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DBS Remit makes money transfers truly joyful with same-day service and HK$0 charges


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HONG KONG,14 March 2016 -

DBS Hong Kong makes it joyful and completely hassle-free for customers to transfer money online with the launch of the DBS Remit service today.

DBS Remit enables customers to enjoy same-day funds transfers to any bank in China, the UK as well as DBS Bank in Singapore. It only takes 30 minutes for funds to reach DBS Bank in Singapore. From now until 30 September 2016, customers will be entitled to a waiver of all remittance fees, including handling charge, cable charge and correspondent bank charge. Customers can also enjoy preferential exchange rates for real-time foreign currency exchange 7 x 24 online. Special offers are also available for transferring funds to other countries.

For added peace of mind, customers are notified via SMS once the transaction is completed. All DBS money transfer transactions are backed by the Bank’s Online Money Safe Guarantee, which guarantees that a customer’s money is secured when they bank online with DBS.

Royce Teo, Managing Director and Head of Consumer Banking Group and Wealth Management of DBS Bank (Hong Kong) Limited, said, "At DBS, we always strive to offer smarter, faster and more secure ways to connect our customers to opportunities around the world. With our free same-day online DBS Remit service, customers can transfer money to different countries with ease and live connected at all times."

Simply sign up as a DBS iBanking customer to enjoy the service and earn up to HK$6,300 additional welcome rewards by starting a DBS Treasures relationship.

Check out DBS iBanking here:
www.dbs.com.hk/personal/deposits/bank-with-ease/ibanking

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About DBS
DBS - Living, Breathing Asia
DBS is a leading financial services group in Asia, with over 280 branches across 18 markets. Headquartered and listed in Singapore, DBS has a growing presence in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's capital position, as well as "AA-" and "Aa1" credit ratings, is among the highest in Asia-Pacific. DBS has been recognised for its leadership in the region, having been named “Asia’s Best Bank” by The Banker, a member of the Financial Times group, and “Best Bank in Asia-Pacific” by Global Finance. The bank has also been named “Safest Bank in Asia” by Global Finance for six consecutive years from 2009 to 2014.

DBS provides a full range of services in consumer, SME and corporate banking activities across Asia. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. These market insights and regional connectivity have helped to drive the bank’s growth as it sets out to be the Asian bank of choice. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. The bank acknowledges the passion, commitment and can-do spirit in all of our 22,000 staff, representing over 40 nationalities. For more information, please visit www.dbs.com.

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