Pay Online

iBanking now allows you to send cheques, cashier's orders and standing instructions online for free! Only iBanking offers you the best deals.

Banking Services POSB iBanking DBS/POSB Branches Other Banks1
Send Cheque FREE N.A N.A
Cashier's Order FREE S$5 Ranging from S$5 to S$10
Standing Instructions FREE S$10 From S$10 onwards
Demand Draft Min S$5 or 1/8% of S$ equivalent of remittance amount. Max S$120. Min S$10 or 1/8% of S$ equivalent of remittance amount2. Max S$120. Min S$20 or 1/8% of S$ equivalent of remittance amount. Max S$200.
Remittance (Outward Telegraphic Transfer) $5 handling commission for amounts below S$5,000 Min from S$10 or 1/8% of S$ equivalent of remittance amount3. Max S$120. Min from S$20 or 1/8% of S$ equivalent of remittance amount. Max S$200.

1 Comparision based on other major local banks' rates. Information correct as at 03 Apr 2012.
2 Excluding postage charges of $2.50 (for local delivery) or $4 (for overseas addresses).
3 Cable/Telex charges apply.


Set up Standing Instruction

Set up standing instruction for FREE via iBanking. You may choose to transfer a fixed amount in S$ from your DBS or POSB savings or current account, to a designated crediting account on a regular basis (eg. weekly, monthly, quarterly). The designated crediting account may even be an account belonging to a third party with DBS, POSB or another bank.

Pay Easy: Mail iBanking Cheque

Now you can order a cheque online and have the bank mail it out for you. A convenient and fast service which allows you to pay anyone, anywhere.

Click here for more information.

Pay Easy: Mail Demand Draft

Now you can order a demand draft online and have the bank mail it out for you. A convenient and fast service which allows you to pay anyone, anywhere.

Click here for more information.

Pay Easy: Add/Delete New iBanking Cheque/Demand Draft Payee

Now you can add/delete new iBanking cheque/demand draft payee.

Purchase Cashier's Order/Demand Draft

Purchase your cashier's order for FREE and demand draft for as low as a minimum commission charge of $5 via iBanking.

Remittance

You can now transfer funds to an account in an overseas bank (for selected countries) from your SGD Savings/Current Accounts via iBanking.

  • You can submit your application via iBanking anytime as the service is available 24 hours, 7 days a week.
  • All payments will be processed on the same working day (as long as they are submitted before 1400 hours Singapore time). Payment requests submitted on Saturday, Sunday and Public Holidays will be processed by the next working day.
  • The foreign exchange rates used will be the prevailing rate applicable for branch and online telegraphic transfers on the day the transaction is processed.
    Please click here to view today's foreign exchange rates.
  • Payments will made using the SWIFT network and should generally reach the destination within 2-4 working days from the processing date.

Countries and Currencies

You can now remit your funds to over 60 countries via iBanking in the comfort of your home.
Select the country you wish to remit your funds to and the currency type will be displayed.

Destination Country Currency Used
Select a Country Andorra Argentina Australia Austria Bahrain Bangladesh Belgium Bhutan Brazil Brunei Bulgaria Cambodia Canada Chile China Cyprus Czech Republic Denmark Egypt Finland France Germany Hong Kong Hungary India Indonesia Ireland Italy Japan Korea, South Kosovo Kuwait Laos Luxembourg Macau Malaysia Maldives Malta Mexico Monaco Mongolia Nepal Netherlands New Zealand Norway Oman Papua New Guinea Peru Philippines Poland Portugal Qatar Russia San Marino Saudi Arabia Slovakia Slovenia South Africa Spain Sri Lanka Sweden Switzerland Thailand Turkey UK United Arab Emirates USA Vatican City Vietnam

Promotion

Amongst the banks in Singapore, POSB Internet Banking is delighted to offer you one of the lowest charges to send money overseas.

Payment Amount Handling Commission Cable/Telex Charges Total *
Up to S$5000 $5 $20 $25
S$5001 and above** $10 $20 $30

* As in all overseas remittances the agent bank and receiving bank may impose some transaction charges.

** Maximum remittance amount via Internet Banking is S$25,000.

Bill Payment

POSB iBanking allows you to manage your regular payments and pay a wide range of organizations online. Talk about freedom and control. Our payments services are offered free or at a discounted rate.

You can pay bills to any of our 165 bill payment participating organizations. You may select to do an ad-hoc payment, or choose from your own list of pre-arranged records. You may also set your payment date up to 30 days in advance.

Click here to find out more about other ePayment Services.

Top up PayPal

DBS/POSB offers you a new way to shop online-one without credit or debit cards. Simply top-up your PayPal account with your DBS/POSB Savings or Current Account via DBS/POSB iBanking, and gain instant access to thousands of online stores worldwide.

Click here to find out more on PayPal.

Add New Billing Arrangement

For easy payment, you can store the details of your regular bills with us. Upon arrangement, you just need to select the pre-arranged record to make your payment. Besides debiting funds your Savings/ Current Account and Credit Card can also be selected.

For bill payment from POSB Credit/Charge cards, customers are able to pay to all the corporations on the list except:

  • HDFC Bank
  • DBS Cashline
  • POSB Mastercard
  • DBS Amex/Visa/Mastercard
  • ICICI Bank
  • POSB Cards - Membership

Delete Billing Arrangement

You may delete inactive Bill Payment records.

View/Delete Postdated Bill Payment

You may view/delete Postdated Bill Payment.

Add Interbank GIRO Arrangement

You can add Interbank GIRO linkage between your DBS/POSB account and the participating organizations.

Update GIRO Payment Limit

You can now update your GIRO payment limit on iBanking which can be found under GIRO: Manage GIRO Arrangements.

This gives you the flexibility to update their GIRO payment limits in multiple accounts under 1 transaction. However please note that you can only submit 1 payment limit update per GIRO arrangement in one day. Any additional requests will be rejected by the system. The new GIRO Payment limit will be effective within 4 working days from your request submission date. Please note Joint-all accounts will not be applicable for this service.

View/Delete GIRO Arrangement

You can view/delete Interbank GIRO linkage between your DBS/POSB account and the participating organizations.

Interbank GIRO Enquiry

You can view the status of the Interbank GIRO linkages of your DBS/POSB accounts.

*Existing iBanking customers, click here to apply for your GIRO now!

*Not an iBanking customer yet? Click here to sign up now!

Cheque Status Enquiry

You can enquire on the status of your issued cheques including Cashline accounts, whether they have been paid, returned or are pending clearance.

Credit/Charge Card Enquiry

You can view the credit limit, available limit, full payment, minimum payment, payment due date, rewards points, and transaction history for unbilled transactions, current statement and previous statement of all your POSB credit/charge cards (including your supplementary cards)

Debit Card Enquiry

You can get the details on transactions that have been paid for, and transactions pending settlement, of your DBS MoneySmart Debit Card and POSB MasterCard Debit Card.

Transaction History

You can enquire on the transaction details of your S$ Deposit and Foreign Currency Fixed Deposit Account. You may enquire details based on selected date up to the past 2 months, as well as choose from five sorting preferences. The transaction history download function allows you to download your account details in Microsoft Excel or Lotus 123 format to your personal computer.

Change d2pay Limit

You can manage your own daily limits for d2pay service - online shopping made easier.

Click here to know more about d2pay

Make OTP Application

Now you can apply for OTP via iBanking.
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