At a Glance

When you’re transferring money to your loved ones abroad, you also transfer joy.

With digibank Remit, you can now transfer money across 40 countries, including USA, UK, Australia and Singapore at zero fees. What’s more? It’s quick & paperless with same day transfers.

 

Benefits

Key benefits of online overseas transfer:

Same day delivery

Your money will be delivered on the same day if transfer initiated before cut-off time

Zero fees*

We will not charge you any fees. No fees imposed on your recipient either

Competitive exchange rate

 

Guaranteed delivery of full credit to your recipient in following corridors

  • Sending USD to USA
  • Sending GBP to the United Kingdom
  • Sending AUD to Australia
  • Sending EUR to the Eurozone
  • Sending SGD to Singapore
  • Sending CAD to Canada
 
 

Cut off time

For the countries listed below, initiate transfer successfully before the cut-off time and your money will reach your recipient within the same day. If your transfer was funded after the cut-off time, your money will reach the recipient on the next working day (from the time your transfer was initiated).

CountryIN (IST) Time for same day transfer
USA (in USD)2:00 PM
Australia (in AUD)9:00 AM
UK (in GBP)2:00 PM
Eurozone (in EUR)2:00 PM
Hong Kong (in HKD)1:30 PM
Singapore (in SGD)2:00 PM
Canada (CAD)2:00 PM

For all other countries or if your transfer to the above countries is in a non-local currency, your transfer will reach the recipient within 1-3 working days from the time your transfer was initiated successfully before cut-off time.

 

*Fees and Charges

For the following currency and country combinations, there are no fees charged by DBS:

Currency and CountryBank FeeAgent FeesGST
  • USD to USA
  • GBP to United Kingdom
  • AUD to Australia
  • EUR to Eurozone
  • HKD to Hong Kong
  • SGD to Singapore
  • CAD to Canada
FreeNot applicableAs applicable from time to time, will also be applied to your transaction
Any other currency / country combinationINR 500Agent fees, if applicable, will be charged

Our product benefits have got your attention, right? Now click here to view the Demo Video to get you started.

For more details, please check out FAQs here.

 

Frequently Asked Questions

Login to your digibank Internet Banking and click on 'Overseas Transfer' tab under 'Pay & transfer'. You need to add new overseas payee by providing bank account details or 'Start a transfer' if your payees are already added. You will receive confirmation on successful processing of the payment request on your registered mobile no. and email Id.


Post login to digibank Internet banking, you will be required to add new overseas payee before initiating an overseas payment. Please keep required details handy like payee full name, account no., bank details etc. to add overseas payee. For added security, adding new overseas payee is secured with a digital token and following steps need to be done for confirming new payee on digibank Internet Banking.

  • An sms with challenge code will be sent to your registered mobile number.
  • Open digi app and find 'Digital Token' on pre-login page. No need to log into the app.
  • Enter challenge code to generate OTP on digi app.
  • Enter this OTP on the internet banking screen for confirming new overseas payee.

Please ensure that you have downloaded and logged into digi app at least once before adding a new overseas payee. 

Once the payee is set up, your newly added payee will be saved so that you don’t need to enter them all over again in your next transfer.


Currently, remittances overseas are not permitted on mobile application in accordance with extant law/regulation in India. You will be able to initiate an overseas transfer from digibank Internet Banking page which can be opened on your mobile.


There are no documents required for transferring funds overseas as required payment details and declaration are collected digitally while submission of the overseas transfer request on digibank Internet Banking. Please go through the Terms & Conditions (T&C) and FEMA declaration that are provided on our website. You will have to agree and confirm applicable T&C and declaration before transaction submission and by virtue of you accepting these, it would be deemed that you agree to these.


Money can be sent overseas for following purposes:

  • Maintenance of Family / Close Relatives Abroad
  • Education Abroad
  • Medical Treatment Abroad
  • Emigration
  • Other Travel (Including holiday trips & settlement of international credit card transactions)
  • Business Travel
  • Travel for Education (including fees, hostel expenses etc.)
  • Travel for Medical Treatment
  • Travel for Pilgrimage
  • Gifts / Donation

There is minimum limit of USD 10 per transaction. The maximum transaction limit for overseas transfer is USD 25,000 per transaction which is also the maximum daily transaction limit. The annual transaction limit is USD 250,000 or equivalent.

The maximum limit of USD 250,000 or equivalent per year for transferring money abroad under Liberalized Remittance Scheme (LRS) is applicable for a customer for all transactions routed through all permissible channels / Authorized Dealers Banks (subject to any purpose specific limit specified by Reserve Bank of India).

 

How to Use digibank remittance services

For digibank users

  • Using the digibank ibanking website
  • Log in and click on "Overseas Transfer" tab under "Pay & Transfer"

Login Now

New to digibank?

  • Download the App and sign up for a full savings account.
  • Then login to your digibank Internet Banking website

Android     Apple

Thank you. Your feedback will help us serve you better.

Was this information useful?

Thank you for your feedback
Let us know how this article helped:
We're sorry to hear that.
How can we do better?
Enter only letters, numbers or @!$&-/()',.