Enjoy Remittance Services Offered by DBS Treasures

Money Remittance Services

@media (min-width: 320px) and (max-width: 767px) { .jxCCfy { background-position: right center !important; } } At a GlanceFor Non-Resident Indians (NRIs), reliable and robust international money transfer services are essential; that’s where remittances become extremely important. DBS Treasures clients benefit from fast and cost-effective remittance services throughout the year.

Fast and secure

Experience same-day remittances backed by a guarantee

Preferential rates

Attractive forex rates at zero commission or handling fees

Easy transfer

Quick and simple digital banking processes allow you to remit funds easily

Outward RemittancesDBS Treasures customers enjoy preferential forex and commission rates for outward remittances

International money transfers to over 180+ countries in more than 20 currencies

Best-in-class service fee on remittances in the market

Funds delivered the next day

Fixed preferential exchange rate at the time of remittance

Fastest way to remit funds to Singapore

Remit funds without any commission or handling fees

DBS India RemitThis facility is for NRI customers who are based out of Singapore. Once they open a DBS Treasures account in Singapore, they can register for iBanking and provide details of their account in Singapore for remittance. They also need to provide details of the recipient account in India to complete the remittance process.Mentioned below are the benefits of DBS India Remit:

Fastest and most cost-effective way to remit funds between Singapore and India

Beneficiaries credited within 24 hours of DBS Treasures receiving instruction (before 11:30 AM IST)

Fixed preferential exchange rates at the time of the transaction, with customers notified of the exact rupee amount to be credited

SMS updates on the transaction status

Transactions backed by our award-winning MoneySafe* guarantee

Inward RemittancesAn NRE account comes with various inward remittance benefits including:

Preferential Exchange Rates: Convert your remittance from your foreign currency to INR at the time of credit and enjoy preferential rates.

Amount of <= USD 5000- Card Rate is applicable.
Amount between USD 5,000- USD 50,000- Basis customer’s tier*.
Above USD 50,000- Contact your Treasures Relationship Manager
*Customers tier is defined basis the frequency of remittance and relationship held with the bank.

No Service Charges: Credits to an NRE account do not attract any additional service charges. Only the Fx conversion fees will be levied.

Speedy Account Credits: When you transfer money to a DBS Treasures NRE account, we credit the funds within 24 hours* of receiving instructions.

Fees and Charges

International Funds Transfer

Fees and Charges

Outward Remittances

Free (Correspondent bank and third party charges apply)

Credit to DBS account for inward remittances from other banks

Free

Returned funds for unapplied OTT / ITT

All INR 500 + Swift Charges

Click here for correspondent bank details.*MoneySafe guarantee details.

How to ApplyOpen an NRI Savings Account

A Relationship Manager will reach out to you shortly.Open an NRI Savings Account with DBS Treasures to enjoy seamless inward and outward remittance services with preferential rates and zero service charges. A dedicated Relationship Manager will get in touch with you shortly to help you get started.