rapid

DBS RAPID - API Banking

Digitise your business and enhance your customers’ experience
with our API-driven solutions

DBS RAPID - API Banking

Digitise your business and enhance your customers’ experience
with our API-driven solutions

At a Glance
Seamlessly integrate banking services into your systems or platforms via DBS’ APIs to facilitate a truly digital workflow and deliver enhanced customer-centred engagements.

Digitisation

Digitise operations and gain workflow efficiencies with STP and real-time account information feeds and transactional capabilities.

Speed

Massively speed up your operations through end-to-end real-time transactions without the need for batch based, end-of-day processing.

Interconnectivity

Power ecosystems through collaboration, integration and transactional capabilities across multiple systems.

Features & Benefits
Information Reporting

APIs that provide bank related information to you

 Cash   

  • Inward Credit Confirmation API (CCA)
  • Static VA Creation/Deletion API (SVA)
  • Transaction Status Inquiry API (NEFT/RTGS/ACT/TT) & UPI (Inw/Otw)
  • Account Balance Enquiry API (Cash/Trade)
  • Account Activities Remittance Enquiry (AARE)

Trade

  • Doc Upload API
  • Push Advices API
  • Get Transaction Detail*

FX 

  • RFQ (Request for Quote) API
     
Transactional

APIs that allow you to perform transactional banking services

Cash APIs

  • RTGS
  • NEFT
  • ACT
  • TT
  • UPI Pay
  • UPI Collect

Trade APIs

  • APF - Account Payable Finance (SID)
  • ARF - Account Receivable Finance (PID)
  • LC Presentment
  • EDC – Export Direct Collection

FX API

  • Contract Booking
Workflow

APIs that allow customers to seamlessly connect to and integrate with multiple systems

  • Interoperability Payments
  • Cloud ERP Ecosystem Integration
  • Direct Debit Authorisation
  • Bank Statements Provisioning
How it Works

Case Studies
Instant and hassle-free insurance claim payment Leading insurance companies and DBS collaborate to offer instant travel claims payments Leading insurance companies partner DBS to offer instant electronic payments to its customers for travel insurance claims. Powered by DBS RAPID, this solution reduces the processing time of a travel insurance claim from a few days to seconds, delivering joyful experiences to its policyholders.

 

Driving with faster payments Instant cash-out direct into drivers’ bank accounts Ride-hailing companies partner DBS to enable instant payments to its drivers. Powered by DBS RAPID, this digital payment solution lets drivers cash-out for their earnings instantaneously, instead of having to wait up to two working days.
How to Apply

Discover DBS' API offerings that are built to support your business and your customers needs.

  • Contact your Relationship Manager or 
  • Schedule a callback via this online form.
  • Alternatively, you can contact our BusinessCare hotline if you have any further queries. Call us at 1800 419 9500 / 1800 103 6500 or +91 44 6632 8000 if you are calling from overseas (Mon to Fri excl holidays, between 10am to 7pm) or write to us at: businesscarein@dbs.com

 

FAQs
What is DBS RAPID?

DBS RAPID (Real-time API by DBS) is a digital solution that can be integrated into our corporate customers’ systems or platforms to facilitate banking transactions and services in real-time. The banking services offered via APIs include, but are not limited to, bank account verification, real-time payments & collections, and direct debit authorisation etc.

What is an API?

API stands for Application Programming Interface. It is an easy way for two different systems to communicate with each other. With DBS RAPID, our customers can seamlessly integrate DBS’ banking services into their systems or platforms for their banking needs.

How will DBS RAPID help my business?

DBS RAPID provides digital solutions to address your banking needs, reducing the time and cost you spend on manual/paper processes. This allows you to focus on growing your business without having to worry about the complex processes that occur behind the scenes. From our wide range of APIs, you can mix and match multiple APIs to meet your needs. Whether you are looking to perform bank account verification, credit confirmation, or initiate direct debit authorisation in real-time, provide real-time payments and collections (single and/or bulk) and live status updates; DBS RAPID enables all of these to be available to you 24/7.

How long does it take to set up DBS RAPID?

It typically takes between four to six weeks from inception to Go-Live to set up DBS RAPID. The time it takes is largely dependent on the readiness of the company to consume the DBS’ APIs.

What kind of format does DBS RAPID use?

DBS RAPID uses REST API with JSON format & PGP implementation, which is a widely adopted industry standard, making DBS RAPID easy to implement and integrate.

How do I get started on DBS RAPID?

You can contact our BusinessCare hotline if you have any further queries. Call us at 1800 419 9500 / 1800 103 6500 or +91 44 6632 8000 if you are calling from overseas (Mon to Fri excl holidays, between 10am to 7pm) or write to us at businesscarein@dbs.com.