Easy Remittance | Overseas Funds Transfer (TT) (2024)

Personal Banking
Digital Banking
Overseas Fund Transfer

Wire money overseas with S$0 cable and commission fees

Why you will love this
What you need

Why you will love this

No cable and commission fees. Agent fees, if applicable, will still be charged.

Competitive FX rates for 19 currencies, rates are guaranteed during off-market hours (including weekends)

Same-day transfers

What you need

An eligible OCBC Current or Savings account

Digital banking access

Get started with our step-by-step guide

Transfer online

Limited-time promotionS$15 cashback per month when you send money from Singapore to any Malaysia (MYR) account. T&Cs apply.
Find out more

Make an international money transfer with 19 currencies conveniently via OCBC Digital Banking.

Fees & Rates

Enjoy competitive FX rates when you send money overseas via digital banking in the following 19 currencies:

Australia Dollar, British Pound, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Indian Rupee, Indonesian Rupiah, Japanese Yen, Malaysian Ringgit^NEW, New Zealand Dollar, Norwegian Krone, Philippine Peso, Singapore Dollar, Sri Lanka Rupee, Swedish Krona, Swiss Franc, Thai Baht and United States Dollar.

From now till 31 December 2024, enjoy no cable and commission fees when you remit online.

Total transfer amount (daily)	Cable	Commission	Commission-in-lieu (For Foreign Currency accounts only, on top of Commission)
Cable and commission fees - waived
For all overseas funds transfer via Digital Banking	Waived	Waived	Waived

Cable and commission fees - waived

For all overseas funds transfer via Digital Banking

Cable

Waived

Commission

Waived

Commission-in-lieu (For Foreign Currency accounts only, on top of Commission)

Waived

Agent fees, if applicable, will be charged.
Please refer to the cut-off timing for same day transfers below.
Transfers submitted on Sunday, public holiday or after currencies cut-off time will be processed the next business day.
Online promotion valid till 31 December 2024 for online overseas funds transfer.

Transferring money to India? Click here

Please ensure you have your digital banking hardware token/OneToken and the following payee's details:
1. Full name
2. Address
3. Account number / International Bank Account Number
4. SWIFT code
_{How to find SWIFT code:}_{- Ask your payee for his/her bank's SWIFT code}_{- Visit Google.com and search using "<your payee's bank name>SWIFT code"}_{- Visit sources such astheswiftcodes.com or bankswiftcode.org and search using the payee's country and name of the bank.
Please note that the SWIFT code for some branches may differ due to the location of the branch and this will not affect your transfer.}

1 Login > Tap on the left menu > Tap on "Transfer"

2 Tap on “Add or delete payees” > "Add payee"

3 Tap "Overseas Payee" > Fill in payee's detailsRefer to image for instructions regarding payee's name and address.

4 Fill in payee's bank detailsRefer to image for instructions regarding SWIFT code.

5 Tap "Submit" to complete

1 Login > Tap on the left menu

2 Tap “Transfer” > “Overseas Account"

3 Tap “Recent Transfers” > Select the transfer you would like to repeat > Choose your account and enter payment description > Tap "Transfer now" to complete

Step by step guide for Internet Banking

Add new payee
Send money to an existing payee

2 Select “to a bank account overseas (including overseas OCBC accounts)” > Select the account to transfer from

3 Select the destination account

4 Select currency > Fill all required information

5 Review all details > Click “Submit” to complete

Please ensure you have your digital banking hardware token/OneToken and the following payee's details:
1. Full name
2. Address
3. Account number / International Bank Account Number
4. SWIFT code_{How to find SWIFT code:}
_{- Ask your payee for his/her bank's SWIFT code}_{- Visit Google.com and search using "<your payee's bank name>SWIFT code"}_{- Visit sources such astheswiftcodes.com or bankswiftcode.org and search using the payee's country and name of the bank.
Please note that the SWIFT code for some branches may differ due to the location of the branch and this will not affect your transfer.}

2 Select “Add new beneficiary”

3 Fill in payee's details according to the availability of SWIFT code

4 Review all details > Click "Next"

5 Beneficiary account has been set up > Click "Transfer now" to send money to this account

Promotion

Get S$15 cashback per month when you send money from Singapore to Malaysia

For a limited time only: Simply make a fund transfer of at least S$1,000 from your OCBC Singapore (SGD) account to any Malaysia (MYR) account. T&Cs apply.

Find out more

before you proceed

Eligibility requirements

Minimum age

16 years old

Account

An eligible OCBC Current or Savings account

Registered for

Digital banking access

Cut-off times for same-day transfers

Overseas funds transfers submitted before the cut-off time on a business day will be sent out on the same day. Your funds will be deducted from your account by the cut-off time.

If you submit an overseas funds transfer after the cut-off time, your funds will be sent out on the next business day.

Currency code	Cut-off time
IDR	12:00PM
MYR	2:00PM
HKD	3:00PM
CAD, CHF, DKK, EUR, GBP, NOK, SEK, SGD, USD	4:30PM
AUD, JPY, NZD, PHP	9:30AM
INR, LKR, THB	3:30PM (Value next day)

View branch charges

View pricing guide for Personal Banking Products

View pricing guide for Premier Banking Products

View pricing guide for Premier Private Client Products

Terms and conditions

S$0 cable and commission fee promotion valid till 31 December 2024 for online Overseas Funds Transfer.
Agent fee applies and will be variablefees depending upon the remittance amount and currency.
Other terms and conditions apply.

Overseas funds transfer

Send money overseas seamlessly with us

OCBC Digital

Available on Apple App Store, Google Play and Huawei App Gallery

Download now

Available on Apple App Store, Google Play and Huawei App Gallery

Download now

Available on Apple App Store, Google Play and Huawei App Gallery

Download now

Available on Apple App Store, Google Play and Huawei App Gallery

Download now

Transfer online

through OCBC Internet Banking.

Frequently asked questions

Common questions

I have submitted my overseas funds transfer, why were my funds not deducted from my account yet?

Your funds will be deducted by the cut-off time on a business day.

Please ensure that you submit your overseas funds transfer before the cut-off time for it to be processed on the same business day. Otherwise, the transaction will be processed on the next business day instead. You may refer to the cut-off times.

Is there a minimum transaction amount?

Yes, depending on the debiting currency. A minimum of SGD 100 (for SGD fund transfers) or USD 100 (for non-SGD fund transfers) is required for each transaction.

How much is the agent fee?

The agent fee shown on the OCBC Digital app or Internet Banking will be indicative. The actual agent fee will be reflected in your transaction history.

Can I track the status of my overseas funds transfer?

Yes, you can check the status easily via OCBC Internet Banking > Customer service > Check internet transaction status > Transaction type: Fund Transfer.

Download OCBC Digital

Scan the respective QR code to download the app on the App Store, Google Play or Huawei App Gallery.

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