DBS Bank (Hong Kong) updates on FPS
Consumer Banking
Corporate Banking
Ways of Registration
Customers can start registering their mobile number or email address with Faster Payment System (FPS) from 17 Sep onwards, by linking with their default bank accounts.
Corporate customers, including SMEs, can start registering their mobile number, email address or ask for a FPS proxy ID from 17 Sep onwards, by linking with their default bank accounts.
Available Platform
- DBS iWealth
- DBS digibank
- DBS iBanking
Registration can be done via both online and the app
- DBS IDEAL (the app)
- DBS IDEAL (online banking)
Service
Customers can make real-time fund transfers (RMB & HKD) to payee directly to their mobile number, email address or proxy ID from 30 Sep onwards, where bank account number is no longer needed
Charge
Free of charge for DBS customers
Website
https://www.dbs.com.hk/personal-zh/deposits/payments-transfers/FPS/PayFast
https://www.dbs.com.hk/sme-zh/day-to-day/payments/fps.page
Remarks
It supports small-value transfer of HKD10,000 per day without extra authentication needed. DBS customers can also make fund transfer amount (registered payee) up to HKD1,000,000 by using Secure Device
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About DBS DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.Recognised for its global leadership, DBS has been named “Best Bank in the World” by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for ten consecutive years from 2009 to 2018.DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 26,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.
