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.

Part of: Guides > Your Guide to Overseas Funds Transfer

Important information

  • For overseas funds transfer via DBS Remit before the cut-off timing on a business day will be transferred the same day.
  • For overseas funds transfer received over the weekend or public holiday of the receiving bank will only be credited on the next business day.
  • Possible reasons your overseas funds transfer may delayed. Learn more.
  • For funds transfers exceeding SGD 200,000, please visit our DBS/POSB branch and our staff will assist you.
DBS Remit
Markets Cut-off Time for Same Day Transfer (SGT) Same Day Transfer Available Between# Daily Transfer Limit*
Australia (in AUD) 12:00 Monday - Saturday SGD 200,000
Canada (in CAD) 17:00 Monday - Friday SGD 200,000
Eurozone (in EUR) 17:00 Monday - Saturday SGD 200,000
Hong Kong (in HKD) 16:30 Monday - Saturday SGD 200,000
India (in INR) - Monday - Saturday SGD 200,000
Indonesia (in IDR) 14:00 Monday - Saturday USD 35,000
Japan (in JPY) 10.30 Monday - Saturday SGD 200,000
South Korea (in KRW) 14:00 Monday - Saturday USD 20,000
Mainland China
(in CNY)**
15:00 Monday - Friday SGD 200,000
(USD 10,000 Per Transaction)
Malaysia (in MYR) 14:00 Monday - Friday SGD 200,000
(MYR 500,000 Per Transaction)
Myanmar (in MMK) 12:00 Monday - Friday SGD 200,000
(USD 10,000 Per Transaction)
New Zealand (in NZD) 10.00 Monday - Saturday SGD 200,000
Philippines (in PHP)*** 11:00 Monday - Saturday SGD 200,000
(PHP 490,000 Per Transaction)
Thailand (in THB) 11:30 Monday - Friday SGD 200,000
(THB 1,500,000 Per Transaction)
United Arab Emirates (in AED) 17:00 Monday – Thursday & Saturday SGD 200,000
United Kingdom
(in GBP)
17:00 Monday - Saturday SGD 200,000
United States (in USD) 17:00 Monday - Saturday SGD 200,000
Vietnam (in VND) 14:30 Monday - Saturday SGD 200,000
Transfer Time Branch Transfers Online Transfers
Recipient will generally receive funds within 2 to 4 working days. Cable/telex charges: S$20 per transaction

Handling commisson:
1/8% of the S$ equivalent of remittance ammout
  • Minimum fee: S$10
  • Maximum fee: S$120
Additional agent bank charges may apply.
Transfer limit: Up to available account balance.
Cable/telex charges: S$20 per transaction

Handling commisson:
  • S$5 for remittance up to S$5000
  • S$10 for remittance up to S$25,000
  • S$35 for remittance above S$25,000
Additional agent bank charges may apply.
Transfer limit: Up to S$200,000 daily.

More information

  • 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 Remit. Rates are confirmed only between 09:15 and 15:00 (SGT) on business days.
    • Transfers via MMK Remit. Rates for these currencies are confirmed only between 09:25 and 17:00 (SGT) on business days.
    • Transfers of MUR and TWD. Rates for these currencies are confirmed if the application is received from 09:25 to 17:00 (SGT) on business days only.
    • Rates will be indicative on non-business days and national public holidays.
  • Preferential FX Rates (with transfers of S$50,000 or more) is applicable to all DBS Remit services except for Malaysia, Philippines, Mainland China & Indonesia.
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