Remittances

At a Glance

For Non-Resident Indians (NRIs), reliable and robust international money transfer services are essential. DBS Treasures clients benefit from fast and cost-effective funds transfer for their investments.

Fast and secure

Transfers within 24 hours, backed by guarantee

Preferential rates

Attractive forex rates at zero commission or handling fees

Easy transfer

Quick and simple process for remitting funds

Features & Benefits

• Inward remittances

  Quick and easy connectivity between NRIs and beneficiaries in India Beneficiaries credited within 24 hours of DBS receiving instruction
  Wire transfer option

• DBS India Remit

  To use this facility, open a DBS Singapore account, register for iBanking and provide details of your Singapore account for remittance. Then provide details of the recipient account in India.

  • Fastest and most cost-effective way to remit funds between Singapore and India
  • Beneficiaries credited within 24 hours of DBS receiving instruction (before 2 PM Singapore time)
  • Fixed preferential exchange rates at the time of transaction, with customers notified of the exact rupee amount to be credited
  • SMS updates on transaction status
  • Transactions backed by our award-winning MoneySafe* guarantee

• Outward remittances

  DBS Treasures clients enjoy preferential forex and commission rates for outward remittances, which cover over 17 currencies.

  • International money transfers to over 150 countries in more than 20 currencies
  • Lowest service fee in the market
  • Funds 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

Click here for correspondent bank details.

*Need details for MoneySafe.

How to Apply