Faster telegraphic transfers within the DBS network
Key features include:
Telegraphic transfers effected by customers will automatically be transformed into PriorityPay if the beneficiary account is within the DBS network i.e. with one of the overseas DBS Branches mentioned below
All telegraphic transfers between the following branches will be considered as a PriorityPay.
The following payment currencies will be supported under DBS PriorityPay.
US dollar, Euro, Great Britain Pound, Swiss Franc, Australian Dollar, New Zealand Dollar, Japanese Yen, Singapore Dollar, and Hong Kong Dollar
Telegraphic transfers effected via IDEAL™ will automatically be transformed into PriorityPay if the beneficiary account is within the DBS network i.e. with one of the overseas DBS Branch mentioned below
No. There are no additional charges for this service
There is no special setup required. To receive the credit confirmation alert, customers will need to do a one-time sign up for the e-Alert on IDEAL™
Customers can sign up for the credit confirmation on IDEAL™ under the following:
IDEAL™ Dashboard -> Preferences -> Alerts/Reminders