How quickly will I receive incoming payments?

As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day. However, please note some exotic currencies take longer.

What details do the remitting party need to pay me?

Your remitting party will need: Beneficiary’s name: Your company name as registered with DBS Beneficiary's account number: The account in which you want to receive funds Bank Name: DBS Bank Ltd Singapore DBS SWIFT Bank Identifier Code (BIC): DBSSSGSG

The remitting party wants my International Bank Account Number (IBAN). What is it?

You do not need an IBAN number for payment to a DBS account. It is only needed for payments to Europe.

How do I know my account has been credited?

You will receive an email or SMS alert via IDEAL eReports when the funds reach your account. You can also check your online transaction history to see if the money has been credited.

Receive Payment Quickly with Inward Telegraphic Transfer

Receive Payment Quickly with Inward Telegraphic Transfer | DBS SME Banking

Telegraphic Transfers

Receive international payments quickly

Telegraphic Transfers

Receive international payments quickly

At a Glance

Incoming Telegraphic Transfer lets you receive payments in a wide range of currencies from all over the world.

Quick access

Fastest way to receive money from overseas

Extensive network

Receive payment in any currency from our vast network

Stay informed

Instant SMS and email alerts when the funds reach your account

Features & Benefits

Access your funds quickly

Telegraphic transfers are the fastest way to receive money from overseas

Payments in all major currencies

From all over the world through our extensive network of correspondent banks and overseas branches

Competitive exchange rates

Enjoy preferential rates

Stay informed with IDEAL eReports

Receive instant SMS and email alerts when the funds reach your account

How it Works

How to Apply

Enjoy faster processing and extended cut-off time.

Submit your application via fax if you prefer, or visit any of our branches.

Not a DBS SME Banking customer?

Enjoy free IDEAL access and fee waivers.

T&Cs apply

Download PDF

Telegraphic Transfer Factsheet

Telegraphic Transfer Information

IDEAL Cut-off Time

Cash Pricing Guide

FAQs

	How quickly will I receive incoming payments?
	As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day. However, please note some exotic currencies take longer.

	What details do the remitting party need to pay me?
	Your remitting party will need: Beneficiary’s name: Your company name as registered with DBS Beneficiary's account number: The account in which you want to receive funds Bank Name: DBS Bank Ltd Singapore DBS SWIFT Bank Identifier Code (BIC): DBSSSGSG

Who are DBS agent banks?

We use different agent banks, depending on the currency.

No.	CCY	Agent Bank Name	SWIFT BIC Code
1.	AED	National Bank of Abu Dhabi, Abu Dhabi	NBADAEAA
2.	AUD	Commonwealth Bank of Australia, Sydney	CTBAAU2S
3.	BND	Standard Chartered Bank, Brunei	SCBLBNBB
4.	CAD	The Toronto Dominion Bank	TDOMCATTTOR
5.	CHF	UBS AG, Zurich	UBSWCHZH80A
6.	CNH	DBS Bank (China) Limited, Shanghai	DBSSCNSHXXX
7.	DKK	Nordea Bank Danmark A/S, Copenhagen	NDEADKKK
8.	EUR	Barclays Bank Ireland Frankfurt	BARCDEFF
9.	GBP	Royal Bank of Scotland, London	RBOSGB2L
10.	HKD	DBS Bank (HK) Ltd	DHBKHKHH
11.	IDR	PT Bank DBS Indonesia	DBSBIDJA
12.	JPY	The Sumitomo Mitsui Banking Corporation, Tokyo	SMBCJPJT
13.	NZD	ASB Bank Ltd., Auckland	ASBBNZ2A
14.	NOK	Den Norske Bank, Oslo	DNBANOKK
15.	SEK	Nordea Bank Sweden AB (PUBL), Stockholm	NDEASESS
16.	THB	Thai Military Bank PCL, Bangkok	TMBKTHBK
17.	USD	JPMorgan Chase Bank, N.A.	CHASUS33
18.	ZAR	Standard Bank of South Africa Ltd., Johannesburg	SBZAZAJJ

	The remitting party wants my International Bank Account Number (IBAN). What is it?
	You do not need an IBAN number for payment to a DBS account. It is only needed for payments to Europe.

	How do I know my account has been credited?
	You will receive an email or SMS alert via IDEAL eReports when the funds reach your account. You can also check your online transaction history to see if the money has been credited.