Send Money to Australia| Transfer money to Australia

Send Money from India to Australia

In this era of globalisation, we all have relatives scattered across the world. Foreign education is also becoming increasingly popular. Want to transfer funds to your children as they pursue their education? Or gift a loved one some funds? DBS Bank Remit makes it easy for you to transfer money from India to Australia. With DBS Bank, it is rapid, paperless and hassle-free. Open a DBS Bank Account Now

Send Money from India to Australia – The steps

Visit the DBS Bank website

New and existing customers can begin the remittance process through the DBS Bank website. New customers should download the digibank app and set up their account before remitting money. Existing customers can simply log into their DBS Bank net banking account to initiate the process.

Enter Beneficiary details

The next step is to set up beneficiary details by clicking on 'start a transfer'. Provide the necessary banking information of the beneficiary like their name, bank name, account number, SWIFT/IBAN code, etc. This is a one-time process, after which you can initiate fund transfers to the same beneficiary anytime.

Complete the fund transfer

Click on 'Pay and transfer' enter the amount in the currency in which you wish to make the transfer, and click on 'Overseas Transfer' to complete the fund transfer process.

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BenefitsKey benefits of online overseas transfer:

Transfer Completed Within the Day

If you initiate the transaction process before the cut-off time (check table), your money will be delivered within 24 hours.

Zero Fees for Transactions

There are no fees when you transfer money from India to Australia. The recipient of the funds will not be charged either.

Preferential Exchange Rate

We offer economical exchange rates when you transfer money to Australia and other countries.

Guaranteed Full Credit Delivery to Your Payee

We ensure the delivery of the entire credit amount to your beneficiary when you transfer money from India to Australia.

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Know the CostThrough DBS Bank Remit, we offer money transfers to over 200 countries; we don't charge any handling fees for transfers to many of these. If you want to send money from India to Australia in AUD, the bank fee is zero, as are the agent charges. GST will be charged on your transaction when applicable. Open a DBS Bank Account Now

Transaction TimeWhen you send money from India to Australia, it will reach the recipient within the day. DBS Bank offers this facility for the transfer of funds to numerous other countries if you initiate transfers before the deadline. The cut-off time varies from country to country.To transfer money from India to Australia, you need to do so before 9 AM (IST). In case you do not manage to initiate the transfer before the cut off time for that day, there is no cause to worry. It will just be delivered on the next working day.

Country

IN (IST) Time for same-day transfer

USA (in USD)

2:00 PM

Australia (in AUD)

9:00 AM

UK (in GBP)

2:00 PM

Eurozone (in EUR)

2:00 PM

Hong Kong (in HKD)

1:30 PM

Singapore (in SGD)

2:00 PM

Canada (CAD)

2:00 PM

If you need to transfer money from India to Australia in some other currency, you can do that as well. It will just take a bit longer. If you initiate the transfer in a non-local currency (before the cut-off time), it will be transferred in 1-3 working days. Open a DBS Bank Account Now

How to Use DBS Bank Remit ServicesFor DBS Bank users

Visit the DBS Bank ibanking website

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 do I send money overseas online?

Log in to DBS Bank ibanking, go to 'Pay & transfer' and then 'Overseas Transfer'.Add bank details of your new payee, or click on 'Start a transfer' if you had added your payee earlier. After successful processing, you will receive confirmation through email and SMS.

How do I add the recipient to send money from India to Australia?

After you log in, you will be required to add details of your new overseas payee like their full name, account number, bank details before a payment can be initiated. For security reasons, the confirmation of a new payee is done following these steps:

You will be sent a challenge code via SMS

Open the DBS Bank app to see the option 'Digital Token' on the pre-login page

Enter the challenge code to get an OTP

Type in the OTP on the Internet banking page to confirm the new payee

It is advisable to download digibank app and log into it at least once before adding the new payee.

Can I transfer money from India to Australia on the DBS Bank app?

What are the documents I need to transfer money to Australia?

No paper documents are needed for this process since all the relevant details and declaration are gathered digitally. Please go through the terms and conditions thoroughly before agreeing to them.