cross-border funds transfers

Demand Drafts

Make overseas payments in over 20 currencies

Demand Drafts

Make overseas payments in over 20 currencies

At a Glance

A demand draft is ideal for non-urgent overseas payment

DBS Demand Draft simple transaction

Simple

Make a deposit. Once cleared, we’ll issue the draft instantly

DBS Demand Draft convenience

Convenient

We don’t need your beneficiary’s bank account details

Features & Benefits
DBS Demand Draft more convenience

More convenience as you don’t need your beneficiary’s account details

DBS Demand Draft multiple currencies

Over 20 currencies to choose from

How to Apply

Apply for Demand Draft via DBS IDEAL.

Not a DBS SME Banking customer? 
Apply online now. Enjoy free DBS IDEAL access and fee waivers. T&Cs apply.

Download PDF
Application form
Cash Pricing Guide
IDEAL Cut-off Time
FAQs
What do I need to get a demand draft?

We’ will need the following details:

  • Beneficiary’s name and address
  • Currency and location
  • Address (if you need us to mail the demand draft directly
When will the amount be deducted from my account?

The amount will be deducted once we issue the demand draft.
What is the validity period of the demand draft?

Demand drafts are typically valid for 6 months. It could even be shorter in some countries.
Get in Touch
Open Business Account
Telegraphic Transfer Factsheet
Telegraphic Transfer Information
Apply for a Business Loan
Apply for Banker’s Guarantee
Apply for Import Letter of Credit
Contact DBS BusinessCare

Customers also considered: