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For Non-Resident Indians, transferring money between India and overseas is a regular affair. Remittance charges may differ based on the country you are transferring to or from India.
The remittance fees charged by a financial institution usually includes intermediaries' charges along with the exchange rate margin. DBS Treasures charges zero service charges for inward and outward remittances. However, the corresponding banks or third-parties may charge per transaction.
With DBS Treasures, you get access to preferential rates on your remittances. If you wish to avail these rates, we recommend you open an NRE or NRO account with us. Our same-day delivery ensures that the money you send reaches the recipient faster, is convenient and extremely secure.
For the fastest remittance services, open an NRI Account with DBS Treasures.
Fees and Service Charges
| International Funds Transfer | Fees and Charges |
|---|---|
| Outward Remittances | Free (Correspondent bank and third party charges apply) |
| Credit to DBS account for inward remittances from other banks | Free |
| Returned funds for unapplied OTT / ITT | All INR 500 + Swift Charges |
Click here for correspondent bank details.
*Need details for MoneySafe.
