DBS Pay Anywhere | DBS SME Banking CN

DBS Globesend

Enable global cross-border payments in 120+ local currencies

Enable global cross-border payments in 120+ local currencies

At a glance

Make global cross-border payments in 120+ local currencies and without deductions

Features & Benefits

160+ countries in coverage with availability of 120+ currencies

Easy access to the information like FX and pricing

Leverage DBS USD account only to realize 120+ currencies payment in 160+ markets

Digitalize payment without agent bank fee incurred, Full Pay

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.

FAQs

	What business scenarios or industries does DBS Globesend support?
	DBS Globesend makes it easier for corporates to pay their vendors, suppliers, overseas employees etc., support industries including transportation/logistics, e-commerce, insurance, travel agencies, airlines, education, etc..

	Does the remittance currency need to be the local currency of the beneficiary country/region?
	Yes, for example, the payer pays Thai baht to a supplier in Thailand, or Swedish krona to a Swedish service provider, or pay salary in Argentine pesos to an overseas employee sent to Argentina.

	Does the payer need to open a USD account?
	Yes, payers (corporate customers) only need to open a USD settlement account in DBS, and they can make cross-border payments in more than 120 currencies. It is recommended that customers have their own dollars in the USD account.

	How to check the exchange rate between USD and 'small currency'?
	Customers can online check the indicative exchange rate of USD to 'small currency' in DBS IDEAL, and can check the confirmed exchange rate in IDEAL after the remittance transaction is completed.

	What is the turnaround time for DBS Globesend payment?
	Beneficiary will receive payment with guaranteed turn-around-time: T+ 2. Do take additional days into account if the beneficiary country/region is observing public holidays.