remittances

Global Remittances

Make domestic and international money transfers efficiently anywhere in the world

Global Remittances

Make domestic and international money transfers efficiently anywhere in the world

At a Glance
Send your money domestically and across the world from DBS Business Account via Clearing House Automated Transfer System (CHATS) and Telegraphic Transfers (TT).
currencies

Various Currencies

Make remittances and transfer money in 16 major currencies and 23 exotic currencies of your choice

time

24x7 Account Transfer

Account Transfer in the same currency can be done any time 24 x7, including weekends and public holidays

time

10 minutes

Transferring between DBS Business Accounts? Complete the process in just 10 minutes

Features & Benefits
money

Enjoy the benefits of PriorityPay

Funds credited within 10 minutes for transfers made using the DBS network. Receive credit confirmation when the funds have been credited to the beneficiary's account with DBS.

money

Track your money easily

DBS is the first bank to offer end-to-end payment tracking for telegraphic transfers in Hong Kong, using SWIFT gpi.

How to Apply

Arrange for a call with our Relationship Managers to learn more about DBS global remittance services for SMEs in Hong Kong.

Call us at 2290 8068.

New to DBS?
Apply DBS Online Account Opening for Business and enjoy the convenience of IDEAL online banking.

Already a DBS SME Banking customer?
Apply for DBS IDEAL now.

Note:
*MMK is not available currently

FAQs
What is the cut-off time*^ for non-RMB Clearing House Automated Transfer System (CHATS) and telegraphic transfers (TT)?

For remittance instructions submitted over IDEAL:

CHATS (HKD & USD) and TT(HKD, USD, GBP, EUR): 5:30pm
TT for other currencies (except RMB): 5:00pm**
Remittance payment instructions submitted via other channels will be cut-off at 3:30pm (except RMB)

Applications submitted after the cut-off time will be processed on the next working day.

Note:

*Monday to Friday, except on Public Holidays

**TT for SGD to non-DBS Singapore accounts cut-off at 4:00pm

^Effective from 2 March 2015

Can HKD and USD be paid or transferred via CHATS on Saturdays?

No, there is no CHATS service on Saturdays since the official five days clearing system was implemented in Hong Kong.

Can USD be paid via CHATS on a National Holiday in USA while Hong Kong is a working day?

Yes, USD can be paid via CHATS in such a case.

For remittance instructions submitted over IDEAL, what is the cut-off time* for RMB CHATS and RMB TT transactions?

CHATS (without FX): 5:30pm
CHATS (with FX): 4:00pm
TT: 4:00pm

Applications submitted after the cut-off time will be processed on the next working day.

Note:

*Monday to Friday except on Public Holidays

For remittance instructions submitted via DBS branch, what is the cut-off time* for RMB CHATS and RMB TT transactions?

CHATS (without FX): 3:30pm
CHATS (with FX): 2:00pm
TT: 2:00pm

Applications submitted after the cut-off time will be processed on the next working day.

Note:

*Monday to Friday except on Public Holidays

How do I make international money transfer into my DBS Business Account?

Please refer to the Inward Payment Guide.