Receive Funds from Others

Learn more about the various ways to receive funds from a local or overseas sender and the information you will need to provide the sender.

How to Receive Funds from Others

There are various ways which you may Receive Funds from Others to your DBS/POSB accounts.

Receive funds via PayNow

Register for PayNow and receive funds from others by sharing your registered mobile number, or your NRIC/FIN number. Learn more on How to Apply for Paynow.

Receive funds by sharing your bank account details

You may also receive funds from others by sharing your bank account details. Check out the relevant information to share with your sender for DBS/POSB accounts below:

Receive funds by sharing your bank account details

To receive funds from an overseas sender, they will likely perform a Telegraphic Transfer from their overseas bank to you. Simply provide them with the following details:

For DBS Accounts (10-digit account number)

Your Name as per bank’s records:
Account Number: Learn more on How to find your Account Number
Name of Beneficiary Bank: DBS Bank
Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
Country: Singapore
SWIFT Address/Code: DBSSSGSG

Note: All incoming transfers are processed based on the above details. You do not need to provide a branch name / branch code. DBS/POSB Bank does not have an IBAN, Routing Number or Sort Code.

For POSB Accounts (9-digit account number)

Your Name as per bank’s records:
Account Number: Learn more on How to find your Account Number
Name of Beneficiary Bank: DBS Bank
Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
Country: Singapore
SWIFT Address/Code: DBSSSGSG

Frequently Asked Questions

What are the fees for receiving an Inward Telegraphic Transfer?

A S$10 Handling Commission Fee (Waived for Treasures Customers) is applicable for each Inward Telegraphic Transfer.

How do I receive foreign currencies in my account?

You may receive foreign currencies into the following list of multi-currency accounts:

My Account
Multiplier Account
DBS eMulti-Currency Autosave Account
eMulti-Currency Autosave Plus Account
Multi-Currency Autosave Account
Expatriate eMulti-Currency Autosave Account
Expatriate eMulti-Currency Autosave Plus Account

What are the currencies that can be deposited in my multi-currency account?

You may receive these 13 currencies in your multi-currency account:

Singapore Dollar (SGD)
Australian Dollar (AUD)
Canadian Dollar (CAD)
Chinese Renminbi (Offshore) (CNH)
Euro (EUR)
Hong Kong Dollar (HKD)
Japanese Yen (JPY)
New Zealand Dollar (NZD)
Norwegian Kroner (NOK)
Sterling Pound (GBP)
Swedish Kroner (SEK)
Thai Baht (THB)
US Dollar (USD)

Should you wish to receive funds in these supported foreign currencies, your sender needs to instruct their bank to send out the funds in the foreign currency (not SGD).

Note: If the above 12 foreign currencies are deposited into a non-multi-currency account, the incoming funds will be automatically converted to SGD. For any other foreign currencies received into a multi-currency account, the incoming funds will be automatically converted and credited in SGD.

Receive funds by sharing your bank account details

To receive foreign currency (non-SGD) funds from another bank in Singapore, your sender will need to send it via Telegraphic Transfer from the other bank in Singapore. Simply provide them with the following details:

For DBS Accounts (10-digit account number)

Your Name as per bank’s records:
Account Number: Learn more on How to find your Account Number
Branch Code: First 3 digits of your account number (e.g. Account no. 123-4-567890 → Branch Code: 123)
Branch Name: DBS Bank Ltd. (You do not need to indicate your Branch Name as it is no longer a requirement)
Name of Beneficiary Bank: DBS Bank
Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
Country: Singapore
SWIFT Address/Code: DBSSSGSG

Note: DBS/POSB Bank does not have an IBAN, Routing Number or Sort Code.

For POSB Accounts (9-digit account number)

Your Name as per bank’s records:
Account Number: Learn more on How to find your Account Number
Branch Code: 081 (All POSB accounts have a standard branch code of 081)
Branch Name: POSB Bank Ltd. (You do not need to indicate your Branch Name as it is no longer a requirement)
Name of Beneficiary Bank: DBS Bank
Address of Beneficiary Bank: 12 Marina Boulevard, DBS Asia Central, Marina Bay Financial Centre Tower 3, Singapore 018982
Country: Singapore
SWIFT Address/Code: DBSSSGSG

Note: DBS/POSB Bank does not have an IBAN, Routing Number or Sort Code.

Frequently Asked Questions

What are the fees for receiving an Inward Telegraphic Transfer?

A S$10 Handling Commission Fee (Waived for Treasures Customers) is applicable for each Inward Telegraphic Transfer.

How do I receive foreign currencies in my account?

You may receive foreign currencies into the following list of multi-currency accounts:

My Account
Multiplier Account
DBS eMulti-Currency Autosave Account
eMulti-Currency Autosave Plus Account
Multi-Currency Autosave Account
Expatriate eMulti-Currency Autosave Account
Expatriate eMulti-Currency Autosave Plus Account

What are the currencies that can be deposited in my multi-currency account?

You may receive these 12 currencies in your multi-currency account:

Australian Dollar (AUD)
Canadian Dollar (CAD)
Chinese Renminbi (Offshore) (CNH)
Euro (EUR)
Hong Kong Dollar (HKD)
Japanese Yen (JPY)
New Zealand Dollar (NZD)
Norwegian Kroner (NOK)
Sterling Pound (GBP)
Swedish Kroner (SEK)
Thai Baht (THB)
US Dollar (USD)

Note: For any other foreign currencies (apart from the 12 listed above) received into a multi-currency account, the incoming funds will be automatically converted and credited in SGD.

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