Fees and Charges for Overseas Funds Transfer

Understand the fees and charges involved for Overseas Funds Transfer.

Banking Part of: Guides > Your Guide to Overseas Funds Transfer

Important information

  • Enjoy same-day transfers at zero fees with DBS Remit. This applies only to transfers in the destination country's local currency. For example, when you send USD to the USA or AUD to Australia. Check out our list of supported countries for DBS Remit.
  • To enjoy transfers at zero fees, simply ensure that the following details are selected when you are transferring online via digibank:
    • Select the locations eligible for DBS Remit (e.g. Australia)
    • Select the currency of your transfer destination (e.g. AUD)
  • A DBS Remit DBS Remit Icon or a Zero-Fee Zero Fee Icon will be displayed to confirm that no transfer charges will apply. If you don't see these icons on your transfer page when sending an overseas transfer to one of our eligible locations in their local currency, please re-add your payee.

Outgoing Funds Transfer

  • For information on fees and charges for overseas funds transfers, use the table below.
  • For Regular Overseas Funds Transfer:
    Agent bank fees / charges can be borne by either the sender (applicant), or recipient (beneficiary). The sender (applicant) is required to specify if the sender or recipient will bear these charges, when setting up the overseas transfer.
  • Effective 27 Sep 2025, we are revising our handling commission charges for online Overseas Telegraphic Transfers (OTT) as per below. Please note that these changes are not applicable to DBS Remit.
    Transfer Amount (SGD) Handling Commission (SGD)
     
    Transfers with FX Transfers without FX
    Up to $5,000
    Waived New!
    Waived New!
    For DBS Accounts in China, Hong Kong, India, Indonesia, Singapore & Taiwan*
    $10
    Above $5,000 to $25,000 $20
    Above $25,000 to $60,000 $35
    Above $60,000 to $120,000 $100
    Above $120,000 $120
    Please note that for transfers to non-DBS accounts, existing cable charges still apply and will be communicated to you during the transfer process:
    DBS/ POSB Accounts
    in China, Hong Kong, India, Indonesia, Singapore & Taiwan*
    Non-DBS/ Non-POSB Accounts
    All locations
    Cable Charge (SGD) Waived New! $20

    *Where applicable, agent bank charges may also apply.

Incoming Funds Transfer

  • For crediting to a SGD or Foreign Currency Current Account – S$10 Handling Commission Fee (Waived for Treasures Customers)
  • For crediting to a Foreign Currency Fixed Deposit Account – Free

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