Cross-Border Funds Transfers
Make non-urgent overseas payments in more than 20 currencies
Enjoy greater convenience and make payments in more than 20 currencies without the need to provide beneficiary account details with DBS Demand Draft. We issue the draft based on your instructions, and pay the beneficiary when it has been deposited and cleared. Demand drafts are suitable for non-urgent overseas payments.
Why choose DBS Demand Drafts?
Simply provide us with the following information:
The amount will be deducted once we issue the Demand Draft.
Demand drafts are typically valid for six months, however the validity period is shorter in some countries.
How do I apply?
Not a DBS SME Banking customer? Enjoy IDEALTM set-up and monthly fee waivers* by starting your DBS Business Account application online. This service is available to Sole Proprietorships, Partnerships, Limited Liability Partnerships and Private/Limited Companies.
*Terms & Conditions apply