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

• Overseas remittances

  When you’re transferring money to your loved ones abroad, you also transfer joy.

  With DBS Treasures Remit, you can now transfer money across 40 countries, including USA, UK, Australia and Singapore at zero fees. What’s more? It’s quick & paperless with same day transfers up to US$ 25,000 per day & US$ 2,50,000 in a year (To transfer more please contact relationship manager)

  The key benefits of DBS Treasures Remit Platform are

  • Zero Fees*
  • Competitive Ex. Rate
  • Same Day Delivery
  • Fastest way to transfer money to Singapore
  
  

  To know more, click here.

Charges

Click here for correspondent bank details.

*Need details for MoneySafe.

How to Apply