Submit large volume domestic payment instructions easily
Create your high-volume CNY payment transactions to your beneficiaries with DBS Batch Payment. With our easy-to-use template, you can upload your payment instructions all at once via IDEAL™, our online banking platform, which saves you time. It is a convenient and secure way to consolidate and make large volume domestic payments regularly, like to vendors and for staff payroll.
Why choose DBS Batch Payment?
Yes. This facility can be used to initiate single or multiple transactions at one time.
No, our batch payment facility is currently available only for domestic transfers in CNY.
To use this facility, you will need the Microsoft Excel programme of any version.
The cut-off time for batch payment is 3.30pm on working days.
You will need to provide the following information:
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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