Receive international payments in a wide range of currencies
Receive international payments quickly and conveniently with DBS inward Telegraphic Transfer. Through this service, you can receive payments in a wide range of currencies from all over the world.
Why choose DBS Telegraphic Transfer?
As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day if the payment was sent via RTGS (Real Time Gross Settlement), this is only available for HKD / USD payments between Shenzhen and Hong Kong. However for some currencies, telegraphic transfers may take a few working days. This will depend on the type of currency, the country it was sent from, the time sent and the agent bank used.
Your remitting party will require the following information from you:
|Branch Name||SWIFT BIC|
DBS BANK (CHINA) LIMITED, SHANGHAI
DBS BANK (CHINA) LIMITED, BEIJING
DBS BANK (CHINA) LIMITED, DONGGUAN
DBS BANK (CHINA) LIMITED, GUANGZHOU
DBS BANK (CHINA) LIMITED, NANNING
DBS BANK (CHINA) LIMITED, SUZHOU
DBS BANK (CHINA) LIMITED, SHENZHEN
DBS BANK (CHINA) LIMITED, TIANJIN
DBS BANK (CHINA) LIMITED, HANGZHOU
DBS BANK (CHINA) LIMITED, CHONGQING
We use different agent banks depending on the currency.
Below is a list of our agent banks:
|CCY||Agent Bank Name||SWIFT BIC Code|
Australia and New Zealand Banking Group Ltd, Melbourne
Royal Bank of Canada, Toronto
UBS AG, Zurich
Bank of China Hong Kong
Royal Bank of Scotland, London
DBS Hong Kong Ltd
The Sumitomo Mitsui Banking Corporation, Tokyo
ASB Bank Ltd., Auckland
DBS Bank Ltd Singapore
The Bank of New York Mellon, New York
You are not required to provide an IBAN number for payments to your DBS account, as this is usually required for payments to Europe. Simply provide the information specified above.
Best Cash Management Solution, China
Best Bank for Treasury and Cash Management (Foreign)
Best SME Financing/Cash (Highly Commended)
Best Card Solution – Chongqing Grain Group Co
How do I apply?
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