iBanking Privileges

iBanking Privileges

Rated Best Consumer Internet Bank by Global Finance for 2007 & 2008 with more than 85 services, DBS iBanking provides you total convenience to enjoy the freedom of banking on-the-go! Check out the privileges offered to our iBanking customers.

Preferential Rates

Banking Services DBS 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$30 or 1/8% of S$ 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 For amount below S$5,000. Cable/Telex charges apply.


Banking Services DBS Vickers Online
(via iBanking)
Other Brokerages
Trading Real-time cash top-up from DBS/POSB bank accounts to DBS Vickers online trading account for cash upfront trading No real-time linkage between bank account and trading account to facilitate cash upfront trading
0.18%or minimum S$181 Average of 0.275%2 or minimum S$25

1 For all cash upfront trades (Singapore market only).
2 For online cash trades in Singapore market by other major local brokerages. Information correct as at 03 Apr 2012.

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