• Advance booking

Book your foreign exchange transactions across more than 40 currencies through DBS FX Online to access FX and forward rates up to a year in advance in order to manage your exposure and hedge your risk.

• Access anytime

Log on to DBS FX Online anytime, anywhere to complete transactions at your own convenience and hedge your currency exposure quickly and efficiently.

• Widely recognised

Widely recognised for our FX expertise throughout Asia, DBS was named the “Stars of China: Best Treasury & Cash Management Bank (Foreign Bank)” by Global Finance since 2012.

• Enjoy the convenience of a single login using the same token, username and password to access both DBS FX Online and IDEAL™, our online banking platform.
• Leverage our expertise and award-winning services, which make us one of the best FX houses in Asia.
• Enjoy one of the most competitive pricings in SGD/CNY and SGD-related crosses in Singapore, due to DBS’ leading market position and extensive network.
• Receive automatic FX transaction quotes for various currency pairs for transactions of up to a year.
• Identify and hedge against the potential risks you face when doing business overseas with strategic advice from our dedicated corporate advisory sales team.
• Stay informed of the latest market developments with insights from more than 100 DBS research analysts in Asia.

• Hedge against volatility

Hedge against exchange rate volatility and protect your business with a DBS FX Time Option Forward.

• Fix an agreed period of time

An FX time option forward fixes the exchange rate between two currencies for an agreed period of time, whether it’s days, months or years. You can utilise the rate at any given time before the option ends, regardless of the prevailing market rate on that day.

Example: 

If you receive payments in USD that need to be converted to CNY, you stand to lose money if the USD depreciates. However, with an FX time option forward, you are able to lock in an agreed rate, and have the flexibility to sell your USD at the agreed rate whenever you want during an agreed period of time, thereby reducing the risk or FX impact to your bottom line.

Exchange currencies instantaneously with our FX Value Today service.

Example: 

When you receive a payment in a foreign currency, simply sell it to DBS. We’ll then credit your account with the CNY equivalent on the same day, giving you instant access to your cash.

• Protect from volatility

Protect your foreign currency receivables and payables from exchange rate volatility with a DBS FX Forward contract. 

• Fix a particular date

FX Forwards fix the exchange rate for a particular date in the future, whether it’s days, months or years. The exchange is completed on that date at the pre-agreed rate, regardless of the prevailing market rate.

Example: 

If you expect to receive a USD payment from an overseas buyer in a month’s time, you will need to exchange such USD proceeds into CNY in a month’s time. However, you may also want to hedge against USD depreciation in the interim. That’s why you may wish to enter into a FX Forward contract as below: 
Trade date: 8 January 2013 
Spot rate: 1.2200 
Settlement date: 1 month later (8 February 2013) 
Principal amount: USD 1 million 
Forward rate: 1.2198 

• Quick exchange

Convert your foreign currencies to CNY or vice versa quickly and easily with DBS.

• International practice

Our Spot FX service allows you to exchange currencies within two working days, in line with international practices.

Example: 

if you receive USD from your customers, sell it to DBS on the day of trade execution (T). We then exchange your currency to CNY two days later (T+2).

• Fixed FX rates

With an FX option, you fix the exchange rate between two currencies for an agreed period of time. You can then exercise the option on the agreed date, or choose to let it expire if the prevailing market rate is more favorable.

• Competitive pricing

Benefit from our strong market position and extensive networks in multiple FX markets

• Leverage our expertise

If you have more sophisticated FX hedging needs, you can approach DBS to help structure a hedging solution best suited to manage your FX exposure.

You can book transaction through DBS FX Online from 9:30AM to 4PM, Monday to Friday. DBS' treasury specialists can help you hedge your FX risks with an extensive product suite. 

DBS FX Online can quote more than 40 currency pairs including USD, EUR, GBP, AUD, NZD, SGD, HKD, JPY, CHF & CAD. 

No. There are no fees for using DealOnline. 

Being one of the leading banks in Asia, DBS is perfectly placed to deliver the best possible pricing available to you. We not only strive to remain competitive, but to actually lead the market.