DBS PriorityPay | Telegraphic Transfers | DBS SME Banking CN

PriorityPay

Faster telegraphic transfers within the DBS network

PriorityPay

Faster telegraphic transfers within the DBS network

At a Glance

PriorityPay lets you transfer funds to any DBS account across our regional network instantly.

Faster

Beneficiary credited within 10 minutes for electronic payments and transactions without local regulatory requirements to check on documentations or purpose codes,
*Processing of credits is subject to regulations in the beneficiary market.

Cost effective

Complimentary service for all DBS customers with no cable or telex charges

Transparent

Get an email/SMS alert when your beneficiary is credited

Features & Benefits

Access information easily

Through end-to-end cross-border payments

Increase your efficiency

Better cash management and faster turnaround time

Get payment status in real-time

Know when funds have been received or if they are still being processed

Input remittance details

Include up to 140 characters of information to give your beneficiary more payment details

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.

FAQs

	How can I make a payment through PriorityPay?
	If your beneficiary has a DBS account in the region, your telegraphic transfer will be sent via PriorityPay.

	Which overseas DBS branches participate in PriorityPay?
	All telegraphic transfers between the following branches: DBS Singapore DBS Hong Kong DBS China DBS India DBS Taiwan DBS Indonesia DBS Vietnam DBS Australia

	What are the supported currencies?
	US Dollar, Euro, Great Britain Pound, Japanese Yen, Singapore Dollar, Hong Kong Dollar, Australian Dollar, Canadian Dollar¹, Swiss Franc¹, New Zealand Dollar² ¹ - not available for DBS Vietnam, DBS Australia ² - not available for DBS Vietnam

	How can I access PriorityPay on IDEAL?
	If the beneficiary’s account is within our network, telegraphic transfers made on IDEAL will be sent via PriorityPay.

	Are there any additional charges?
	No. This is a complimentary service for our SME customers.

	How do I sign up for the credit confirmation alert?
	Go to IDEAL Dashboard > Choose ‘Create and Manage Alerts’ (under your User Name at the top menu) > Scroll down to find ‘Credit Confirmation Alert’ > Click on ‘Create personalised alert’ to complete the set up.