Make international transfers in a wide range of currencies quickly
Make international fund transfers quickly and conveniently with DBS outward Telegraphic Transfer (OTT). Through this service, you can transfer money in a wide range of currencies all over the world. Your beneficiaries receive funds between one to four working days, depending on the currency, destination and the agent or beneficiary banks.
Why choose DBS Telegraphic Transfer?
To ensure that your application is processed efficiently, please provide the following information:
The cut-off time is 2pm on a working day for same day processing. Applications made after the cut-off time will be processed the next working day.
Payment instructions received before 2pm will be processed on the same day and sent to the beneficiary bank.
Generally, the beneficiary should receive the funds within one to four working days. However, this may vary depending on the country or the bank to which you are sending the money to.
Yes, we can send an enquiry to the overseas bank to check whether the payment has been made. However, there is a fee charged for this.
Simply select “We pay all bank charges/agent charges: Ourselves” during the application in order to ensure all processing fees are charged to your account. However, in some cases a payment may not be credited in full as the beneficiary bank may still levy a charge or fee for receiving the funds.
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