Overseas Funds Transfer (remittance)

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.

Preferential FX rates for 18 currencies

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

Make an international money transfer with 18 currencies conveniently via OCBC Digital Banking.

Fees & Rates

Enjoy preferential FX rates when you send money overseas via digital banking in the following 18 currencies: Australia Dollar, British Pound, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Indian Rupee, Indonesian Rupiah, Japanese Yen, New Zealand Dollar, Norwegian Krone, Philippine Peso, Singapore Dollar, Sri Lanka Rupee, Swedish Krona, Swiss Franc, Thai Baht and United States Dollar.

Agent fees, if applicable, will be charged.

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

Enjoy preferential FX rates when you send money overseas via digital banking in the following 18 currencies: Australia Dollar, British Pound, Canadian Dollar, Danish Krone, Euro, Hong Kong Dollar, Indian Rupee, Indonesian Rupiah, Japanese Yen, New Zealand Dollar, Norwegian Krone, Philippine Peso, Singapore Dollar, Sri Lanka Rupee, Swedish Krona, Swiss Franc, Thai Baht and United States Dollar.

Agent fees, if applicable, will be charged.

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 2023 for online overseas funds transfer.

Transferring money to India? Click here

STEP BY STEP GUIDE FOR OCBC DIGITAL APP

Add new payee
Send money to an existing payee
View and repeat last 5 transfers

1

Tap on the left menu > “Transfer” > “Overseas Account”

2

Select currency > Enter sending amount > Review rate > Tap 'Transfer now'

3

Select the payee > Choose your account > Enter payment description > Review details > Tap “Confirm” to complete

4

Review all details > Click “Confirm” 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 as theswiftcodes.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 details
Refer to image for instructions regarding payee's name and address.

4

Fill in payee's bank details
Refer 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

1

Go to the main menu > Payment & transfers

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 as theswiftcodes.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

Go to the main menu > Payments & 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

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 timing for same-day transfers

Your money will be transferred during business days in Singapore.

Currency code	Submission cut off time
IDR	9.20AM - 12PM
HKD	9.20AM - 3PM
CAD, CHF, DKK, EUR, GBP, NOK, SEK, SGD, USD	9.20AM - 4.30PM
AUD, JPY, NZD, PHP	9.20AM - 9.30AM
INR, LKR, THB	9.20AM - 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 2023 for online Overseas Funds Transfer.
Agent fee applies and will be variable fees depending upon the remittance amount and currency.

Overseas funds transfer

Make overseas funds transfers conveniently with us

OCBC Digital

Transfer online

through OCBC Internet Banking.