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:

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

We use different agent banks depending on the currency.

Below is a list of our agent banks:

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.

We will send you an email or SMS alert via IDEAL™ eReports when the funds have reached your account. Alternatively, you can check your transaction history online to see if the money has been credited.