Funds Transfers to My DBS Accounts

You can transfer HKD or other currencies between your various DBS Bank accounts.

  • For funds transfer instructions submitted after 11:30 p.m., funds will be deposited into your designated account on the next business day.
  • For funds transfers made from a credit card or Cashline Revolving Loan account, an interest charge and/or handling fee will be charged from the date of transfer until the date of actual repayment. (Such transactions will share the daily limit of HK$15,000 with ATM cash withdrawal on credit card or Cashline Revolving Loan account.)
  • The maximum allowable amount on an instant funds transfer to a Cashline Revolving Loan / Credit Card account is HK$999,999 per transaction, scheduled funds transfers are not accepted.
  • For scheduled funds transfers to a My DBS Account, the transaction date can be set up to 60 days in advance.

Funds Transfers to Other Local Bank Accounts

You can transfer funds to a third party account held at other local banks in HKD.

  • For funds transfers to other local banks via Express Transfer (RTGS), a service charge of HK$75 (HK$180 through other channels) per transaction will be debited from your designated account.
  • For funds transfers to other local banks via Express Transfer (RTGS), the funds will be credited to the designated account on the same clearing day if the instruction is placed before 4:00 p.m. on a clearing day. Any instruction placed after 4:00 p.m. on a clearing day or on a non-clearing day will be processed on the next clearing day. (Clearing days are Mondays to Fridays, except public holidays.)
  • For funds transfers made before 10:30 p.m. (excluding Express Transfer), funds will be received within the next 2 clearing days. For funds transfers made after 10:30 p.m. (excluding Express Transfer), funds will be received within the next 3 clearing days.
  • The daily limit for funds transfers to non-registered third party accounts will be reset to HK$0 if no such transaction is conducted for 12 months.
  • You can schedule a funds transfer up to 60 days in advance. Please ensure sufficient funds are held in your bank account 1 business day before the scheduled date, or the transaction will be rejected.
  • No funds transfers can be made from Cashline Revolving Loan / Credit Card accounts to other local bank accounts.
  • DBS iBanking and DBS mBanking share the same daily limit and registered payee list.

Please refer to the Bank Charges Schedule for details of service charges.

Funds Transfers to Other DBS Accounts

You can transfer funds to a third party account held at DBS Bank in HKD.

  • For funds transfer instructions submitted after 11:30 p.m., funds will be deposited into your designated account on the next business day.
  • The daily limit for funds transfers to non-registered third party accounts will be reset to HK$0 if there is no corresponding transaction for 12 months.
  • You can schedule a funds transfer up to 60 days in advance. Please ensure sufficient funds are held in your bank account at least 1 business day before the scheduled date, or the transaction will be rejected.
  • No funds transfers can be made from Cashline Revolving Loan / Credit Card accounts to third party DBS accounts.
  • DBS iBanking and DBS mBanking share the same daily limit and registered payee list.

Funds Transfers to Overseas Accounts & DBS Singapore Remit (DBS Accounts)

“Funds Transfers to Overseas Accounts” service allows you to transfer funds to a third party account held at an overseas bank in various currencies.

  • Any remittance instruction placed after 5:00 p.m. (Monday to Friday) or on a non-clearing day will be processed on the next clearing day. (Clearing day means Mondays to Fridays, except public holidays in Hong Kong.)
  • Any remittance instruction involving currency conversion placed after 5:00 p.m. (Monday to Friday) or on a non-clearing day will be effected according to the prevailing exchange rate when the instruction is executed.
  • Any remittance instruction involving currency conversion and settlement account is a joint-name account will be effected according to the prevailing exchange rate when the instruction is executed.
  • In general, the recipient will be able to receive the funds within two to four working days of the recipient bank from the transfer date. However, this may vary depending on the country or bank to which the payment is made.
  • If you wish to transfer funds in SGD or HKD to DBS Singapore Accounts, please use our “DBS Singapore Remit(DBS Accounts)” service (Transfer > Via DBS Singapore Remit (DBS Accounts)).To facilitate the transfer process, certain information is pre-filled for you. For those “DBS Singapore Remit (DBS Accounts)” instructions placed before 4:00 p.m. of a clearing day, the transfer will be performed on the same day in general. However, this may vary depending on the local/Singapore public holiday and the processing time of the recipient bank.
  • If you wish to transfer funds in RMB to Mainland China, please use our “DBS China Remit” service (Transfer > via DBS China Remit).
  • If you wish to transfer funds in GBP to UK, please use our “DBS UK Remit” service (Transfer > via DBS UK Remit).
  • When you submit your remittance instruction to a new payee via DBS iBanking successfully, corresponding payee will be added to the registered payee list automatically.
  • Please ensure accurate information and sufficient funds for the processing of the remittance instruction. In the event of missing information and/or insufficient funds in your debiting account, DBS Bank reserves the right to reject the instruction.
  • You may amend or cancel any remittance instruction submitted if it has not been executed. If the instruction has been executed, no amendment or cancellation thereof can be made unless agreed by the recipient or the recipient bank. Please visit any of our branches to amend or cancel any instruction submitted. An amendment or cancellation fee will be charged.
  • All remittance instructions are subject to verification by the Bank and may be rejected at the Bank’s sole discretion.
  • The daily limit for Overseas Funds Transfer will be reset to HK$0 if no such transaction is conducted for 12 months.

Please refer to the “Funds Transfer to Overseas Account” section of the Bank Charges Schedule for details of service charges.

DBS China Remit

“DBS China Remit” service allows you to transfer funds in RMB to recipient banks located in Mainland China.

  • Any RMB remittance instruction to Mainland China placed after 3:00 p.m. (Monday to Friday) or on a non-clearing day or on any public holiday of Mainland China will be processed on the next clearing day. (Clearing day means Mondays to Fridays, except public holidays in Hong Kong or Mainland China.)
  • Any remittance instruction involving currency conversion and settlement account is a joint-name account will be effected according to the prevailing exchange rate when the instruction is executed.
  • For those instructions placed before the cutoff time, the transfer will be performed on the same day in general. However, this may vary depending on the local/Mainland China public holiday and the processing time of the agent/recipient bank.
  • If you wish to transfer funds in other currencies to Mainland China (e.g. USD), please use our “Funds Transfers to Overseas Accounts” service (Transfer > to Overseas Account).
  • This service is not applicable to joint-name accounts.
  • When you submit your remittance instruction to a new payee via DBS iBanking successfully, the corresponding payee will be added to the registered payee list automatically.
  • The daily limit of RMB remittance to Mainland China is RMB80,000 per person for Hong Kong residents. RMB remittance to Mainland China requests made by non-Hong Kong residents are not accepted.
  • The name of beneficiary account in Mainland China must be identical with the name of remitter’s account. If we cannot verify that you are the same account holder of both the two accounts, we reserve the right to reject the RMB telegraphic transfer and remove the related payee from the registered payee list.
  • If the name of beneficiary account in Mainland China is registered in Chinese, please specify the account name in Chinese under “Your Name in Recipient Bank’s Record”.
  • Please ensure accurate information and sufficient funds for the processing of the remittance instruction. In the event of missing information and/or insufficient funds in your debiting account, DBS Bank reserves the right to reject the instruction.
  • You may amend or cancel any remittance instruction submitted if it has not been executed. If the instruction has been executed, no amendment or cancellation thereof can be made unless agreed by the recipient or recipient bank. Please visit any of our branches to amend or cancel any instruction submitted. An amendment or cancellation fee will be charged.
  • All remittance instructions are subject to verification by the Bank and may be rejected at the Bank’s sole discretion.
  • The daily limit Overseas Funds Transfer will be reset to HK$0 if no such transaction is conducted for 12 months.

Please refer to the “Funds Transfer to Overseas Account” section of the Bank Charges Schedule for details of service charges.

DBS UK Remit

“DBS UK Remit” service allows you to transfer funds in GBP to recipient banks located in UK.

  • Any GBP remittance instruction to UK placed after 5:00 p.m. (Monday to Friday) or on a non-clearing day will be processed on the next clearing day. (Clearing day means Mondays to Fridays, except public holidays in Hong Kong.)
  • Any remittance instruction involving currency conversion placed after 5:00 p.m. (Monday to Friday) or on a non-clearing day will be effected according to the prevailing exchange rate when the instruction is executed.
  • Any remittance instruction involving currency conversion and settlement account is a joint-name account will be effected according to the prevailing exchange rate when the instruction is executed.
  • For those instructions placed before the cutoff time, the transfer will be performed on the same day in general. However, this may vary depending on the local/UK public holiday and the processing time of the agent/recipient bank.
  • If you wish to transfer funds in other currencies to UK (e.g. USD), please use our “Funds Transfers to Overseas Accounts” service (Transfer > to Overseas Account).
  • When you submit your remittance instruction to a new payee via DBS iBanking successfully, corresponding payee will be added to the registered payee list automatically.
  • Please ensure accurate information and sufficient funds for the processing of the remittance instruction. In the event of missing information and/or insufficient funds in your debiting account, DBS Bank reserves the right to reject the instruction.
  • You may amend or cancel any remittance instruction submitted if it has not been executed. If the instruction has been executed, no amendment or cancellation thereof can be made unless agreed by the recipient or recipient bank. Please visit any of our branches to amend or cancel any instruction submitted. An amendment or cancellation fee will be charged.
  • All remittance instructions are subject to verification by the Bank and may be rejected at the Bank’s sole discretion.
  • The daily limit for Overseas Funds Transfer will be reset to HK$0 if no such transaction is conducted for 12 months.

Please refer to the “Funds Transfer to Overseas Account” section of the Bank Charges Schedule for details of service charges.

Manage Registered Payee for Overseas Funds Transfer / DBS Singapore Remit (DBS Accounts) / DBS China Remit / DBS UK Remit

  • When you have successfully submitted a remittance instruction for payment to a new payee via DBS iBanking, the payee will be added to your registered payee list automatically.
  • The “Funds Transfer to Overseas account” and “DBS Singapore Remit (DBS Accounts)“ services share the same payee List. “DBS China Remit” and “DBS UK Remit” have their own payee list.
  • Every registered payee list can accommodate up to 20 payees.
  • For Hong Kong residents remitting RMB funds to Mainland China, the name of the beneficiary account in Mainland China must be identical with the name of the remitter’s account. If we are unable to confirm or verify that you are the holder of both accounts, we reserve the right to reject the RMB telegraphic transfer and remove the related payee from your registered payee list.
  • Click on "Transfer" next to the selected payee to make an overseas funds transfer. Click on "Delete" to delete the payee from the list.

View Overseas Funds Transfer / DBS Singapore Remit (DBS Accounts) / DBS China Remit / DBS UK Remit Transaction Status

Types of Status:

  • Submitted: Your instruction has been submitted successfully. We will be validating your instruction shortly.
  • Processing: Your instruction is under processing.
  • Completed: Your instruction has been completed. The funds have been sent to the recipient's bank account.
  • Rejected: Your instruction could not be processed. For enquiries, please contact our 24-hour Customer Hotline at 2290 8888.
  • Unknown/Error: Your transaction status is unknown due to a connection error. For enquiries, please contact our 24-hour Customer Hotline at 2290 8888.

Setting Up a Standing Instruction

Simply fill in your application details in English and click on "Submit" to proceed. Your request will normally be processed within 3 bank business days.

Notes:

  1. Where the Payment Cycle is set to daily execution: If any Payment Date falls on a day which is not a bank business day, the transfer scheduled to be made on that Payment Date will be cancelled.
  2. Where the Payment Cycle is set to monthly execution: If any Payment Date falls on a day which is not a bank business day, the transfer scheduled to be made on that Payment Date will be postponed to the next bank business day. If any Payment Date falls on the last working day of the month and that is a Saturday, the standing instruction will be executed on the preceding bank business day. If the final Payment Date falls on a day that is not a bank business day, the transfer scheduled to be made on that Payment Date will be cancelled.
  3. Where a standing instruction involves foreign exchange: If the Bank is unable to execute the standing instruction due to insufficient funds in the debit account on any Payment Date, the standing instruction will be terminated and any uncompleted instructions under this standing instruction will be cancelled.

Please refer to the Bank Charges Schedule for details of service charges.

If you wish to amend a standing instruction in future, please download the Standing Instruction Amendment Form. Complete it and return it to any of our branches for processing.

Exchange Currency

You can exchange currencies between your DBS Bank accounts.

  • For currency exchange instructions submitted after 11:30 p.m., the relevant funds will be deposited into your designated account on the next business day.
  • Scheduled currency exchange is not available for currency exchanges made from a Cashline Revolving Loan / credit card account.
  • The transaction date for scheduled currency exchanges can be scheduled up to 60 days in advance.
  • If a scheduled currency exchange transaction cannot be completed, you will receive a notification in "Messages".

Manage Scheduled Currency Exchange

You can amend or delete a pending currency exchange by selecting the scheduled currency exchange under "Transfer" > "Exchange Currency" > "Manage Scheduled Currency Exchange".

You can view "All", "Completed", "Pending", "Rejected" or "Cancelled" scheduled currency exchanges under "Transaction status".

Notes:

  • If a scheduled currency exchange transaction cannot be completed, you will receive a notification in "Messages".
  • You are recommended to submit your request at least 1 business day before the Transaction Date.

Amend Nickname of Registered Payee

To amend the nickname of your registered third party payee, simply click “Amend” and then enter a new nickname to proceed.

Note: DBS iBanking and DBS mBanking share the same registered payee list.

Funds Transfer Schedule Summary

To amend or delete a pending funds transfer, please select the scheduled funds transfer and click on "Amend" or "Delete" to proceed. You are recommended to submit your request at least 1 business day before the Transaction Date. You can select "All", "Completed", "Pending", "Rejected" or "Cancelled" scheduled funds transfer(s) in "Transaction status".

Note: DBS iBanking and DBS mBanking share the same funds transfer schedule summary.