DBS PriorityPay - Telegraphic Transfer | DBS HK Corporate Banking

DBS PriorityPay

Faster telegraphic transfers within the DBS network

DBS PriorityPay

Faster telegraphic transfers within the DBS network

At a glance

DBS PriorityPay lets you transfer funds to any DBS account across our DBS network instantly. You can also sign up to receive an alert once your beneficiary's account has been credited.

How it works

Benefits

Speed

Beneficiaries credited within 10 minutes for eligible currencies and corridors*

Cost effective

$0 Correspondent Bank fee. Complimentary service for all DBS customers

Transparent

Receive an email/SMS alert once the beneficiary is credited

* Subject to regulations in the beneficiary market

Features

Access information easily

Through end-to-end cross-border payments

Increase your efficiency

Better cash management and faster turnaround time.

Get payment status in real-time

Know when funds have been received or if they are still being processed

Input remittance details

Include up to 140 characters of information to give your beneficiary more payment details

How to apply

Simply call our DBS Business Care at 2290 8068 to fix an appointment or email [email protected]. Our Relationship Manager will be glad to assist you.

FAQs

	How can I make a payment through DBS PriorityPay?
	If your beneficiary has a DBS account in the region, your telegraphic transfer will be sent via DBS PriorityPay.

	Which overseas DBS branches participate in DBS PriorityPay?
	All telegraphic transfers between the following branches: DBS Singapore DBS Hong Kong DBS China DBS India DBS Taiwan DBS Indonesia DBS Vietnam DBS Australia

	What are the supported currencies?
	DBS PriorityPay supports up to 6 payment currencies. US Dollar, Euro, Great Britain Pound, Singapore Dollar, Hong Kong Dollar, Canadian Dollar¹ ¹ – not available for DBS Vietnam, DBS Australia

	Are there any additional charges?
	No. This is a complimentary service for our customers.

	How do I sign up for the credit confirmation alert?
	Just follow these easy steps: Go to IDEAL Dashboard Choose ‘Create and Manage Alerts’ Scroll down to find ‘Credit Confirmation Alert’ Click on ‘Create personalised alert’ to complete the setup