Stuck in SG, with Family Abroad? DBS Remit offers Same-Day Overseas Money Transfers with No Fees

Zero wait, zero fees, zero fuss! DBS Remit lets you send money abroad in three easy taps on the DBS digibank app

Sending money to family back home, paying for your kiddo’s education abroad, or just making a transfer for an overseas investment? Whatever your reason for sending money abroad, DBS Remit can help you get it done in just three easy taps on the digibank app. You’ll notice there’s a new Overseas Transfer tile on the login screen for speedy transfers!

No fees for same-day overseas money transfers

DBS Remit allows you to safely remit with competitive FX rates, plus $0 fees and same-day fund transfers to 49 destinations and 17 currencies: Australia, Canada, Eurozone, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Mainland China, Myanmar, New Zealand, Philippines, Thailand, UK, USA and Vietnam. You can even enjoy preferential rates for transfers above S$50,000! This would be particularly ideal for overseas investments, or if you have children studying overseas we highly recommend sending allowance money to them with DBS Remit for complete peace of mind.

DBS digibank app

If you’re not familiar with the digibank app, where have you been? The intuitive digibank app is the only all-in-one banking app you need, whether you’re transferring funds locally or overseas with DBS Remit, managing and growing your money, or tending to your everyday banking needs! The app also has some nifty features for ultimate convenience such as allowing you to save account and payee details for clear and easy fund transfers 24/7.

We’re big fans of the DBS Remit feature at Sassy Mama – here’s what we love about it:

“As expats, we use DBS Remit to transfer money home to Australia on a regular basis. We used to use dedicated currency transfer companies but found that DBS offered a competitive rate and was so much quicker and easier. Having the new Overseas Transfer tile makes it simpler again – transferring money overseas is now just as easy as using PayLah!” – Jessica, Project Manager

“As a baker, my mother loves improving her skills by enrolling in baking courses – some even conducted from overseas! She’s really enjoyed learning from international bakers via online courses, so I’ve been helping her pay for these classes with DBS Remit. It’s our go-to method of payment due to the ease of use and same-day transfers.” – Syazana, Editor

So, whether you’re sending money home, investing overseas, or paying for your overseas education, there’s no more searching needed with the new Overseas Transfers tile on the digibank app and homepage!

Download the digibank app now to experience a new wave of banking without the need to step into any branch. That’s DBS digibanking!