Daily$/ SAFRA$ redemption
This service allows you to redeem your Daily$/SAFRA$ via internet Banking.
- You can request for the redemption of your Daily$/ SAFRA$ via internet banking to offset the outstanding balance on POSB Everyday Card or SAFRA DBS Credit Card. For customers who perform redemption using SAFRA DBS Debit Card, the cash rebate will be credited to your Current/ Savings Account linked to your SAFRA DBS Debit Card.
- Please ensure that you have sufficient Daily$ or SAFRA$ to perform the redemption.
- DBS requires 5 working days to effect the redemption. A redemption to offset the outstanding balance on POSB Everyday Card or SAFRA DBS Credit Card may not be effected within the same billing month as the submission of the redemption request. Should your payment due date fall on a date before the expected date of effective redemption, you are strongly advised to make other payment arrangements to avoid late/penalty fees, if any.
- Click here for full Terms and Conditions