{"id":70161,"date":"2026-05-20T18:12:11","date_gmt":"2026-05-20T10:12:11","guid":{"rendered":"https:\/\/www.you.co\/sg\/?p=70161"},"modified":"2026-05-20T18:12:11","modified_gmt":"2026-05-20T10:12:11","slug":"dbs-remit-international-money-transfer","status":"publish","type":"post","link":"https:\/\/www.you.co\/sg\/blog\/dbs-remit-international-money-transfer\/","title":{"rendered":"DBS Remit Guide (2026): Exchange Rates, Fees & Cut-Offs"},"content":{"rendered":"\n

Everything you need to know if you’re thinking of sending money overseas with DBS Remit.<\/strong><\/h2>\n\n\n\n
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When it comes to sending money overseas, DBS Remit is one of the go-to platforms in Singapore. Known for its fast transfers, low fees, and user-friendly interface, DBS Remit caters to those looking for an efficient way to send funds internationally. Whether you\u2019re sending money overseas to family, friends, or solely for your own savings, here\u2019s a DBS Remit guide for your international money transfers. <\/p>\n\n\n\n

Exploring alternatives? YouTrip<\/a> is another great option for overseas transfers, offering the best rates, no hidden fees, and some of the lowest transfer costs on the market. Read on to uncover which platform suits your needs best, and start saving on your international money transfers today!<\/p>\n\n\n\n

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\ud83d\udc9c Stay Up To Date:<\/strong><\/p>\n\n\n\n

\u2013 Bangkok to Chiang Mai: Bus, Train, Plane, Taxi or Car?<\/a>
\u2013 Best Singapore Credit Card For Overseas Spending <\/a>
<\/a>\u2013 Korea Weather Guide: Best Time To Visit Korea By Month <\/a><\/p>\n\n\n\n

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TL;DR<\/strong>: DBS Remit at a Glance<\/strong><\/h2>\n\n\n\n
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Highlights<\/strong><\/th>Details<\/strong><\/th><\/tr><\/thead>
What is it<\/strong><\/td>DBS Bank’s zero-fee, same-day overseas transfer service via digibank<\/td><\/tr>
Coverage<\/strong><\/td>50+ locations in 19 currencies<\/td><\/tr>
Fees<\/strong><\/td>S$0 cable, handling commission & agent bank charges (in supported corridors)<\/td><\/tr>
Daily online cap<\/strong><\/td>SGD 200,000 \u2014 branch only above that<\/td><\/tr>
Speed<\/strong><\/td>Same-day if you beat the currency cut-off; next business day if you don’t<\/td><\/tr>
Cheaper alternative<\/strong><\/td>YouTrip \u2014 wholesale rates, real-time DuitNow\/GCash\/UPI, no cut-off windows<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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Table of Contents: <\/strong><\/h2>\n\n\n\n
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  1. DBS Remit: Introduction<\/strong><\/a><\/li>\n\n\n\n
  2. DBS Remit vs Outward Telegraphic Transfer: Features Breakdown<\/strong><\/a><\/li>\n\n\n\n
  3. DBS Exchange Rates<\/strong><\/a><\/li>\n\n\n\n
  4. DBS Remit: Are There Any Transfer Limits?<\/strong><\/a><\/li>\n\n\n\n
  5. How to Send Money Overseas with DBS Remit<\/strong><\/a><\/li>\n\n\n\n
  6. Alternative: Send Money Overseas with YouTrip<\/strong><\/a><\/li>\n\n\n\n
  7. Save More on Your Overseas Transfers with YouTrip<\/strong><\/a><\/li>\n<\/ol>\n\n\n\n
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    DBS Remit: Introduction<\/strong><\/h2>\n\n\n\n
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    There are two ways you can send money overseas with DBS \u2014 DBS Remit and the standard outward telegraphic transfer.<\/p>\n\n\n\n

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    What is DBS Remit?<\/strong><\/h3>\n\n\n\n
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    DBS Remit is a service offered by DBS Bank which allows you to send money overseas directly from your DBS\/POSB account via Internet banking or the DBS Digibank app. DBS Remit provides same-day* international money transfers to 50+ locations in 19 currencies<\/strong> at no fees.<\/p>\n\n\n\n

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    What is Outward Telegraphic Transfer?<\/strong><\/h3>\n\n\n\n
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    Outward Telegraphic Transfer (Regular Overseas Funds Transfer Online) provides international money transfers to 200+ markets. The overseas transfer may require additional fees and could take 2 to 4 business days to reach your recipient.<\/p>\n\n\n\n

    You’ll mostly need to use a telegraphic transfer if you’re sending in a different currency than what’s used in the destination country (like sending SGD to Malaysia while you’re in Singapore), or if DBS Remit doesn’t support the destination you’re sending to.<\/p>\n\n\n\n

    \ud83d\udc49What is remittance? Here’s<\/a><\/strong> a guide to understanding the meaning of remittance<\/em><\/p>\n\n\n\n

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    DBS Remit Vs Outward Telegraphic Transfer: Features Breakdown<\/strong><\/h2>\n\n\n\n
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    What’s the difference between DBS Remit and outward telegraphic transfers? Here’s a breakdown of DBS’ remittance charges and how long it’ll take for your money to reach its designated destination.<\/p>\n\n\n\n

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    <\/th>DBS Remit<\/strong><\/th>Outward Telegraphic Transfer<\/strong><\/th><\/tr><\/thead>
    Number of Countries & Currencies<\/strong><\/td>50+ locations in 19 currencies<\/td>200+ markets<\/td><\/tr>
    Speed of Transfer<\/strong><\/td>Same-day transfer to select markets within the cut-off times*<\/td>2\u20134 working days typically. For regular overseas funds transfer to Taiwan in TWD: 1\u20132 weeks<\/td><\/tr>
    Cable\/Telex Charges<\/strong><\/td>$0<\/td>S$20 (waived for transfers to DBS\/POSB accounts in China, Hong Kong, India, Indonesia, Taiwan)<\/td><\/tr>
    Handling Commission<\/strong><\/td>$0<\/td>\ud83d\udc49 Waived for amounts up to S$5,000
    \ud83d\udc49 S$20 for S$5,001\u2013S$25,000
    \ud83d\udc49 S$35 for S$25,001\u2013S$60,000
    \ud83d\udc49 S$100 for S$60,001\u2013S$120,000
    \ud83d\udc49 S$120 for amounts above S$120,000<\/td><\/tr>
    Agent Bank Charges<\/strong><\/td>$0<\/td>Varies based on destination<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

    Source: DBS<\/em><\/p>\n\n\n\n

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    *Same-day transfers depend on the currency you’re sending and the cut-off time. Your recipient may not receive the funds immediately if the receiving bank is closed on certain days.<\/p>\n\n\n\n

    Cut-off times for DBS can range from 10 AM to 5 PM depending on the currency you’re sending. So if you’re sending money after these timings, note that your recipient will not receive the funds on the same day.<\/p>\n\n\n\n

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    Here are the cut-off timings and availability for a few popular currencies:<\/p>\n\n\n\n