How to send money into a bank account

 

At a glance

Whatever you’re sending money overseas for, DBS Remit makes transfers effortless and stressless. Just 3 taps and you’re done. And with our new tracking feature, you’ll know where your money is every step of the way.

Send securely within the same day to 50+ destinations: Australia, Bangladesh, Canada, Eurozone countries, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mainland China, Myanmar, New Zealand, Philippines, Thailand, UAE, UK, USA and Vietnam. It’s quick and worry-free. Now that’s POSB digibanking!

 

What’s new

NEW destination: Bangladesh

We are pleased to share the launch of a new destination – Bangladesh on DBS Remit! You can now transfer funds to recipients’ bank accounts or opt for cash pick-up in Bangladesh and enjoy same-day delivery with S$0 fee. Only via your POSB digibank app.

 

Send in 3 steps. Zero fuss.

You’ll save time anytime with hassle-free sending.

1. Tap Overseas Transfer
2. Enter amount and recipient
3. Review and Send

 

Better rates. Zero fees.

DBS Remit gives you competitive, locked-in rates with no transfer fee, so there’s no unpleasant surprises. You’ll even enjoy preferential rates when you send SGD50,000 or more.

Rates shown below are indicative. Click on ‘Try it out’ button and log into digibank now.

Country

You are Sending

Recipient Gets

Exchange Rate:

 

Track status live. Zero anxiety.

You can keep track of your transfer status on the digibank app so you know exactly where it is. You’ll be automatically alerted when it reaches your recipient, and if your transfer is unsuccessful.

• Track your payment status1
• Receive status updates2 via push notifications
• Keep recipients informed and share payment details via WhatsApp

Footnotes:
1 As at 1 July 2021, this tracking feature is only available for all DBS Remit transfers to Hong Kong and India.
DBS Remit can also be tracked for:

2 The transaction status displayed is based on information provided to DBS by the agent and recipient banks in its network. This information is provided on a best-efforts basis and may be subject to changes beyond DBS’ control.

 

Shiny new features

Check transfer rates anytime

No extra fees. No extra obligations.

Remit sooner than ever before

Simply tap ‘Overseas Transfer’ when you launch your digibank app.

 

Who uses DBS Remit

Family allowance — for those who miss home

When home seems far away, we connect you back in ways you can trust.

Investments — for those who reach higher

Earn a headstart on your financial goals when you remit with us.

Shopping online — for those who live larger

Getting your money where it needs to be is as easy as can be.

 

Know more

• Learn about our fee exceptions
• See our handy cut-off timings table
• Plan ahead with our holiday schedule
• Gather insights from our expert articles
• Take note of important info when remitting with country-specific information

Need more help that that?

Get all the answers you need here.

Find out more

 

New to POSB? Get started.

Open an account and start digibanking for branchless, paperless and waitless banking experience that’s intuitive, invisible and intelligent.

Simply download the POSB digibank app and sign up with MyInfo to get access to My Account, DBS Visa Debit Card and more.

For foreigners, please prepare these required documents to open an account.

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