Starting from 8 Oct 2023 , the limit per transfer (HKD or CNY) for eDDA Transfer In for the following three supporting banks will be lowered: The Hongkong and Shanghai Banking Corporation, Bank of China (Hong Kong) and Hang Seng Bank. Limit per transfer of linked accounts with these banks will be bound by their respective latest default limits (previously customised limits may also be changed automatically). The changes are as below:
Supporting Banks |
Limit per transfer (HKD or CNY) |
The Hongkong and Shanghai Banking Corporation |
50,000 |
Bank of China (Hong Kong) |
49,999 |
Hang Seng Bank |
100,000 |
Limit per day (HKD or CNY) will remain unchanged at HKD/CNY 1M per day.
Also, from 8 Oct 2023, eDDA Transfer In Service will support set up with Fubon Bank (Hong Kong) Limited. Customers may login to DBS digibank HK app, select “Payment & Transfer” > “eDDA Transfer In” to set up.
At a Glance |
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We’ve made it easy to transfer funds to your DBS account from your other local bank accounts, so you can seize investment opportunities to grow your wealth or settle payments in time!
Link your other local bank accounts1 with us to set up an electronic direct debit authorisation (eDDA*), then transfer in with simple steps via DBS digibank HK app.
Transfer in up to HKD/CNY 1 million2
Customise your daily limit and single transaction limit to meet your needs
Enjoy peace of mind with instant approval and notifications
You will be notified immediately if the account linking is successful or the money has arrived
24x7 service with $0 handling fees
eDDA is powered by The Faster Payment System (FPS) for instant3 and secure transactions
One-off set up, transfer-in as often as you wish
Transfer in with simple steps after linking your other local bank accounts4 with us
Receive and allocate funds with ease
You can transfer in via DBS digibank HK app from your linked account without switching to or logging in another banking app
* eDDA (Electronic Direct Debit Authorisation) is supported by The Faster Payment System which is provided and operated by Hong Kong Interbank Clearing Limited. Use of related bank services supported by The Faster Payment System are subject to terms and conditions. Please refer to the terms and conditions relating to The Faster Payment System under section M of the Bank Account and Services Terms and Conditions.
1 Available to selected banks only.
2 The daily limit and single transaction limit may vary across banks.
3 The exact timing of debiting funds to your DBS account will be subject to the operation of Payer Bank.
4 eDDA only supports transfers from the customer’s same-name accounts at other banks to the customer’s DBS account (and not to a third party). The customer should ensure details of the personal information are the same between the accounts and that the account they would like to link from Payer Bank is valid. DBS will only verify whether the DBS account selected to receive funds is eligible and there is no duplication in eDDA set-up instructions. The acceptance of the eDDA set-up instruction will be subject to the payer banks’ approval.
Step 1: Log in and go to Pay & Transfer > Transfer In > Link & Transfer In 1 You can activate your Digital Token immediately via DBS digibank HK. Please click here for details. |
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Step 1: Log in and go to Pay & Transfer > Transfer In > Link & Transfer In 1 You can activate your Digital Token immediately via DBS digibank HK. Please click here for details. |
Step 1: Log in and go to Pay & Transfer > Transfer In |
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Step 1: Log in and go to Pay & Transfer > Transfer In |
Please note that the minimum transaction limit cannot be adjusted.
To reset the maximum daily or transaction limit after the account has been linked, or to change currencies (HKD or CNY), please delink the account and set up again.
Step 1: Log in and go to Pay & Transfer > Transfer In |
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Step 1: Log in and go to Pay & Transfer > Transfer In |
This is an immediate fund-in capability within DBS mobile banking by leveraging an FPS-supported service called eDDA that allows you to:
1) set up authorisation on debiting your other local bank accounts
2) submit immediate fund-in instructions
There are several possible reasons for the failure:
If you have checked the above reasons and retried, but still encounter setup failure, please check with your other bank(s) for details.
1For example Fusion Bank and ZA Bank, which may be subject to changes implemented by the banks from time to time.
2You must activate their particular limit at your other bank(s) before proceeding with our eDDA Transfer In service in DBS digibank HK app
3Applicable to Citibank (Hong Kong), which may be subject to changes implemented by the bank from time to time
Recurring transfers from other banks only allow you to transfer a fixed amount to your DBS account at a fixed frequency.
eDDA Transfer In Service offers the flexibility to instantly transfer any amount (within the prescribed limit) to your DBS account from the linked bank anytime.
Except for banks1 which have their own transfer limits2 to control funds flow into same-name /unregistered beneficiaries accounts at other banks, most payer banks use the daily transfer-in limit that you set when linking accounts (i.e., HKD1,000,000 in this example) in DBS digibank HK App to approve your maximum eDDA transfer in amount.
1For example Fusion Bank and ZA Bank, which may be subject to changes implemented by the banks from time to time
2You must activate their particular limit at your other bank(s) before proceeding with our eDDA Transfer In service in DBS digibank HK app
Terms and Conditions apply. Please refer to Faster Payment System section under section M of the Bank Accounts and Services Terms and Conditions.
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