Try a faster, more convenient remittance service with DBS.

Use Online Remittance Service to transfer funds overseas and enjoy:

One-stop service, anytime anywhere, 3 clicks only One-stop service, anytime anywhere, 3 clicks only

 

Transfer to the United Kingdom, United States, Australia, Canada, Singapore, Mainland China, India, Indonesia, Philippines or designated countries in Europe via DBS Remit2 and enjoy:

Transfer money at no cost, wide coverage, fast transfers, 100% funds received Transfer money at no cost, wide coverage, fast transfers, 100% funds received

  1. Only 3 taps are required to transfer funds with the same details used from previous transactions.
  2. DBS Remit covers transferring INR to India, IDR to Indonesia, PHP to Philippines, USD to United States, CAD to Canada, GBP to United Kingdom, AUD to Australia, SGD to Singapore, CNY to Mainland China and EUR to designated countries in Europe.
  3. Applicable charges (namely Handling Charge, Cable Charge and Correspondent Bank Charges) for DBS Remit will be waived at the time of the transaction.
  4. In most cases, funds can be transferred on the same day for instructions placed before the cut-off time on Monday to Friday (except public holidays). Actual date and/or time of receipt is subject to the cut-off time, public holidays or processing time of the correspondent bank/recipient bank. Please click here for cut-off time details.
 

How to Transfer

Transfer via DBS digibank

Step 1: Log in and click “Transfer Funds”, then tap “To Overseas Recipients”
Step 2: Select “Destination” and enter the transfer currency and amount. Then tap “Transfer Now”
Step 3: Select recipient
Step 4: Enter transaction details
Step 5: Verify details and submit

If you have never used Online Remittance Service, please increase your overseas transfer limit via DBS iBanking.

transfer via DBS digibank
transfer via DBS digibank

Step 1: Log in and click “Transfer Funds”, then tap “To Overseas Recipients”
Step 2: Select “Destination” and enter the transfer currency and amount. Then tap “Transfer Now”
Step 3: Select recipient
Step 4: Enter transaction details
Step 5: Verify details and submit

If you have never used Online Remittance Service, please increase your overseas transfer limit via DBS iBanking.

Only 3 taps to transfer again

Step 1: Choose the previous transaction under “RECENT” and tap “TRANSFER AGAIN”
Step 2: Previous transaction details have been pre-filled, tap “NEXT” to proceed
Step 3: Verify details and tap “CONFIRM” to submit

3-taps transfer
3-taps transfer

Step 1: Choose the previous transaction under “RECENT” and tap “TRANSFER AGAIN”
Step 2: Previous transaction details have been pre-filled, tap “NEXT” to proceed
Step 3: Verify details and tap “CONFIRM” to submit

transfer via ibanking

Step 1: Click “Transfer”, then click “DBS Remit and Overseas Transfer”
Step 2: Select “Destination” and enter the transfer currency and amount. Then click “Transfer Now”
Step 3: Select recipient and enter transaction details
Step 4: Verify details and submit

For existing DBS iBanking or DBS digibank customers

or Login DBS digibank

Not yet activated your DBS iBanking or DBS digibank services?

 

How to add new recipient

Add new recipient via DBS digibank

Step 1: Log in and tap “Transfer Funds”. Then click “To Overseas Recipients”
Step 2: Select “RECIPIENT” and tap “Add New Recipient”
Step 3: Select “Destination”
Step 4: Select “Transfer Currency” and “Recipient Bank” (Or enter Bank Identifier Code)
Step 5: Enter Recipient details and “Account Number”
Step 6: Verify details and submit*

* Authentication with a secure device is needed. If you have not activated your Secure Device, please click here for details.

add new recipient via DBS digibank
add new recipient via DBS digibank

Step 1: Log in and click “Transfer Funds”. Then click “To Overseas Recipients”
Step 2: Select “RECIPIENT” and click “Add New Recipient”
Step 3: Select “Destination”
Step 4: Select “Transfer Currency” and “Recipient Bank” (Or enter Bank Identifier Code)
Step 5: Enter Recipient details and “Account Number”
Step 6: Verify details and submit*

* Authentication with a secure device is needed. If you have not activated your Secure Device, please click here for details.

add new recipient via ibanking

Step 1: Log in and click “Transfer”. Then click “DBS Remit and Overseas Transfer”
Step 2: Click “Add New Overseas Payee”
Step 3: Enter “Payee Name”, then select “Destination” and transfer currency
Step 4: Enter payee details
Step 5: Verify details and submit*

* Authentication with a secure device is needed. If you have not activated your Secure Device, please click here for details.

 

First time to update limit via DBS iBanking

Step 1: Log in and click “Transfer”. Then click “DBS Remit and Overseas Transfer”
Step 2: Select “Destination” and enter the transfer amount. Then click “Transfer Now”
Step 3: Click “OK” in the pop-up window
Step 4: Enter the “New Daily Limit”. Then click “Next”
Step 5: Verify details and submit*

* Authentication with a secure device is needed. If you have not activated your Secure Device, please click here

If you need to update your overseas transfer limit again, you can visit “DBS Remit & Overseas Transfer” and click “Update” under “Transfer Limit”.

 

Promotions

 

 

DBS Remit Cut-Off Time and Transfer Limit

DestinationsCut-Off Time for Same-Day Transfers (Mon-Fri)Service FeesTransfer Limit
Australia
(in AUD)
10:00AMFree of charge
  • HKD 1,000,000 Daily
Canada
(In CAD)
5:00PM
  • HKD 1,000,000 Daily
China
(in CNY)
3:00PM
  • CNY 80,000 Daily
Singapore
(in SGD)
4:00PM
  • HKD 1,000,000 Daily
India
(in INR)
4:30PM
  • HKD 1,000,000 Daily
Philippines (in PHP)11:00AM
  • HKD 1,000,000 Daily
  • Maximum PHP 490,000 per transaction
Indonesia (in IDR)2:00PM
  • HKD 1,000,000 Daily
  • Non Resident: USD 50,000 Daily
  • Minimum IDR 100,000 per transaction
  • Maximum USD 35,000 per transaction
United Kingdom
(in GBP)
5:00PM
  • HKD 1,000,000 Daily
United States
(in USD)
5:00PM
  • HKD 1,000,000 Daily
Designated countries in Europe^
(in EUR)
5:00PM
  • HKD 1,000,000 Daily

^ Designated countries in Europe included:

Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom (Transfer EUR to UK)

 

Fees and Charges for Overseas Funds Transfer

Understand the fees and charges involved for Overseas Fund Transfers.

 
 
RECOMMENDED
Via DBS Remit

(in 

 

)

Via Overseas Transfer
(in other currencies)
Via Branch
Handling ChargeHK$0HK$100HK$120
Cable ChargeHK$0HK$100HK$100
Correspondent Bank ChargeHK$0Up to HK$

 


 (Depends on transfer currency)*
Up to HK$

 


 (Depends on transfer currency)*
Total Remittance ChargeHK$0Up to HK$Up to HK$
* Transfer CurrencyDestinationCorrespondent Bank Charge
RMBMainland ChinaAt cost
OverseasHK$250
EUR/GBPOverseasHK$400
HKD/USD & other currenicesOverseasHK$250

Note:

  • Select "Transfer" then "DBS Remit and Overseas Transfer", and send money to 

     

     in 

     

  • Cut-off time: before from Mondays to Fridays, excluding Public Holidays
  • Transfer Limit: daily

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

 

Points to Note

  1. DBS Remit same-day transfers are only applicable on clearing days (“Clearing day” means Mondays to Fridays, except public holidays in Hong Kong) within the respective cut-off times of each destination. Applications can be submitted 24/7 but those outside the cut-off times, non-clearing day or on the day typhoon signal No.8 or above or black rainstorm warning signal is hoisted will be sent on the next clearing day. In most cases, for instructions placed before the cut-off time, the transfer will be performed on the same day. Actual date and/or time of receipt is subject to the cut-off time, public holidays or processing time of correspondent bank/recipient bank.
  2. Any remittance instruction (Non-DBS Remit) placed after 5:00 pm on a clearing day or on a non-clearing day will be processed on the next clearing day.
  3. Any remittance instruction involving currency conversion placed after the cut-off time or on a non-clearing day will be effected according to the prevailing exchange rate when the instruction is executed.
  4. 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 destination or bank to which the payment is made.
  5. 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.
  6. Please ensure you have provided correct information and have sufficient funds for the processing of the remittance instruction. In the event of missing information and/or insufficient funds in your debit account, the Bank reserves the right to reject the instruction.
  7. If the instruction has been executed, no amendment or cancellation 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.
  8. All remittance instructions are subject to verification by the Bank and may be rejected at the Bank’s sole discretion.
  9. The daily limit for Overseas Funds Transfer will be reset to HK$0 if no such transaction is conducted for 12 months.

  1. Transfer CNY to Mainland China via DBS Remit is only applicable to customers with a single name account with HKID. This service is not applicable to customers holding only passports or customers with only a joint account.
  2. Any CNY remittance instruction to Mainland China placed after the cut-off time or on a non-clearing day (“Clearing day” means Mondays to Fridays, except public holidays in Hong Kong.) will be processed on the next clearing day.
  3. The daily limit of transfer CNY to Mainland China is CNY80,000 per person for Hong Kong residents.
  4. The name of the beneficiary account in Mainland China must be identical with the name of 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 remittance instruction and remove the related payee from the registered payee list.
  5. If the name of the beneficiary account in Mainland China is registered in Chinese, please specify the account name in Chinese under “Your Name in Recipient Bank’s Record”.
 

Frequently Asked Questions

  1. What is DBS Remit?
    DBS Remit is an online overseas transfer service which supports same day transfer of local currency to designated destinations at $0 fees.

  2. DBS Remit covers overseas transfers to which destinations?
    DBS Remit covers transfers of INR to India, IDR to Indonesia, PHP to Philippines, USD to United States, CAD to Canada, GBP to United Kingdom, AUD to Australia, SGD to Singapore, CNY to Mainland China and EUR to Eurozone countries.

  3. When is the end date to enjoy $0 fees?
    $0 fee has no end date. You can transfer funds overseas via DBS Remit at $0 fee, unlimited times.

  1. What currencies are available for online overseas transfer?
    You can transfer AUD, CAD, CHF, CNY, EUR, GBP, HKD, JPY, NZD, SGD, USD, INR (to India only), IDR (to Indonesia only) and PHP (to Philippines only).

  2. What information do I need to fill in for online overseas transfers?
    You should provide transaction details & recipient details below for overseas transfers:
    Transaction Details:
    • Debit account
    • Transaction destination
    • Transfer currency & Transfer amount

    Recipient Details:
    • Recipient Name
    • Recipient Bank (Or Bank Identifier Code)
    • Recipient account number
    • Recipient address
    • Remittance purpose (For some destinations only)
    • Payment details (Optional)


  3. Which Bank Identifier Code should I enter for overseas transfers?
    Depending on the transfer currency and destination, you should enter the correspondent bank identifier code:
    Overseas Transfer typeDestinationTransfer CurrencyBank Number / Bank Identifier CodeLength
    DBS RemitAustraliaAUDBSB Code6 Digits
    DBS RemitCanadaCADTransit NumberBranch Code - 5 Digits
    Bank Code -
    3 Digits
    DBS RemitMainland ChinaCNYCNAPS Code12 Digits
    DBS RemitEurozone countries (Including United Kingdom)EURSWIFT Code8-11 Digits
    DBS RemitUnited KingdomGBPSORT Code6 Digits
    DBS RemitIndiaINRIFSC Code11 Digits
    DBS RemitIndonesiaIDRN/AN/A
    DBS RemitPhilippinesPHPN/AN/A
    DBS RemitSingaporeSGDSWIFT Code8-11 Digits
    DBS RemitUnited StatesUSDSWIFT Code8-11 Digits
    General overseas transferOverseas destinationsNon – local currencySWIFT Code8-11 Digits
  4. Do I need to exchange currency when I place an overseas transfer instruction?
    No, you can transfer your foreign currency directly.

  5. Can I cancel or revise the submitted overseas transfer instruction?
    No, the instruction cannot be canceled or revised once it is submitted.

  1. What is the maximum daily transfer limit for overseas transactions?
    The overall maximum daily transfer limit for overseas transactions is HK$1,000,000. However, this depends on the location as per their respective daily or per transaction limit. Please click here for details. The above transfer limit is shared for overseas transfers via DBS iBanking & DBS digibank.

  1. What fees will be charged for overseas transfers?
    For general overseas transfers, Handling Charges, Cable Charges and Correspondent Bank Charges will be placed. For DBS Remit, all these charges will be waived.
    Charge TypeTransfer CurrencyDestinationFee
    Handling ChargesAny currencyOverseasHK$100 per transaction (waived for DBS Treasures customers)
    Cable ChargesAny currencyOverseasHK$100 per transaction
    Correspondent Bank ChargesCNYMainland ChinaAt cost
    CNYOverseasHK$250 per transaction
    EUR / GBPOverseasHK$400 per transaction
    HKD / USD & other currenciesOverseasHK$250 per transaction
  2. Will Correspondent Bank Charges be debited from the transfer fund amount?
    If you transfer via DBS Remit, the Correspondent Bank Charges will be waived.
    If you transfer via general overseas transfer, you can choose “Charge to me” or “Charge to payee”.

    “Charge to me”: The Correspondent Bank Charges will be charged from your debit account.
    “Charge to payee”: The Correspondent Bank Charges will be charged from the transfer amount.

  1. How long does it take for recipients to receive the funds?
    In general, the recipient will be able to receive the funds within 1 to 3 working days of the recipient bank from the transfer date. However, this may vary depending on the destination or bank to which the payment is made.

  2. Why hasn’t the recipient received the funds?
    If the transaction status is “Sent”, but the recipient still hasn’t received the funds, it may due to the local clearing process of the recipient bank. Please check with the recipient bank.
    If the transaction status is “Error” or “Reject”, please call our Customer Service hotline.

  1. Can I transfer funds via DBS digibank to recipients whom I added in DBS iBanking before?
    Yes, you can and vice versa; you can also make transactions via DBS iBanking with recipients added on DBS digibank.

  2. Can I view the record of overseas transfer via DBS iBanking on DBS digibank app?
    Yes, you can view your online overseas transaction history on both DBS iBanking and DBS digibank.

  3. How many transaction records can I view on DBS iBanking or DBS digibank?
    In DBS iBanking, you can view your last 5 transactions records in “DBS Remit and Overseas Transfer” under “Overseas Transfer History”, and view all transactions records in the past 6 months by clicking “View All”.
    In DBS digibank, you can view your last 10 transactions records over the past 6 months under “RECENT”.
 

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