Funds Transfer
 
Funds Transfer to My DBS Account
 
You can transfer HKD or other currencies between your various DBS Bank accounts.

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  • For any funds transfer made from credit card or Cashline Revolving Loan account, Interest Charge and/or Handling Fee will be charged from the date of transfer until the date of actual repayment. (Such transactions will share the daily limit of HKD15,000 with ATM cash withdrawal on credit card or Cashline Revolving Loan account.)
  • The maximum amount of instant funds transfer to Cashline Revolving Loan / Credit Card account is HKD999,999 per transaction, but the scheduled funds transfer is not allowed.
  • For scheduled funds transfer to My DBS Account, the transaction date is up to 60 days.
       
     
    Funds Transfer to Other DBS Account


    		  
    You can transfer funds to a third party account held at DBS Bank in HKD. Funds transfer to a non-registered third party account requires a One Time Password (OTP) for authorisation. You can also transfer funds from or to a Wealth Management Accounts in HKD or other currencies (with no cross-currency transfers are allowed).

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  • Daily limit for funds transfer to non-registered third party accounts will be reset to HKD 0 if there is no corresponding transaction for 12 months.
  • For funds transfer to non-registered third party accounts within DBS Bank, only the account number has to be input
  • You can make up to a 60-day advance funds transfer. Please ensure sufficient funds are held in your bank account 1 business day before the scheduled date to cover the transfer amount. The funds transfer transaction will be rejected in case of insufficient funds.
  • No funds transfer can be made from Cashline Revolving Loan / Credit Card accounts to third party DBS accounts.
  • DBS iBanking and DBS mBanking share the same daily limit and registered payee list.
       
     
    Funds Transfer to Other Local Bank Account

    		 
    You can transfer funds to a third party account held at other local banks in HKD. Funds Transfer to a non-registered third party account requires a One Time Password (OTP) for authorisation.

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    Funds transfers to other local banks via Express Transfer (RTGS), a service charge of HK$150 (HK$160 through other channels) per transaction will be debited from the selected ?From Account?.
  • For funds transfer to other local banks via Express Transfer (RTGS), the funds will be credited to the designated account on the same clearing day if the instruction is placed before 16:00 on a clearing day. Any Express Transfer instruction placed after 16:00 on a clearing day or on a non-clearing day will be processed on the next clearing day. (Clearing Day means Mondays to Fridays, except public holidays.)
  • For funds transfer made before 22:30 (excluding Express Transfer), funds will be received within the next 2 clearing days. For funds transfer made after 22:30 (excluding Express Transfer), funds will be received within the next 3 clearing days. (Clearing Day means Mondays to Fridays, except public holidays.)
  • Daily limit for funds transfer to non-registered third party accounts will be reset to HKD 0 if there is no corresponding transaction for 12 months.
  • For funds transfer to non-registered third party accounts outside DBS Bank, bank name/code, branch code, account number and account name of the third party account have to be input.
  • You can make up to a 60-day advance funds transfer. Please ensure sufficient funds are held in your bank account 1 business day before the scheduled date to cover the transfer amount. The funds transfer transaction will be rejected in case of insufficient funds.
  • No funds transfer can be made from Cashline Revolving Loan / Credit Card accounts to other local bank accounts.
  • DBS iBanking and DBS mBanking share the same daily limit and registered payee list.

    Please refer to the Bank Charges Schedule for details of service charges.
       
     
    Amend Nickname of Registered Payee
    		 
    You can amend the nickname of your registered third party payee. Please simply select the third party payee and enter a new nickname.

    Remarks: DBS iBanking and DBS mBanking share the same registered payee list.
       
     
    Funds Transfer Schedule Summary
    		 
    You can amend or delete pending funds transfer. Please select the scheduled funds transfer and click on "Submit" to proceed.

    You are required to submit your request at least 1 business day before the Transaction Date. You can select "All", "Completed", "Pending", "Rejected" or "Cancelled" scheduled funds transfer(s) in “Transaction status”.

    You are recommended to submit your request at least 1 business day before the Transaction Date.

    Remarks: DBS iBanking and DBS mBanking share the same funds transfer schedule summary.
       
     
    Setup Standing Instruction

    		 
    To set up a standing instruction via iBanking, simply fill in your application details in English and click on "Submit" to proceed. We will normally take 5 Bank Business Days to process your request on setup.

    Notes:

    1. Where the Payment Cycle is specified to be daily execution: If any Payment Date shall fall on a day which is not a Bank Business Day, the transfer scheduled to be made on that Payment Date will not be executed and cancelled.

    2. Where the Payment Cycle is specified to be monthly execution: If any Payment Date shall fall on a day which is not a Bank Business Day, the transfer scheduled to be made on that Payment Date shall be postponed to the next Bank Business Day; but if any Payment Date shall fall on the last working day of the month that is a Saturday, the standing instruction will be executed on the preceding Bank Business Day. If the final Payment Date falls on a day which is not a Bank Business Day, the transfer scheduled to be made on that Payment Date will not be executed and cancelled.

    3. Where a standing instruction involves foreign exchange: If the Bank is unable to execute the standing instruction due to insufficient funds in the debit account on any Payment Date, the standing instruction will be terminated and any uncompleted instructions under this standing instruction will not be executed and cancelled.


    Please refer to the Bank Charges Schedule for details of service charges.

    If you wish to amend the standing instruction which set up by the Bank, you can click here to download the Standing Instruction Amendment Form, complete and return it to any of our branches for processing.