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DBS Bank Fund Transfer

DBS Bank transfer money service can be availed by all customers of DBS Bank. This service helps customers instantly transfer money from their DBS Bank account to anyone in India. Using this online DBS Bank fund transfer service you can transfer money from your account using your mobile phone and money will be deposited in beneficiary’s account in real-time.


Major advantage of online DBS Bank fund transfer service is that you can transfer money online without writing a cheque. As money is credited in beneficiary’s bank account in real-time, you don’t have to submit the cheque to them. To use this online transfer money service please download our app and register your DBS Bank accounts. After that you will have to generate a secure banking PIN and then using this PIN you’ll be able to transfer funds to anyone in India directly from your DBS Bank accounts.


Another benefit of this service is that you can do instant money transfers without adding beneficiaries. All transactions performed via our app are 100% safe and secure. As soon as money transfer is done, you will receive an SMS from DBS and the beneficiary will get SMS from their bank.


Features of online DBS Bank money transfer service:
  1. Online, real-time money transfer from DBS Bank account
  2. Fund transfer without adding or registering beneficiaries
  3. Fund transfer between your own DBS accounts. You can use this feature if you have multiple accounts with the bank
  4. Transfer money between Self accounts with other banks - from your DBS Bank account you can transfer money to your account in other banks
  5. Transfer money service works 24x7, 365 days a year
  6. Even on all Saturdays and Sundays as well as bank & public holidays you can do fund transfer
  7. All banks in India supported for money transfers
  8. Transfer limit is Rs. 1,00,000 per day from your DBS Bank account. This is the maximum limit as set by your bank
  9. You can make up to 10 transfers per day from your account. This is the maximum limit as set by your bank
  10. Online fund transfer service is absolutely free and you don’t have to pay any fees
  11. Instant confirmation from DBS Bank on money transfers. You’ll also get an SMS from the bank
  12. Beneficiary bank will also send SMS to the beneficiary, confirming the fund transfer
  13. BHIM UPI is used for transferring funds from your DBS account to beneficiary’s bank account in real-time

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How to transfer money from DBS Bank account online:

  1. Download Cointab app for Android or iPhone
  2. Install app using mobile number which is registered in your DBS Bank account
  3. Select DBS Bank for bank account registration
  4. All your DBS Bank accounts will be registered and activated for mobile banking
  5. Generate DBS banking PIN
  6. Select Transfer Money
  7. Enter beneficiary’s name
  8. Enter beneficiary’s bank account number & IFSC code
  9. Enter amount
  10. Enter your banking PIN (which you generated in the previous step)
  11. Money will be transferred from your DBS Bank account and credited in recipient’s bank account in real-time
  12. You’ll get an SMS from DBS about the transaction. Recipient will also receive an SMS from their bank

Online transfer of money from your DBS Bank account is a very simple and quick process and you can use the transfer money service whenever required. Please keep in mind that the maximum transfer limit is Rs. 1,00,000 per day and 10 transactions per day.

Online Money Transfer Service Features


Money transfer from bank account to anyone in India in real-time

Online DBS Bank money transfer service enables you to do fund transfer from your account to anyone in India in real-time. It is not necessary for the beneficiary to have an account with DBS Bank. They can have accounts with any bank in India and you can still do fund transfer in real-time.

Without adding beneficiary transfer money

Typically for online fund transfers you have to register and activate beneficiaries. But using our app you can do quick fund transfer without adding beneficiaries. For initiating fund transfer you only require beneficiary’s account number and IFSC code.

Fund transfer to Self account

One major advantage of online DBS Bank transfer money service is that you can transfer funds between your own accounts easily. If you have multiple accounts with the bank then you can easily transfer funds from one account to another. In fact even if you have accounts with other banks you can transfer money from DBS account to other bank accounts.

BHIM UPI ID transfer money

Using online DBS Bank transfer money service you can even transfer money to beneficiary’s BHIM UPI ID. This helps you transfer money without requesting for beneficiary’s bank account number & IFSC code. Once you transfer money, it will be credited in the beneficiary’s bank account which is linked with their BHIM UPI ID. Fund transfer is done in real-time.

Transfer money to mobile number

Using our app you can even transfer money to your friends and family via their mobile number without requesting for their bank account number & IFSC code or BHIM UPI ID. Their bank account which is linked to their mobile number in our app will get credited in real-time after you transfer money to them.

Transaction limit

Transfer limit is upto 10 transfers on a daily basis, upto a total of Rs. 1,00,000. This is the transfer limit as set by DBS.

Zero fees for using online money transfer service

DBS Bank offers online money transfer service for free of cost so that you don’t have to pay any charge for transferring money from your bank account to any account in India.

24x7 service

Online money transfer service is available 24x7 so that whenever required you can do fund transfer in real-time. This helps you do money transfers without visiting the branch or ATM. This service also works on weekends, bank holidays and public holidays.

Benefits of online transfer money service


Time saving: Using online DBS Bank transfer money service you can immediately transfer funds to beneficiary, without writing a cheque or withdrawing cash from the branch or ATM. This helps you save a lot of time.

Easy access: Fund transfer service is completely online and can be used 24x7, throughout the year.

Cost saving: There are no fees for using DBS money transfer facility and you can transfer money to beneficiaries as and when required without worrying about transaction charges.

Security: All DBS Bank mobile banking transactions are 100% secure due to linking of your account on your mobile number and your banking PIN

Multi Purpose: In addition to transferring money to beneficiary, you can also use DBS Bank money transfer service to recharge your mobile / DTH, pay electricity / gas / credit card bill, buy insurance, book fixed deposit, buy mutual fund, etc.

DBS Bank Online Money Transfer security

100% security for DBS Bank Online Transfer Money is ensured in the following ways:

  1. DBS Bank UPI registration for your bank accounts can only be done on your mobile due to linking of your mobile number with your account
  2. Before using BHIM services, you must create a new secure UPI PIN using your debit card
  3. While performing transactions on your mobile you have to use your DBS Bank UPI PIN. No transaction will go through without this secure UPI PIN
  4. App password can be created so that no one can even open the app without knowing your app password
  5. PIN or pattern lock can be created for your phone so that no one can open your mobile

DBS Bank Online Money Transfer Timing

  • UPI services are available on all days, including Saturday and Sunday
  • Advantage of DBS Bank BHIM is that it can be used at night as well
  • As banking is extremely important in day to day life, you can use UPI facility even on bank holidays and public holidays
  • BHIM services can be availed throughout the year

Online Money Transfer Service Eligibility

To use DBS Bank Online Fund Transfer service you have to meet the following requirements:

  • You should have a savings or current account with DBS Bank
  • Your mobile number should be registered with your bank
  • You should have Android or iPhone mobile phone
  • You should have an internet connection either via SIM card or WiFi

Online Transfer Money Service Limitations

Following are the restrictions in DBS Bank online transfer money service:

  • Your mobile number must be registered in DBS Bank
  • It requires Android or iPhone mobile phone
  • It will not work without internet connection
  • Transfer upto Rs. 1,00,000 per day per bank account
  • Transfer upto 10 time per day per bank account

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