telegraphic-transfer

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.
money

Quick access

Fastest way to receive money from overseas

 network

Extensive network

Receive payment in any currency from our vast network

instant

Stay informed

Instant SMS and email alerts when the funds reach your account

Features & Benefits
fund

Access your funds quickly

Telegraphic transfers are the fastest way to receive money from overseas

payment

Payments in all major currencies

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

rates

Competitive exchange rates

Enjoy preferential rates

eReports

Stay informed with IDEAL eReports

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

How to Apply

Call us on 400 821 8881 or visit any of our Branches for more details. You may also email us and arrange our Relationship Manager to call you.

Not a DBS SME Banking customer?

Apply now. Enjoy free DBS IDEAL set-up and fee waivers. Terms & Conditions apply.

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
  • Payment currency and amount
  • Branch Name and DBS SWIFT Bank Identifier Code (BIC): Please refer to the list below
 Branch NameSWIFT BIC
1

DBS BANK (CHINA) LIMITED, SHANGHAI

DBSSCNSH
2DBS BANK (CHINA) LIMITED, BEIJINGDBSSCNSHBJG
3DBS BANK (CHINA) LIMITED, DONGGUANDBSSCNSHDGN
4DBS BANK (CHINA) LIMITED, GUANGZHOUDBSSCNSHGZU
5DBS BANK (CHINA) LIMITED, NANNINGDBSSCNSHNNG
6DBS BANK (CHINA) LIMITED, SUZHOUDBSSCNSHSUU
7DBS BANK (CHINA) LIMITED, SHENZHENDBSSCNSHSZN
8DBS BANK (CHINA) LIMITED, TIANJINDBSSCNSHTJN
9DBS BANK (CHINA) LIMITED, HANGZHOUDBSSCNSHHZU
10DBS BANK (CHINA) LIMITED, CHONGQINGDBSSCNSHCQU
11DBS BANK (CHINA) LIMITED, QINGDAODBSSCNSHQDO
12DBS BANK (CHINA) LIMITED, XI'ANDBSSCNSHSAN
13DBS BANK (CHINA) LIMITED, SHANGHAI FTZ SUB BRANCHDBSSCNSHFTZ

 

Who are DBS agent banks?

We use different agent banks depending on the currency.

Below is a list of our agent banks:

CCYAgent Bank NameSWIFT BIC Code
AUDNational Australia Bank LtdNATAAU33
CADRoyal Bank of Canada, TorontoROYCCAT2
CHFUBS AG, ZurichUBSWCHZH80A
CNYDBS Bank (China) Limited, Shanghai branchDBSSCNSH
EURBarclays Bank Ireland PLC Frankfurt BranchBARCDEFF
GBPRoyal Bank of Scotland, LondonRBOSGB2L
HKDDBS Hong Kong LtdDHBKHKHH
JPYThe Sumitomo Mitsui Banking Corporation, TokyoSMBCJPJT
NZDASB Bank Ltd., AucklandASBBNZ2A
SGDDBS Bank Ltd SingaporeDBSSSGSG
USDJPMorgan Chase Bank, N.A.CHASUS33

 

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.