Accounts

Remittances

Our remittance services help you transfer funds between your DBS Bank account in India and bank accounts outside India.

Be it investments or simply remitting money back home our banking and remittance solutions help you achieve all of them.

Our remittance services help you conveniently transfer money anywhere in the world.

 

Inward Remittances

DBS Bank’s remittance services are one of the safest and easiest ways to send money to a beneficiary account in India.

Simply instruct your bank to send money to our local account with correspondent bank and beneficiary details. After you place funds transfer request with your local bank, it takes 24-48 banking hours for the money to reach our account held with our correspondent bank.  You can also initiate wire transfer with the correspondent bank details on the below link.

Click here for correspondent bank details.

 

DBS India Remit

DBS India Remit enables you to comfortably send money to your loved ones back home using your DBS Singapore iBanking account.

The DBS India Remit service is the fastest and most convenient way to transfer funds to any account held with any bank in India from Singapore. When submitted before 2pm (Singapore time), Funds will reach the recipient’s bank within 1 working day.

DBS India Remit is committed to help your money grow and thus we provide you with superior exchange rates.

What More!

  • Fixed preferential exchange rates at the time of transaction. Know the exact rupee amount that will be credited upfront.
  • Receive SMS updates on the status of transactions
  • Transactions backed by our award winning MoneySafe guarantee*

Hurry, for remitting money to India, all you require is

  1. Open DBS Singapore account and register for iBanking facility
  2. Log on to DBS ibanking and  provide details of recipient account in India

 

Outward Remittances

To enable you to meet your funds requirement in different countries, we have a fast, easy and a safe way to move your money in more than 17 currencies.

As our privileged Treasures customers, enjoy preferential foreign exchange rates whenever you transact with us.

  • Transfers to over 150 countries in more than 20 currencies
  • Lowest service fee in the market
  • Funds in most cases are delivered next day.
  • Fixed preferential exchange rate at the time of transaction
  • Fastest way to Transfer funds to Singapore
  • As a DBS India Treasures customer, you can transfer funds without any commission or handling fees.

 

Charges

International Funds TransferSavings Power PlusSavings PlusBasic Savings Bank
Outward RemittancesFree (Correspondent Bank + Third party Charges)0.10% (min 250 max 2k)Free
Remittance to SingaporeFree(Correspondent Bank + Third party Charges)0.05% (min 250 max 2k)Free
 
Inward Remittances
Credit to DBS Bk A/c from other banksFree (Correspondent Bank + Third party Charges)INR 25Free
Credit to DBS Bank A/c from SingaporeFree (Correspondent Bank + Third party Charges)INR 25Free
For Non DBS CustomerFreeINR 200 plus charges of mode of payment usedFree

 

How to Apply

  • Visit any of our branches
  • Call our hotline at 1800 209 4555/1800 103 9897/+91 44 6685 4555
Get In Touch

Call Us: 1800 209 4555

Get In Touch

Call Us: 1800 209 4555

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