FAST Payment | Domestic Funds Transfer | DBS SME Banking

FAST Payment

24/7 near real time SGD funds transfer

24/7 near real time SGD funds transfer

At a Glance

Make instant Singapore dollar (SGD) interbank funds transfer any time, any day

Your beneficiary will receive the funds within 5 minutes

Simple and secure SGD funds transfer of up to S$200,000

Pay any time via DBS IDEAL and receive alerts on your payment status

How it Works

Step 1: Send payment via DBS IDEAL.

Step 2: Beneficiary receives it within 5 minutes.

Step 3: Beneficiary gets an email alert.

Eligibility

You must have a DBS SGD Business Account and remit to beneficiaries of these FAST participating banks:

How to Apply

Speak to your Relationship Manager.
Call us at 1800 222 2200 for more information.

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

Things to Note

FAQs

	What information do I need to make a FAST payment?
	You’ll need your: Beneficiary’s name Beneficiary’s bank account number Purpose code Beneficiary’s bank name Amount to transfer

	Do I have to pay to use FAST?
	Yes, please refer to the Pricing Guide.

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