Functional Enhancements of DBS Online and Mobile Banking

With effect from 5 May 2015, the following new features will be implemented on DBS iBanking and DBS mBanking:

  • When you wish to set the daily limit of funds transfer to non-registered third party accounts at a level higher than HKD10,0001, you can now do so via DBS iBanking with your Secure Device and SMS One Time Password without having to submit an application form at our branch. The new daily limit will become effective on the next calendar day.
  • The daily limits of bill payment via DBS iBanking and DBS mBanking will be revised as follows:
    Categories of MerchantsCurrent Daily Limits (HKD)New Daily Limits (HKD)
    Tax 1,000,000 500,000 1,000,000 500,000
    Securities Broker 300,000 0 500,000 0
    Banking and Credit Card Services 100,000 0 500,000 0
    Credit Services 100,000 0 500,000 0
    Sports and Leisure 100,000 0 500,000 0
    Other Merchants 100,000 100,000 500,000 500,000

With effect from 3 May 2015, the amount of scheduled funds transfer or bill payment will be deducted from the relevant daily limit on the date the instruction is submitted, instead of the date the transaction is executed.

Should you have any enquiries, please call our Customer Services Hotline at 2290 8888 (press 6 and then 1 after language selection).

DBS Bank (Hong Kong) Limited
30 April 2015

  1. For details on individual daily transfer limits, please refer to “Preference” > “Manage Transaction Limit” on DBS iBanking.