DBS RAPID

DBS RAPID

Highly customisable business banking API solutions

DBS RAPID

Highly customisable business banking API solutions

At a Glance
Seamlessly integrate banking services into your systems or platforms via DBS’ APIs to facilitate a truly digital workflow and deliver enhanced customer-centred engagements.
Digitisation

Digitisation

Digitise operations and gain workflow efficiencies with STP and real-time account information feeds and transactional capabilities.

Speed

Speed

Massively speed up your operations through end-to-end real-time transactions without the need for batch based, end-of-day processing.

Interconnectivity

Interconnectivity

Power ecosystems through collaboration, integration and transactional capabilities across multiple systems.

Features & Benefits
Information Reporting
Information Reporting

APIs that provide bank related information to you

  • Bank Account Verification
  • Bank Statements Provisioning
  • FX Enquiry
  • Inward Credit Confirmation
  • Transaction Status Enquiry
  • Bank Account Balance Enquiry
Transactional
Transactional

APIs that allow you to perform transactional banking services

  • Remittance Payments
  • Low Value ACH Payments
  • Real-time Payments
  • FX Booking
  • Real-time Collections
Workflow
Transactional

APIs that allow customers to seamlessly connect to and integrate with multiple systems

  • Interoperability Payments
  • Cloud ERP Ecosystem Integration
  • Direct Debit Authorisation
  • Bank Statements Provisioning
How it Works

Instant Payment
Build trust and enhance customer experience by offering an instant funds transfer setup on your online platform.

 

Direct Debit Authorisation
Deliver seamless customer experience and improve your cash flow by offering an instant direct debit authorisation setup on your platform.

 

FX Enquiry
Simplify funds purchase for your customers through Fx rates enquiry API.

 

 
Awards
euromoney

EuroMoney 2021

Awards for Excellence 2021

  • Best Bank in Asia
  • Best Digital Bank in Asia
  • Best Bank in Singapore
the asset

The Asset 2021

Treasury, Trade, Sustainable Supply Chain and Risk Management Awards

  • Best E-Solutions Partner Bank, Asia-Pacific
the banker

The Banker 2021

Innovation in Digital Banking Awards

  • Most Innovative in Digital Banking, Global
  • Most Innovative in Digital Banking, Asia-Pacific
  • Most Innovative in Digital Banking - Cyber Security
global finance

Global Finance

The World's Best Digital Banks Awards

  • Most Innovative Digital Bank, APAC, 2019 - 2020
  • Best Corporate / Institutional Digital Bank, Singapore, 2020
the asset

The Asset

Digital Awards 2020

  • Digital Bank of the Year, Singapore, 2016 - 2020 
  • Best API Project, Singapore, 2020
celent

Celent Model Bank

Banking Technology Awards

  • Winner, 2021
euromoney

EuroMoney 2021

Awards for Excellence 2021

  • Best Bank in Asia
  • Best Digital Bank in Asia
  • Best Bank in Singapore
the asset

The Asset 2021

Treasury, Trade, Sustainable Supply Chain and Risk Management Awards

  • Best E-Solutions Partner Bank, Asia-Pacific
the banker

The Banker 2021

Innovation in Digital Banking Awards

  • Most Innovative in Digital Banking, Global
  • Most Innovative in Digital Banking, Asia-Pacific
  • Most Innovative in Digital Banking - Cyber Security
global finance

Global Finance

The World's Best Digital Banks Awards

  • Most Innovative Digital Bank, APAC, 2019 - 2020
  • Best Corporate / Institutional Digital Bank, Singapore, 2020
the asset

The Asset

Digital Awards 2020

  • Digital Bank of the Year, Singapore, 2016 - 2020 
  • Best API Project, Singapore, 2020
celent

Celent Model Bank

Banking Technology Awards

  • Winner, 2021
How to Apply

Discover our API offerings which are built to support your business and your customers’ needs. Contact us today!

Get In Touch

FAQ
What is DBS RAPID?

DBS RAPID (Real-time API by DBS) is a digital solution that can be integrated into our corporate customers’ systems or platforms to facilitate banking transactions and services in real-time. The banking services offered via APIs include, but are not limited to, bank account verification, real-time payments & collections, and direct debit authorisation etc.

What is an API?

API stands for Application Programming Interface. It is an easy way for two different systems to communicate with each other. With DBS RAPID, our customers can seamlessly integrate DBS’ banking services into their systems or platforms for their banking needs.

How will DBS RAPID help my business?

DBS RAPID provides digital solutions to address your banking needs, reducing the time and cost you spend on manual/paper processes. This allows you to focus on growing your business without having to worry about the complex processes that occur behind the scenes. From our wide range of APIs, you can mix and match multiple APIs to meet your needs. Whether you are looking to perform bank account verification, credit confirmation, or initiate direct debit authorisation in real-time, provide real-time payments and collections (single and/or bulk) and live status updates; DBS RAPID enables all of these to be available to you 24/7.

How long does it take to set up DBS RAPID?

It typically takes between four to six weeks from inception to Go-Live to set up DBS RAPID. The time it takes is largely dependent on the readiness of the company to consume the DBS’ APIs.

What kind of format does DBS RAPID use?

DBS RAPID uses REST API with JSON format & PGP implementation, which is a widely adopted industry standard, making DBS RAPID easy to implement and integrate.

How do I get started on DBS RAPID?

Simply contact DBS BusinessCare by calling 1800 222 2200 or +65 6222 2200 if you are calling from overseas. We are available Monday to Friday (except public holidays), between 8:30am and 8:30pm. You can also email us here.