Transfer Funds to Overseas Account

digibank allows you to perform Overseas Funds Transfer to over 150 markets in more than 20 currencies anywhere, anytime.

Part of: Guides > Your Guide to Overseas Funds Transfer


Pre-transfer checklist

Ensure that you have the following details of your intended recipient before you begin funds transfer online.
  • Bank Name
  • Account Number
  • Recipient’s Address
  • Recipient’s full name

3 Steps to Ensure Accurate Recipient Name

  1. Check that your recipient’s name is the same as their full name used in their bank’s records.
    • For transfers to individuals: Do not use nicknames or short form names for Individuals.
    • For transfers to individuals with long names or corporations: You may use the first address field to continue filling in the recipient’s full name if there’s insufficient space.
  2. If your recipient’s name is not accurate, delete the existing recipient record.
  3. Add a new recipient using the full name that is used in the bank account. Please ensure that there are no extra/missing letters or nicknames in the update as any submission of inaccurate information may lead to a delay or rejection of your overseas transfer.

How to Transfer Funds to Overseas Account

There are various channels which you may transfer funds to overseas account with us. The most convenient method would be via digibank Mobile.

digibank Mobile
phone frame
slider
slider
slider
slider
slider
slider
Click on the steps to view screens
1
Step 1
Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Tap Pay & Transfer followed by the Overseas icon.
3
Step 3
Select the recipient you wish to make transfer to.
(If the recipient is not in your pre-arranged list, follow the steps in Add Overseas Funds Transfer Recipient)
4
Step 4
Select the Fund Source, Amount, Purpose of Transfer. Tap Next.
5
Step 5
Review the Transfer details and tap Transfer Now.
6
Step 6
Your oversea funds transfer transaction has been submitted for Processing.
Get the latest DBS digibank Mobile app now!
laptop
slider
slider
slider
slider
slider
slider
slider
slider
1
Step 1
Log in to digibank Online with your User ID & PIN.
2
Step 2
Under Transfer, select DBS Remit and Overseas Transfer.
3
Step 3
Complete the Authentication Process.
4
Step 4
Select the Recipient you wish to make transfer to.
(If the Recipient is not in your pre-arranged list, follow the steps in Add Overseas Funds Transfer Recipient)
5
Step 5
Enter the Transfer Details.
6
Step 6
Enter your Recipient Details.
Read and acknowledge the Terms and Conditions governing Telegraphic Transfer.
Click Next.
7
Step 7
Verify the transfer details and click Submit.
8
Step 8
Your oversea funds transfer transaction has been submitted for Processing.
phone frame
slider
slider
slider
slider
slider
slider
Click on the steps to view screens
1
Step 1
Log in to DBS iWealth with your Touch / Face ID or digibank User ID & PIN.
2
Step 2
Tap Pay & Transfer followed by the Overseas icon.
3
Step 3
Select the recipient you wish to make transfer to.
(If the recipient is not in your pre-arranged list, follow the steps in Add Overseas Funds Transfer Recipient)
4
Step 4
Select the Fund Source, Amount, Purpose of Transfer. Tap Next.
5
Step 5
Review the Transfer details and tap Transfer Now.
6
Step 6
Your oversea funds transfer transaction has been submitted for Processing.
Get the latest DBS iWealth app now!
For funds transfers exceeding SGD 200,000, please visit our DBS/POSB branch and our staff will assist you.

More information

  • Please ensure accurate information and sufficient funds in your debiting account for the processing of the transfer. In the event of missing information and/or insufficient funds, DBS Bank reserves the right to reject the application.
  • To facilitate the transfer, your personal particulars may be disclosed to the recipient’s bank and the recipient.
  • Upon successful transfer, an eAdvice will be sent to your registered email address.
  • Learn how you can manage your account's daily overseas funds transfer limits here.

Need more help?

Made a Remittance? Check the status below.

Was this information useful?

We welcome your feedback

Information is easy to understand and find
Information is useful to answer your inquiries completely