Process your recurrent high volume transactions, such as payment of salary, with our cost effective Autopay services
DBS Autopay offers a convenient, efficient and low-cost bulk payment services to corporate customers. You can make bulk payments such as supplier and payroll instructions easily via our IDEAL™3.0. With the full set of status reports, you can also reconcile your payments and manage your funds to run your business efficiently and effectively.
IDEAL™3.0DBS IDEAL™3.0, our corporate online banking platform offers you an easy to use online platform that makes your Autopay submission faster, simpler and smarter. To save your time from creating bulk transaction repeatedly, bank and beneficiary libraries are available to ensure you’ll always be able to access the most up-to-date and accurate beneficiary details. In addition, with the payment template feature, making repeated payments are just a few clicks away. To further streamline your company’s payment and reconciliation processes, you can also integrate your ERP system with IDEAL™3.0.
Types of AutopayWe have 3 types of Autopay instructions to suit all your business needs
Why choose DBS Autopay?
DBS IDEAL™ 3.0, our corporate online banking platform features a comprehensive range of products and services to manage your working capital. Whether you are looking to monitor for incoming funds, view remittance advice and statement for reconciliation purposes, or simply pay your employees and suppliers, IDEAL™ 3.0 offers you an easy to use platform that makes banking faster, simpler and smarter.
The cutoff time of Payroll instructions via IDEAL™3.0 is 12:30pm, instructions submitted before the cutoff will be processed on the same day. The cutoff time of Autopay and Bulk Payment via IDEAL™3.0 is 7pm. Instructions submitted before the cutoff will be processed in the next business day.
Although Autopay is Hong Kong local payment, you can still create and submit the payment instruction from overseas via IDEAL™3.0.
How do I apply?
Make an Appointment or call DBS Business Care at 2290 8068 and we’ll arrange for a Relationship Manager to speak with you.