Timing and Limits for Overseas Funds Transfer

Overseas Funds Transfer will generally be completed within 2 to 4 working days. With DBS Remit, you can now perform same day transfers to selected markets within the cut-off times.

Banking Part of: Guides > Guide to digibank Online
DBS Remit
Important: *Overseas funds transfer received over the weekend or public holiday of the receiving bank will only be credited on the next business day.
Markets Cut off time for same-day online transfers Transfer Limit Locked-in FX rates Preferential FX rates (with transfers of S$50,000 or more) Transfer fee
New Zealand (in NZD) 10.00AM S$200,000 Daily Yes Yes No Charge Free
Japan (in JPY) 10.30AM S$200,000 Daily
Thailand (in THB) 11:30AM S$200,000 Daily
Australia (in AUD) 12:00PM S$200,000 Daily
Hong Kong (in HKD) 4:30PM S$200,000 Daily
India (in INR) 4:30PM S$200,000 Daily
Canada (in CAD) 5:00PM S$200,000 Daily
United Kingdom (in GBP) 5:00PM S$200,000 Daily
United States (in USD) 5:00PM S$200,000 Daily
Eurozone (in EUR) 5:00PM S$200,000 Daily
Philippines (in PHP) 2:00PM S$200,000 Daily No
Indonesia (in IDR) 2:00PM S$40,000 Daily
Mainland China (in CNY) 3:00PM S$200,000 Daily No
Malaysia (in MYR) 2:30PM S$200,000 Daily

Note:
  • Applications can be submitted 24/7 but those outside the cut-off times or on Public Holidays will be sent on the next business day. The full remittance amount may still be earmarked for applications submitted outside the cut-off times or on Public Holidays.
  • FX rates for all transfers are locked in 24/7 except for transfers via CNY and MYR Remit.
Branch and Online Transfers to Other Markets
Important: *Overseas funds transfer received over the weekend or public holiday of the receiving bank will only be credited on the next business day.
Transfer Time Transfer Limit
Recipient will generally receive funds within 2 to 4 working days. S$200,000 Daily

Note:
  • FX rates for all transfers are locked in 24/7 except for transfers of BHD, HUF, KRW, MUR, PLN, QAR, TWD and VND. Rates for these currencies are confirmed if the application is received from 9.25am to 5.00pm on working days only.

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