Faster telegraphic transfers within the DBS network
The DBS PriorityPay is a value added service enabling our Corporate customers to effect faster telegraphic transfers within the DBS Regional network. Corporate customers can also sign up to receive an alert once their beneficiary's account has been credited
Key features include:
Faster : Beneficiaries credited within 10 minutes for eligible currencies and corridors *
Transparency : Receive an email/sms alert once the beneficiary is credited
* Subject to regulations in the beneficiary country
How does a customer initiate a DBS PriorityPayment ?
Telegraphic transfers effected by customers will automatically be transformed into PriorityPay if the beneficiary account is within the DBS network i.e. with one of the overseas DBS Branches mentioned below
Which are the participating DBS branches for PriorityPay?
All telegraphic transfers between the following branches will be considered as a PriorityPay.
DBS Hong Kong
Which are the supported currencies?
The following payment currencies will be supported under DBS PriorityPay. US dollar, Euro, Great Britain Pound, Swiss Franc, Australian Dollar, New Zealand Dollar, Japanese Yen, Singapore Dollar, and Hong Kong Dollar
How do we access DBS PriorityPay on IDEAL?
Telegraphic transfers effected via IDEAL will automatically be transformed into PriorityPay if the beneficiary account is within the DBS network i.e. with one of the overseas DBS Branch mentioned below
Are there any additional charges for this service?
No. There are no additional charges for this service
What do customers need to do to enjoy the benefits of DBS PriorityPay?
There is no special setup required. To receive the credit confirmation alert, customers will need to do a one-time sign up for the e-Alert on IDEAL
How do customers sign up for the credit confirmation alert?
Customers can sign up for the credit confirmation on IDEAL under the following: IDEAL Dashboard -> Preferences -> Alerts/Reminders
How do I apply?
Simply call us at DBS BusinessCareIndonesia with phone number (021) 1500 327/ 69 327 (via mobile phone) or alternatively you may call your Relationship Manager during operation hours Monday – Friday at 08:00 – 17:00 WIB, except national public holiday