No international wire fees on your side. You only pay your bank’s domestic transfer fee, if any.
Local transfers are usually processed via FAST and credited almost instantly.
No SWIFT codes, no special accounts, no new apps to install. Simply pay from your banking app or internet banking, just as you would for any local payment.
Open your banking app or internet banking.
Open the local transfer menu in your banking app or internet banking. The menu name varies by bank, for example:
You don’t need to choose a transfer method. Local transfers are usually processed via FAST.
Your bank may show it as DBS Bank Ltd or DBS/POSB.
Transfers are processed based on the account number. Please double-check that the 16-digit number is entered correctly.
Verify all details, then complete the authentication step required by your bank to confirm the transfer.
Not at all. No new accounts, no apps — just use your regular banking app or internet banking, the same way you would for any domestic transfer.
Your payment details are included in your invoice. If anything is unclear, please reach out to your supplier directly.
Please enter the recipient name as agreed with your supplier. If you’re unsure, please check with your supplier.
Please make a local transfer from your banking app or internet banking. Local transfers are usually processed via FAST, so you don’t need to select a specific method.
FAST allows up to SGD 200,000 per transaction, though your bank may set a lower limit. For larger amounts, please follow the transfer method and limits provided by your bank. If a transfer fails, please check the error message shown on screen and contact your bank if needed.
Local transfers via FAST are usually credited almost instantly. Available hours may vary by bank, and some banks process transfers made after their cut-off time or on non-business days on the next business day.
Your supplier will confirm receipt of payment on their end. Once you’ve completed the transfer, feel free to let them know so they can follow up.
No — your transaction remains an international import regardless of the payment route. As with any import, please retain your invoice and your shipping or customs documents. For any specific tax questions, we recommend consulting your local accountant or tax advisor.
If you have any questions about your payment, please reach out to your supplier — they’ll be happy to help.