Online Money Transfer-International Money Transfer from India

International Money Transfer

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Enjoy swift International Money Transfers with DBS Bank.There is no greater joy than sending money to your loved ones on happy occasions, and no relief is better than ensuring their financial security during emergencies. With our international money transfer service, you can now transfer money online to any account around the globe in just a few clicks. Whether you have children studying abroad or need to provide financial assistance for medical procedures, you can now send money to relations in over 200+ countries worldwide.At DBS Bank we make it a priority to ensure you are never truly away from your home. Our swift, simple, and user-friendly international money transfer facility, make it a breeze for you to send money to your loved ones abroad.

	DBS Bank	Leading Indian Pvt Bank
Amount to send (in USD)	25,000	25,000
Conversion rate (In INR)	89.08	89.76
Total amount without Bank Fees (in INR)	22,27,022	22,44,000
Bank Fees (in INR)	0	1,000
GST (in INR)	1,210.86	1393.92
TCS (in INR)	2,45,930	2,48,800
Total amount remitted (in INR)	24,74,164	24,95,193
Savings with DBS Bank (in INR)	21,029	-

**Conversion value taken as of 16th September 2025 from leading Indian private banks.
***Conversion value taken as on 16th September 2025 in DBS Bank app

Send Money Abroad with DBS Bank RemitWith more than 200+ countries on our remittance network, you can initiate swift, hassle-free, and paperless international fund transfers through DBS Bank Remit. Conduct international money transfers from India to The United States of America, The United Kingdom, Australia, Canada, Singapore, Hong Kong and countries in the Eurozone.Our international online money transfer service remains unbeatable, while funds are credited into beneficiary accounts in record time.

Key Benefits of Online Money Transfers

Same Day Delivery

DBS Bank clears fund transfers to beneficiary accounts within the shortest timeframes. Your beneficiaries can receive fund credits into their account on the same day, provided you initiate the transfer process before the given cut-off time.

Zero Fees

Why go anywhere else when you can use DBS Bank's international money transfer facility at zero fund transfer fees? We do not charge you any fees to send money abroad, and we do not levy any fees on your beneficiary on successful fund transfers either.

Competitive Forex rates

Get the best value for your foreign currency transactions into bank accounts abroad. With our Competitive Forex rates on remittance, you can choose the rate of currency exchange.

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Introducing DBS Bank Remit. Now transfer money to your loved ones across 200+ countries. Open a DBS Bank Account Now

Cut off Time for Online Money TransfersDo you need to send money urgently? Do you wish for your beneficiary to receive funds on the same day? Now, you can, in certain geographies. Just ensure you check our cut-off time before initiating an international money transfer. In case of transfers funded after the daily cut-off time, the funds will reach the beneficiary on the next working day, from the time of initiating the money transfer abroad.

Country	IN (IST) Time for same day transfer
USA (in USD)	11:30 AM
Australia (in AUD)	9:00 AM
UK (in GBP)	11:30 AM
Eurozone (in EUR)	11:30 AM
Hong Kong (in HKD)	11:30 AM
Singapore (in SGD)	11:30 AM
Canada (CAD)	11:30 AM

For online money transfers to all other countries or for fund transfer to the countries mentioned above in a non-local currency, the funds will be credited into the beneficiary account in 1-3 working days from the time of initiating the fund transfer successfully, before the cut-off time. Open a DBS Bank Account Now

Fees and Charges to Send Money OverseasAt DBS Bank, we do not levy any charges on international money transfers from India to the following countries and their currency combinations.

Currency and Country	Bank Fee	Agent Fees	GST
USD to USA GBP to United Kingdom AUD to Australia EUR to Eurozone HKD to Hong Kong SGD to Singapore CAD to Canada	Free	Not applicable	As applicable from time to time, will also be applied to your transaction.
Any other currency / country combination	INR 500	Agent fees, if applicable, will be charged.

GST Charges

Amount of Currency Exchanged (ACE)	GST rates	Minimum GST	Maximum GST
Upto Rs. 1 lakh	0.18% of ACE	Rs. 45	Rs. 180
Between Rs. 1 lakh and up to Rs. 10 lakh	INR 180 + 0.09% of ACE	Rs. 180	Rs. 990
Above Rs. 10 lakh	INR 990 + 0.018% of ACE	Rs. 990	Rs. 10,800

Our product benefits have got your attention, right? Now click here to view the Demo Video to get you started.*The Bank reserves the right to add, alter, vary and modify any or all of the above Fees & Charges at any time at its discretion without any notice. Open a DBS Bank Account Now

Steps to Initiate International Money TransferSend money to your friends and family in the USA, the UK, Europe, Singapore, Hong Kong, Australia and Canada at zero fees. Initiate international money transfer online in 5 easy steps with DBS Bank Remit.

Look for the ‘Pay &Transfer’ tab on your screen.

Click on the Overseas Transfer option.

Enter the details of the beneficiary – their name, bank name, account number, contact details, etc. Once you set up the beneficiary, click on the ‘Start a Transfer’ tab to proceed.

Once your money transfer is successful, you will receive a confirmation of the transaction on your registered mobile number and email id.

Enjoy the benefits of quick and paperless same-day transfers with DBS Bank Remit. The zero-fee policy applies on both senders’ and receivers’ ends. Open a DBS Bank Account Now

New to, DBS Bank?

Open Instant DBS Bank Savings Account in just a few minutes.

Download digibank.

Fill your details and complete KYC.

Activate your DBS Bank savings account.

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How many international money transactions can I make in a financial year in a single account?

Are there any limitations to the money that beneficiaries can withdraw on an international money transfer?

Beneficiaries can withdraw cash of up to INR. 50,000 on an international money transfer transaction. Suppose the money transfer amount exceeds INR 50,000. In that case, the local DBS Bank in India will make the payment to the beneficiary via cheque, or the sum will be deposited directly into the registered Savings Account of the beneficiary. Note that the withdrawal amount limit differs for foreign tourists.

What are the acceptable reasons under DBS Bank Remit for one to initiate an overseas fund transfer?

You can initiate an overseas fund transfer for reasons such as maintenance of the family, close relatives or dependents, medical treatment abroad, overseas education, Emigration, leisure or business travel, gifts, donations, and so on.

What are the minimum and maximum limits on overseas fund transfers initiated via DBS Bank Remit?

The minimum limit per overseas fund transfer via DBS Bank Remit is USD 10 per transaction or equivalent in other currencies. In contrast, the maximum limit is USD 25,000 or its equivalent in other currencies. As per the Liberalised Remittance Scheme by the Reserve Bank of India and the Indian Government, these limits are for only those transactions rolled out via proper channels and RBI authorised dealer banks.

What are the steps to add a payee or beneficiary for an international money transfer through DBS Bank Remit?

Follow these simple steps to add a beneficiary for online money transfers from India to overseas.

Locate the Overseas Transfer tab on the home page and click on ‘add new overseas payee’.

Enter the payee details such as their full name, bank name and branch, account number, SWIFT or IBAN code as applicable.

Once you add these details, DBS Bank will set up the new payee details. Adding a payee is a one-time process. After setting up the payee details, you can send money to them anytime.

Can I transfer money abroad using the digibank mobile applications?

Currently, you cannot send money overseas via the digibank app. Under the extant law and regulations in India, overseas remittances may not be conducted via mobile applications as a security measure. You may, however, initiate money transfers from India to a bank account abroad from the DBS Internet Banking page, which you can open on a browser on your internet-enabled smartphone.

What documents do I need to provide while initiating an international money transfer from India?

You do not need to provide any documents to transfer money abroad from India. This is because DBS Bank collects the necessary payment details and fund transfer declaration digitally when you submit a request for overseas money transfer on the DBS Internet Banking platform. Ensure you go through the Terms and Conditions and FEMA declaration details on the DBS Bank website before initiating an online money transfer abroad. You must agree to and confirm the applicable Terms and Conditions and declaration requirements before submitting your transaction. Once you accept the conditions, the bank deems that you have agreed to them and begins the fund transfer process.