How can Telegraphic Transfers (TT) benefit you?
    Send money from your DBS Business account to anywhere in the world. Enjoy added ease on transfers within the DBS network.

    Various currencies

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

    Track your money easily

    DBS is the first bank to offer end-to-end payment tracking for telegraphic transfers, powered by SWIFT gpi

    Get payment status in real-time

    Upon sending a telegraphic transfer (TT), you will know when funds have been received or if they are still being processed. Payments made from DBS accounts can be tracked with SWIFT global payments innovation (SWIFT gpi)

    Input remittance details

    Include up to 140 characters of information to give your beneficiary more payment details when making remittance payments

    How can PriorityPay benefit you?
    With DBS PriorityPay, you can make telegraphic transfers online to any DBS account across our regional network in just 10 minutes.

    Speedy

    Beneficiaries of DBS PriorityPay inward remittance services are credited within 10 minutes for eligible currencies and corridors*

    Cost-effective

    $0 correspondent bank fee for international money transfers and complimentary remittance service for all DBS SME customers via IDEAL

    Transparent

    Receive an email/SMS alert once the beneficiary is credited

    Input remittance details

    Include up to 140 characters of information to give your beneficiary more payment details when making remittance payments

    * Subject to regulations in the beneficiary market

    User Guide

     

    Slide 1
    Go to Pay & Transfer > Pay Local / Overseas Payee.
    Slide 2
    Select your debit account for the payment.
    Slide 3
    Select payee from the saved list, or input the payee details and payment details.
    Slide 4
    Select the payment date. Then select the currency and enter the payment amount.
    Slide 5
    For FX payments, you can either use the pre-booked FX contract or manually add an FX contract.
    Slide 6
    For FX payments, you can either use the pre-booked FX contract or manually add an FX contract.
    Slide 7
    Review the payment details and submit.
    Slide 8
    You may attach documents and send messages to the approver.
    Slide 9
    You can easily approve the transaction by swiping on the DBS IDEAL Mobile app – and it’s done!
    SMART TIPS FOR SAVVY BUSINESSES

    In a hurry?

    Do you want to make fast payments that you can track? SWIFT gpi brings speed and transparency to cross-border payments.

    • Get notified when your supplier/beneficiary’s account has been credited
    • Same-day use of funds for your cross-border payments. Subject to the cut-off time of the receiving bank
    • Credited amount and FX rates applied are readily available

    Enjoy better cash management and greater digital convenience today!