remittances

Remittances

Make domestic and international transfers efficiently anywhere in the world

Remittances

Make domestic and international transfers efficiently anywhere in the world

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

Various Currencies

Transfer money in 16 currencies of your choice

time

24x7 Account Transfer

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

time

10 minutes

Transferring between DBS accounts? It’s done in 10 minutes

Features & Benefits
money

Enjoy the benefits of PriorityPay

Funds credited in 10 minutes for transfers within DBS network.  Receive credit confirmation when the funds is credited to the beneficiary's account with DBS

money

Track your money easily

DBS is the first bank to offer end-to-end payments tracking for telegraphic transfers in Hong kong, using SWIFT gpi

How to Apply

Arrange for our Relationship Manager to call you.
Call us at 2290 8068.
New to DBS?
Apply Business Account and enjoy the convenience of IDEAL online banking.
Already a DBS SME Banking customer?
Apply DBS IDEAL now.

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) is 5:30pm
TT for other currencies (except RMB) is 5:00pm**
Remittance 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 cutoff at 4:00pm

^Effective from 2 March 2015

Can HKD and USD be paid 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.

What is the cut-off time*^ for RMB CHATS and RMB TT transactions?

For remittance instructions submitted over IDEAL:

CHATS (without FX) is 5:30pm
CHATS (with FX) is 3:45pm
TT is 3:00pm


For remittance instructions submitted via other channels:

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

^Effective from 2 March 2015

How to make a payment from overseas to my DBS account?

Please refer Inward Payment Guide for the details of guideline.