Making Transfers in Foreign Currencies or Overseas

Telegraphic Transfer

  • The fastest and most secured way for overseas payments and transfers in foreign currencies
  • Same-day processing for submissions up till 6pm for USD via Velocity@ocbc (business internet banking)
  • Fees include commission, agent fees*, commission-in-lieu of exchange* and cable charge (*if applicable)


Traceable cross-border payments with SWIFT gpi. Find out more.

Cheques & Demand Drafts

Foreign currency payment methods that generally takes longer to process.

Cheque (USD cheques cleared
in Singapore)
  • For standard payment
  • Additional charges apply if your cheque bounces
Demand Draft
  • A guaranteed cheque that will not bounce
  • Amount will be deducted directly from your account when a demand draft is issued

Need help?

(65) 6538 1111

or contact us online