Telegraphic Transfer | Payment Collection

Telegraphic Transfer | Payment Collection | DBS SME Banking CN

Telegraphic Transfers

Receive international payments quickly

Receive international payments quickly

At a Glance

Incoming Telegraphic Transfer lets you receive payments in a wide range of currencies from all over the world.

Fastest way to receive money from overseas

Receive payment in any currency from our vast network

Instant SMS and email alerts when the funds reach your account

Features & Benefits

Telegraphic transfers are the fastest way to receive money from overseas

From all over the world through our extensive network of correspondent banks and overseas branches

Enjoy preferential rates

Receive instant SMS and email alerts when the funds reach your account

How to Apply

Call us on 400 821 8881 or visit any of our Branches for more details. You may also email us and arrange our Relationship Manager to call you.

Not a DBS SME Banking customer?

Apply now. Enjoy free DBS IDEAL set-up and fee waivers. Terms & Conditions apply.

FAQs

	How quickly will I receive incoming payments?
	As long as we receive payment instructions before the cut-off time, you will receive the funds on the same day. However, please note some exotic currencies take longer.

What details do the remitting party need to pay me?

Your remitting party will need:

Beneficiary’s name: Your company name as registered with DBS
Beneficiary's account number: The account in which you want to receive funds
Payment currency and amount
Branch Name and DBS SWIFT Bank Identifier Code (BIC): Please refer to the list below

	Branch Name	SWIFT BIC
1	DBS BANK (CHINA) LIMITED, SHANGHAI	DBSSCNSH
2	DBS BANK (CHINA) LIMITED, BEIJING	DBSSCNSHBJG
3	DBS BANK (CHINA) LIMITED, DONGGUAN	DBSSCNSHDGN
4	DBS BANK (CHINA) LIMITED, GUANGZHOU	DBSSCNSHGZU
5	DBS BANK (CHINA) LIMITED, NANNING	DBSSCNSHNNG
6	DBS BANK (CHINA) LIMITED, SUZHOU	DBSSCNSHSUU
7	DBS BANK (CHINA) LIMITED, SHENZHEN	DBSSCNSHSZN
8	DBS BANK (CHINA) LIMITED, TIANJIN	DBSSCNSHTJN
9	DBS BANK (CHINA) LIMITED, HANGZHOU	DBSSCNSHHZU
10	DBS BANK (CHINA) LIMITED, CHONGQING	DBSSCNSHCQU
11	DBS BANK (CHINA) LIMITED, QINGDAO	DBSSCNSHQDO
12	DBS BANK (CHINA) LIMITED, XI'AN	DBSSCNSHSAN
13	DBS BANK (CHINA) LIMITED, SHANGHAI FTZ SUB BRANCH	DBSSCNSHFTZ

Who are DBS agent banks?

We use different agent banks depending on the currency.

Below is a list of our agent banks:

CCY	Agent Bank Name	SWIFT BIC Code
AUD	National Australia Bank Ltd	NATAAU33
CAD	Royal Bank of Canada, Toronto	ROYCCAT2
CHF	UBS AG, Zurich	UBSWCHZH80A
CNY	DBS Bank (China) Limited, Shanghai branch	DBSSCNSH
EUR	Barclays Bank Ireland PLC Frankfurt Branch	BARCDEFF
GBP	Royal Bank of Scotland, London	RBOSGB2L
HKD	DBS Hong Kong Ltd	DHBKHKHH
JPY	The Sumitomo Mitsui Banking Corporation, Tokyo	SMBCJPJT
NZD	ASB Bank Ltd., Auckland	ASBBNZ2A
SGD	DBS Bank Ltd Singapore	DBSSSGSG
USD	JPMorgan Chase Bank, N.A.	CHASUS33

	The remitting party wants my International Bank Account Number (IBAN). What is it?
	You do not need an IBAN number for payment to a DBS account. It is only needed for payments to Europe.

	How do I know my account has been credited?
	You will receive an email or SMS alert via IDEAL eReports when the funds reach your account. You can also check your online transaction history to see if the money has been credited.