Faster Telegraphic transfers within the DBS network.
DBS PriorityPay is a value added service enabling our customers to effect faster and cheaper telegraphic transfers within DBS network. It also provides an alert to the payor once his beneficiary's account has been credited.
Key features include:
* Subject to regulations in the beneficiary country/region.
All telegraphic transfers between the following branches will be considered as a PriorityPay.
PriorityPay supports up to 10 payment currencies.
US Dollar, Euro, Great Britain Pound, Japanese Yen, Singapore Dollar, Hong Kong Dollar, Australian Dollar, Canadian Dollar1, Swiss Franc1, New Zealand Dollar2
1 – not available for DBS Vietnam, DBS Australia2 – not available for DBS Vietnam
Telegraphic transfers effected via IDEAL will be processed as PriorityPay if the beneficiary is within the DBS network (refer to the list of participating DBS branches).
There is no special setup required for effecting payments.
Customers can sign up for the credit confirmation via IDEAL under the following :
IDEAL Dashboard -> Preferences -> Alerts/Reminders