Receive international payments in a wide range of currencies
Receive international payments quickly and conveniently with DBS inward Telegraphic Transfer. Through this service, you can receive payments in a wide range of currencies from all over the world.
Why choose DBS Telegraphic Transfer?
As long as we receive payment instructions before the cut-off time, and confirm that the funds have reached our Nostro account, you will receive the funds on the same day. However, for currencies that are less commonly traded, the telegraphic transfers may take a few working days. Other factors that may impact when you receive the funds include the country it was sent from, the time sent and the agent bank used.
Your remitting party will require the following information from you:
We use different agent banks depending on the currency.
You are not required to provide an IBAN number for payments to your DBS account, as this is usually required for payments to Europe. Simply provide the information specified above.
We’ll send you an email or SMS alert via IDEAL™ eReports when the funds have been credited to your account. Alternatively, you can check your transaction history online to see if the money has been credited.