dbs-ideal-overseas-transfer

Overseas Transfers

Make international money transfers efficiently anywhere in the world

Overseas Transfers

Make international money transfers efficiently anywhere in the world

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

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

Step-by-step video guide
Overseas transfers have never been easier.

Watch this video to learn how to make payments through DBS IDEAL in 3 easy steps:

  • Step 1: Login to DBS IDEAL
  • Step 2: Make overseas payment
  • Step 3: Approver confirms payment / approval details
​​​​​​​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!