select To Other Bank Account.
  • Log in with your 6-Digit iB Secure PIN.
  • Choose the Recipient you wish to transfer to.
  • Select the Account you wish to transfer from.
  • Indicate the Amount you wish to transfer.
  • Select the Purpose of Transfer and indicate any Comments for recipient.
  • Click Next.

Don't have iBanking?

Get Started

digibank
  • Log in to digibank with your User ID and PIN.
  • Select Transfer/PayNow from the menu.
  • Select To Other SG/Overseas Payees.
  • Log in with your 6-Digit iB Secure PIN.
  • Choose the Recipient you wish to transfer to.
  • Select the Account you wish to transfer from.
  • Select the Purpose of Transfer.
  • Input Comment to Payee.
  • Indicate when you wish for the transfer to be performed (default is "immediate").
  • Choose Yes, if you wish to use FAST Service for the Transfer.
  • Verify the details and press Confirm.

Don't have digibank?

Transfer in Foreign Currencies to Other Local Banks

You can perform a funds transfer in foreign currencies to another local bank through Telegraphic Transfer. This can be performed at one of our DBS/POSB Branches or by filling up a Telegraphic Transfer Form and mailing it in to us. Locate us here

You can also download our Telegraphic Transfer Form and mail it in to:

2 Changi Business Park Crescent,
#07-05,
DBS Asia Hub Lobby B, S486029

Note:
  • This service is only available for DBS/POSB Savings/Current Account holders.
  • Recipient will generally receive funds within 2 to 4 working days.

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