Open DBS Treasures Account
DBS Treasures Remittance offers seamless and cost-effective solution for international money transfers. Whether supporting family back home, investing in Indian assets, or managing financial commitments, enjoy quick transfers backed by Asia's safest bank
Remittance payments are transferred within 24 hours to over 200 countries.
Be rest assured as your remittance transfers are backed DBS Bank’s global safety standards.
Take advantage of competitive exchange rates on your foreign remittance with zero bank fees or hidden charges.
Save up to ₹17,000* with exclusive exchange rates
Transfer and manage funds easily through mobile and Internet Banking.
*Savings are indicative and calculated for a USD 25,000 remittance compared to standard retail pricing.
Actual savings may vary by customer segment, exchange rates, and market conditions. T&Cs apply.
If you’re new to DBS Treasures Remittance, getting started is simple. Our DIY video guides you through the process step by step, so your first remittance payment is quick, secure, and convenient.
Watch: DBS Remit: The Smarter, Faster Way to Transfer Money Globally - YouTube
With DBS Treasures Remit, sending money abroad is simple, secure, and paperless. Follow these quick steps to complete your remittance transfer online:
Step 1. Log in to your DBS Mobile or Internet Banking account.Step 2. Select the country of your beneficiary and choose the currency for your transfer. Tiered FX rates apply for higher transfer values.Step 3. Add the payee by entering beneficiary details (name, bank account number, SWIFT code). Real-time SWIFT validation helps reduce errors.Step 4. Enter the transfer amount and select the purpose of remittance.Step 5. Upload supporting documents if required for compliance.Step 6. Review the applicable exchange rate and charges, then confirm the transfer. Eligible transfers submitted before the cut-off time are processed the same day.
DBS Remit makes both inward remittance and outward remittance simple, secure, and cost-effective. Whether you use it for family support or international investments, every remittance money transfer is designed for speed and transparency.
Complete your remittance money transactions online through DBS Mobile or Internet Banking, with no branch visits or paperwork.
Outward remittance requests submitted before the cut-off time are processed the same day.
Pay only standard charges on your remittance money transfer, with no deductions by correspondent banks.
Your inward remittance or outward transfer reaches the beneficiary without hidden costs.
Enjoy tiered FX rates that give you more value when you remit larger amounts.
DBS Remit supports outward remittance not just to individuals but also to institutions, helping you participate in international markets.
Same-day* fund transfers. Seamless digital banking experience with digibank by DBS App.
Enjoy zero^ bank charges.
Remit with Asia’s Safest Bank.*
Asia’s Safest Bank 16 years in row by Global Finance 2009-2024.
*Same-day transfer is applicable only when transaction is made before the cut off time. The cut-off time for same-day transfer is 11:30 AM for most of the currencies.
FX Conversion rate is taken as an average of FX rates offered by leading Indian private banks.
*Online overseas investment facility is available only for customers with a DBS account older than one year. Customers with newer accounts need to visit a branch.
Know where your money is, when it’s moving, and when it arrives. Now take full control of your overseas remittances and receive real-time updates on the movement of your transfer.
DBS Remit offers one of the most cost-effective money remittance services in banking. With zero remittance fees and a highly competitive remittance rate, you save more every time you send money abroad.
Country
Other Pvt Banks
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 (INR)
24,74,164
24,95,193
Savings with DBS Bank (in INR)
21,029
–
FX conversion rate is an average of leading Indian private banks. Rates are indicative as of 16th September 2025 and subject to fluctuations. Please confirm current rates before transactions.
Key highlights
Please be aware that bank account numbers in Canada are typically seven digits long. The recipient's account number should not include the 4-digit branch/transit code. Remittance transactions could be rejected if the format is not followed.
Online overseas investment facility is available only for customers with a DBS account older than one year. Customers with newer accounts need to visit a branch.
*Planning to Study Abroad, explore DBS Study Abroad program for hassle-free overseas education.
DBS Bank offers same-day transfer services to multiple international destinations. To ensure your transfer is processed on the same day, please initiate it before the specified cut-off time for your chosen destination. Transfers made after the cut-off time will be processed the next business day.
Australia (in AUD)
9:00 AM
UK (in GBP)
11:30 AM
Eurozone (in EUR)
Hong Kong (in HKD)
Singapore (in SGD)
Canada (CAD)
Bank Fee
Rs. 0
Any other currency/country combination
Rs 500
Foreign Currency Foreign Exchange
Currency Converter SGD to INR Rate
< ₹ 1 Lakh
0.18% of ACE
₹ 1,00,001- ₹ 10 Lakh
₹ 180 + 0.09% of ACE
>₹ 10,00,001
₹ 990 + 0.018% of ACE
Outward Remittances
Free (Correspondent bank and third party charges apply)
Remittance to Singapore
As per Finance Act 2023, all outward remittances transactions under the Liberalized Remittance Scheme (L₹) are subject to new Tax Collected at Source (TCS) rates. This shall be applicable for all remittances done by a Resident individual.
Revised TCS rates applicable from 1st April 2026-
< = INR 10 lac – 0% ;
> INR 10 lac – 0%
> INR 10 lac – 2%
> INR 10 lac – 5%
All other travel purposes(personal, business, pilgrimage & medical treatment.)
>INR 10 lac – 20%
Disclaimer
Here's how you can utilize the TCS deducted on your international transfers:
Click here for correspondent bank details.
RBI Press Release: Forex Transactions - Unauthorised Forex Trading Platforms
RBI FAQs on Foreign Exchange (Forex) Transactions
With DBS Remit, transferring funds overseas for investments or to support loved ones is fast, secure, and cost-effective, thanks to zero transfer fees, competitive FX rates, and same-day transfers to 200+ countries. Whether it’s for education, travel, gifting, or portfolio investments, you can send money with just a few clicks through the digibank app. Experience the convenience and security of banking with Asia’s safest bank — open NRI savings account with DBS today and enjoy seamless global transfers.
OPI investments in Equity & Debt
Any company/firm/self-transfer
Any individual
Gift
Self-Transfer /company/ consultancy/firm
Donations
Trust / Charitable or Religious Institute /Temple
Any individuals /self-transfer
Travel ( Business, Pilgrimage, Medical Treatment, Education, Other travel (employment & card repayment))
Business Travel- Travel agency/company/individuals.
Education- Institution/Rent Agency /Stay or Accommodation.
Medical-Pharmacy/Clinic/Hospital/Medical equipment.
Pilgrimage- Trust /Charitable or Religious Institute /Temple
Repayment of card bills due
Self-Transfer
Remittance for family maintenance and savings
As per close relatives’ definition & self-transfer
Company/consultant/firm
Medical Treatment
Hospital/Clinic/Pharmacy/Individuals/Medical services/Companies selling equipment
Self-Transfer /any other company/firm/consultancy
Studies Abroad
University/Academic institutes/Learning Courses/Journals/Publication, Hostel fee/accommodation fee/apartment rent, Individual/Self-Transfer
Company/consultancy firms(Pvt Ltd, Inc, etc)
Emigration
Emigration services/Travel agency/VISA agency/Embassy/Emigration consultant/Law firm (Info available in public domain)
Self-transfer OR individual transfer
To check the exact status of transaction, please drop a mail to customercareindia@dbs.com or call on 1860 208 7368
Request a call back to open a DBS Treasures Account and enjoy our remittance services anytime, anywhere.
You can also call our customer service numbers (1860 267 1234 / 1800 209 4555) to speak to a DBS representative.
Whatever your purpose for international fund transfers is, DBS Remit is made for you.
FX-Retail is an electronic trading platform introduced by the Reserve Bank of India for buying or selling foreign exchange for all banking customers.
Learn More
Money can be sent overseas for following purposes:
Outward remittance requests are typically rejected in case:
The minimum limit per transaction for overseas transfer is of USD 10. The maximum transaction limit is USD 25,000 per transaction which is also the maximum daily transaction limit. The annual transaction amount limit is capped at USD 250,000 or equivalent.
The maximum limit of USD 250,000 or equivalent per year for transferring money abroad under Liberalised Remittance Scheme (LRS) is applicable for a customer for all transactions routed through all permissible channels/Authorised Dealers Banks (subject to any purpose specific limit specified by Reserve Bank of India).
Overseas Education& Sustenance Jumpstart your child’s dream and ensure they’re settling in just fine with the perfect bank remittance
InternationalGifting Make a special moment even more magical, by sending your love instantly, from miles away!
Care for Family AbroadAway, but never apart. Give your family the best of everything with quick, effortless outward remittance.
TravelMake the world your oyster, travel worry-free across more than 200+ countries while DBS Remit takes care of your foreign remittance.
Contact us 1860 267 1234 / 1800 209 4555
Only from SG 800 852 6186
For Int'l +91 44 6685 4555
Or have someone contact you
