DBS Bank Online Money Transfer Steps And Procedures

If you want to transfer money then this article about DBS Bank Online Money Transfer Steps And Procedures i your perfect guide. In this article, you’ll see how you can transfer money to anyone with ease and the things you need to know when sending cash.

So let us start with the

Requirements to transfer money online with DBS Bank

• An internet connection
• A device to access the DBS Bank Internet Banking
• DBS bank account
• You need to be a DBS Bank Internet Banking customer
• Recipient’s bank account number

You can check out How to Open a DBS Bank Account

DBS Bank Online Money Transfer Steps And Procedures

1. Step 1: First, enter your User ID and PIN to access your online digibank account.
2. Step 2: Finish the authentication procedure.
3. Step 3: Click on To Other DBS or POSB Account under Transfer.
4. Step 4: Decide the recipient you want to send the money to.
5. Step 5: Choose the account you want to transfer money from, choose a currency, and enter the amount you want to move. Click Next after adding any desired remarks for the recipient.
6. Step 6: Check the information and press Submit to finish the transfer.
7. Step 7: The transfer to a different DBS or POSB account is finished.

Things to note about DBS Bank Online Money Transfer

1. DBS Bank customer with access to their online banking platform.
2. You may utilize services like DBS Remit or a regular outbound telegraphic transfer to send an overseas transfer using DBS online.
3. Make sure you are entering the right account number by checking it frequently.
4. The name you submit for the receiver is just for your reference.
5. Sending money internationally with DBS Bank’s international money transfer service is free of cost, making it an affordable option for international transactions.
6. Up to thirty transactions (30 accounts) may be made to a single beneficiary or account within a single fiscal year.
7. DBS Singapore has a S$200,000 transfer limit per transaction.
8. It takes around 2-4 working days for DBS international transfers.

If you have any difficulty feel free to use the DBS Bank Customer Service Numbers to reach them or leave a comment here for me to respond.