Are you looking for ways to send money from India to your loved ones in Hong Kong? Your search ends here. Use DBS Bank Remit to transfer money from India to Hong Kong online at zero cost. With DBS Bank extensive network and global partnerships, you can transfer money to many places worldwide, including Hong Kong, in no time. No more running pillar to post to provide documents and cash over the counter to send money overseas. Using DBS Internet Banking, you can swiftly transfer money hassle-free.
DBS Bank Remit empowers customers to transfer funds online. All you need to do is add your loved ones as overseas beneficiaries. Once the payee is added, you can send money to Hong Kong on the same day if the transaction is initiated before the cut-off time of 11:30 AM. You can send money to Hong Kong for varying purposes online - be it education, medical treatment, special occasions, or family holidays.
Key benefits of online overseas transfer:
Using an additional layer of security through a digital token, DBS Bank Remit ensures foreign beneficiaries added are authentic and permits the transfer of funds to Hong Kong securely.
If the transfer is initiated before 11:30 AM IST, the funds are credited to the recipient the same day. If the transaction is initiated after 11:30 AM, the funds are remitted to the beneficiary on the next working day.
DBS Bank customers need not pay any fees to initiate a transfer of HKD to Hong Kong.
DBS Bank offers competitive foreign exchange rates to facilitate money transfer from India to Hong Kong.
Customers using DBS Internet Banking can execute complete overseas fund transfer transactions online without requiring to file any paperwork.
You are not charged any bank or agent fee to transfer money in HKD to Hong Kong. Taxes as applicable might be levied according to Indian regulations. In the case of any other currency country combination, bank charges of INR 500 plus agent fees are applicable. You can review the entire charges associated with International remittances here.
Customers who need to remit funds on the same day to Hong Kong must initiate the transaction before the cut-off time of 11:30 AM IST. In case of transactions undertaken after the cut-off expires, the funds will be remitted to the beneficiary on the next working day. For worldwide remittance timings, click here.
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You can send money to Hong Kong using DBS Internet Banking. Log in with your credentials and navigate to the ‘Pay & Transfer’ menu. Click on ‘Overseas Transfer’ and ‘Start a Transfer’ if the overseas payee is already added. If not, add the required bank account details to add a beneficiary to proceed with the transfer. You can opt to receive notifications on successful fund transfer to Hong Kong on your registered mobile number or e-mail ID.
Log in with your DBS Internet Banking credentials, and go to Overseas Transfer under the Pay & Transfer menu. Keep details such as payee's name, bank name, and account details ready to add an overseas beneficiary. For added security, you need to generate a token online to secure adding an overseas payee. Follow the steps below to add an overseas payee:
This process is a one-time activity the customer must perform before the first transfer to the payee. Once a payee is confirmed, you can directly 'Start the transfer' every time you wish to initiate a transfer of money to the payee.
No, there is no cap on the number of transactions. However, as per the Liberalised Remittance Scheme (LRS), there is a maximum limit of USD 250,000 or equivalent per annum to transfer overseas.