Transfer Funds to Other Bank's Account

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

Banking Part of: Guides > Go Shopping with DBS, Your Guide to digibank Online

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.

digibank Online
  • Log in to digibank Online with your User ID and PIN.
  • Select Transfer, followed by To Other Bank Account (Fast).
  • Log in with your 6-Digit iB Secure PIN.
  • Select the Recipient you wish to transfer to. Learn to Add a Local Recipient.
  • Select the Account you wish to transfer from and enter the Amount you wish to transfer.
  • Select the Purpose of Transfer and add Comments for the recipient if you wish to.
  • Click Next to review the details, followed by Submit to complete the transfer.

Note:
  • Funds are transferred immediately via FAST.

Apply for digibank Online

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digibank Mobile
  • Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
  • Tap Pay & Transfer and select Local.
  • Select the Recipient you wish to transfer to. Learn to Add a Local Recipient.
  • Select the Fund Source you wish to transfer from and enter the Amount you wish to transfer.
  • You may select the Purpose of Transfer and add Comments for the recipient if you wish to.
  • Tap Next to review the details, and tap Transfer Now to complete the transfer.

Note:
  • Funds are transferred immediately via FAST.

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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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