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.

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

Stay in and Stay safe. Send money overseas with 18 currencies 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

Step by Step guide

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Step by step guide for Mobile Banking

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

1

Login > Tap on the left menu

2

Tap “Transfer” > “Overseas Account”

3

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

4

Select the payee > Choose your account > Enter payment description > Review details > Tap “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" > "Overseas Payee"

3

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