At a Glance

It’s easier than ever to transfer money within DBS or across local banks and e-Wallets using our Local Fund Transfer service online.

Simple Transfer

Settle your DBS credit card bills or charge up your DBS wealth management account with a simple transfer between your own DBS accounts

24 x 7

Instantly transfer* HKD or RMB across local banks 24 x 7 with $0 fee

  • Pay merchants for online or in-store purchases using their FPS ID
  • Transfer to your friends’ bank accounts or e-Wallets even if they haven’t registered to receive money through FPS
  • Rest assured with instant SMS and email notification upon submitting payment instructions
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Register your frequent recipients for faster payments of up to HK$1 million#

New

Save time with recurring transfers+ to your parents, landlord or tuition fees, etc



Funds transfer to other local bank is supported by Faster Payment System which is provided and operated by Hong Kong Interbank Clearing Limited. Use of related bank services supported by Faster Payment System are subject to terms and conditions. Please refer to the terms and conditions relating to Faster Payment System under the Bank Account and Services Terms and Conditions.

* The exact timing of crediting funds to recipient's account will be subject to the operation of recipient bank.

# Applicable to Online Local Fund Transfers to registered payees only. The maximum daily transfer limit for “non-registered payee” for DBS Personal Banking customers, DBS Treasures customers and DBS Treasures Private Client / DBS Private Bank customers are HK$150,000, HK$300,000 and HK$600,000 respectively. Click here for more details.

+ Instructions for recurring transfers must be set up at least one business day before the first payment date using a local bank account number. This service is not available for wealth management accounts, credit card accounts and bill payments. The recurring transfer service is subject to the terms and conditions, click here for more details.

 

How to Register and Make Transfers to Frequent Recipients

Do you regularly make online purchases from a favourite merchant or donations to charities? Add them to your recipient list and save time from repeated inputs during your next payments.

Register Recipients with their FPS ID on Mobile

Step 1: Log in and go to Pay & Transfer > Local Transfer
Step 2: Tap the icon at the top-right corner then tap "Add New Recipient" > “FPS ID”
Step 3: Enter the recipient’s FPS ID and Nickname
Step 4: Confirm details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*
Step 7: Tap "Make a Transfer" to make a transfer

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

Step 1: Log in and go to Pay & Transfer > Local Transfer
Step 2: Tap the icon at the top-right corner then tap "Add New Recipient" > “FPS ID”
Step 3: Enter the recipient’s FPS ID and Nickname
Step 4: Confirm details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*
Step 7: Tap "Make a Transfer" to make a transfer

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

 

Step 1: Log in and go to Transfer > To Other Local Recipients
Step 2: Select “Add New Payee”
Step 3: Authenticate with your Digital Token*
Step 4: Select “Other Local Payee” and “FPS ID”
Step 5: Enter your recipient’s FPS ID and tap “Verify”
Step 6: Enter a “Payee Nickname”
Step 7: Verify details and click “Submit”
Step 8: Authenticate with your Digital Token*

To make a transfer, tap Transfer > To Other Local Recipients. Select “Registered Payee” under the “To” section and select a payee to start transfer.

* You can immediately activate your Digital Token via DBS digibank HK. Please click here for details.

 

How to Transfer to a Bank Account or Top Up e-Wallet

Need to pay back a friend or top up an e-Wallet? Get it sorted in just a few taps using the bank account or e-Wallet number.

Transfer to a Bank Account or e-Wallet on Mobile

Step 1: Log in and go to Pay & Transfer > Local Transfer
Step 2: Tap the icon at the top-right corner then tap “Transfer to New Recipient” > “Bank Account / e-Wallet”

Step 3: Enter the recipient’s bank/e-Wallet account number and transfer details
Step 4: Confirm transfer
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can immediately activate your Digital Token via DBS digibank HK. Please click here for details.

Step 1: Log in and go to Pay & Transfer > Local Transfer
Step 2: Tap the icon at the top-right corner then tap “Transfer to New Recipient” > “Bank Account / e-Wallet”

Step 3: Enter the recipient’s bank/e-Wallet account number and transfer details
Step 4: Confirm transfer
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can immediately activate your Digital Token via DBS digibank HK. Please click here for details.

 

Step 1: Log in and go to Transfer > To Other Local Recipients
Step 2: Select “Non-Registered Payee” under “To Account” and select “Bank Account” under “Transfer Mode”
Step 3: Enter the recipient’ bank/e-Wallet account number and transfer details
Step 4: Verify details and tap “Submit”
Step 5: Authenticate with your Digital Token*

* You can immediately activate your Digital Token via DBS digibank HK. Please click here for details.

 

How to Set Up Recurring Transfers NEW

Live more, bank less! Automate your regular fixed-amount transfers by setting up recurring transfer instructions with DBS digibank HK. It’s a great way to kick-start your savings plan, or make regular payments to your family, landlord, tutor and more. It’s free, and you can update or cancel anytime.


Set Up a New Recurring Transfer

Step 1:Log in and go to Pay & Transfer > Local Transfer
Step 2: Select any registered recipient or tap the icon at the top-right corner to “Transfer to New Recipient”

Step 3: Enter recurring transfer details e.g. “Frequency” (you can set up daily, monthly or quarterly recurring transfer)
Step 4: Confirm recurring transfer details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

Step 1:Log in and go to Pay & Transfer > Local Transfer
Step 2: Select any registered recipient or tap the icon at the top-right corner to “Transfer to New Recipient”

Step 3: Enter recurring transfer details e.g. “Frequency” (you can set up daily, monthly or quarterly recurring transfer)
Step 4: Confirm recurring transfer details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

 

Step 1:Log in and go to Pay & Transfer > Scheduled Transaction > Recurring Tab
Step 2: Select an existing recurring transfer transaction
Step 3: You can view the details of the recurring transfer, or tap “Amend” to input the details to be amended, e.g. the amount, the start month, the end month, etc.
Step 4: Confirm amendment details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

Step 1:Log in and go to Pay & Transfer > Scheduled Transaction > Recurring Tab
Step 2: Select an existing recurring transfer transaction
Step 3: You can view the details of the recurring transfer, or tap “Amend” to input the details to be amended, e.g. the amount, the start month, the end month, etc.
Step 4: Confirm amendment details
Step 5: Enter your DBS iBanking password^
Step 6: Authenticate with your Digital Token*

^ Applicable if this is the first high-risk transaction after biometric login
* You can activate your Digital Token immediately via DBS digibank HK. Please click here for details.

 

Step 1:Log in and go to Pay & Transfer > Scheduled Transaction > Recurring Tab
Step 2: Select an existing recurring transfer transaction
Step 3: View the details of the recurring transfer and tap “Delete”
Step 4: Confirm deletion (Please be aware that you cannot undo the deletion.)

Step 1:Log in and go to Pay & Transfer > Scheduled Transaction > Recurring Tab
Step 2: Select an existing recurring transfer transaction
Step 3: View the details of the recurring transfer and tap “Delete”
Step 4: Confirm deletion (Please be aware that you cannot undo the deletion.)

 
 

How to update local transfer limitsNEW


Simply update your local transfer limits with DBS iBanking or DBS mobile banking anytime, anywhere.

Update Local Transfer Limits on Mobile

Step 1: Log in and go to More > Manage Local Transfer Limits
Step 2: Select the transaction type(s) and update the new limit(s)
Step 3: Verify details and submit*

* Authentication with a Digital Token is needed if a higher limit amount is set.

Step 1: Log in and go to More > Manage Local Transfer Limits
Step 2: Select the transaction type(s) and update the new limit(s)
Step 3: Verify details and submit*

* Authentication with a Digital Token is needed if a higher limit amount is set.

 

Step 1: Log in and select Manage Transaction Limit under Preference
Step 2: Select the transaction type and enter the new limit
Step 3: Verify details and submit*

* Authentication with a Digital Token is needed if a higher limit amount is set.

 

Promotions

 

Enjoy up to HK$100 cash rewards (9 eStamps) within the reward period under the eStamp programme!

 

Enjoy 1 eStamp by completing fund transfer of HK$100 or above (or equivalent in foreign currencies)

 

 

Frequently Asked QuestionsNEW

Please click here for more details.

  1. What is my maximum daily local transfer limits?
    Different customer segments and transaction types have different maximum daily local transfer limits.
    • Shared between PayFast and Scan & Pay:
      HK$10,000
    • For non-registered payee:
      HK$600,000 for DBS Treasures Private Clients/DBS Private Bank clients
      HK$300,000 for DBS Treasures customers
      HK$150,000 for DBS Personal Banking customers
    • For registered payee:
      HK$1,000,000

      If the remaining daily transfer limit for “PayFast and Scan & Pay” is insufficient, we will debit the whole transaction amount from your daily transfer limit for “non-registered payee” to complete the PayFast transfer. Please authenticate with your Digital Token.

  2. Do I need to activate the local transfer limits in order to make a transfer?

    If you are new customer, your default setting of local transfer limits is as follows:

    • PayFast and Scan & Pay:
      HK$0 (inactivated)
    • For non-registered payee:
      HK$0 (inactivated)
    • For registered payee:
      HK$200,000

    You need to activate “PayFast and Scan & Pay” and “Non-Registered Recipient” daily transfer limits in order to make the relevant transfer. You can click here to learn how to activate these transfer limits.


  1. I used to transfer funds to my registered payee at another local bank. Why is now my FPS transfer to the same payee rejected?
    For security reasons, the recipient account name of payee needs to be verified in an FPS transaction. Please check if the recipient account name of your registered payee matches with the payee bank's record. If they do not match, the FPS transaction will be rejected.
  2. How to update the recipient account name of my registered payee?
    The recipient account name of a registered payee cannot be changed. You have to delete the payee and register again.
  3. Why was my transaction still rejected after I had updated the recipient account name of my registered payee?
    In this case, please contact the recipient bank for further information.
  4. How can I transfer foreign currency (except HKD and CNY) to an account in other local banks?
    To transfer foreign currency to other local bank accounts, please go to Transfer > DBS Remit and Overseas Transfer in DBS iBanking or Pay & Transfer > Overseas Transfer in DBS digibank HK and select “Hong Kong” as your destination.

Terms and Conditions

Terms and Conditions apply. Please refer to the Faster Payment System section under Bank Accounts and Services Terms and Conditions.

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