Payments

TWD Remittance

Enjoy the convenience of transferring payment funds through different channels

Transfer funds securely and efficiently in Taiwan with our comprehensive range of remittance services to suit your business needs. You can choose to make payments via Inter Bank Reconciliation System (IBRS) conveniently through IDEAL™, our online banking platform, or through phone/fax banking and at any of our branches.

 

Why choose DBS Bank (Taiwan) Ltd TWD Remittance?

  • Ensure prompt payment transactions and receive detailed status notifications via IDEAL™, our online banking platform
  • Ensure your banking needs are met with our dedicated team of Relationship Managers and customer service staff
  • Plan ahead and save time by giving us your transaction dates in advance. This will help prevent any missed payments

Products Features

IBRS is an inter-bank payment and settlement system suitable for high value payments and the quick method of payment in TWD. This online system is convenient and time-saving.

For transfers within any DBS Bank (Taiwan) Ltd accounts, funds are available in real-time during business hours.

IDEAL™, our online banking platform, caters to many types of transactions and allows you to make electronic transactions at any time and wherever you are. Please visit our IDEAL™ page for more information.

If you need to make payments in other currencies, please visit our Foreign Currency Remittance page.

FAQs

Do I need to have a DBS Bank (Taiwan) Ltd Business Account to use TWD Remittance?

Yes, you will need to have a business account with us in order to use TWD Remittance. If you do not have a business account with us, please call us at 0800-808-889 (or +886-2-6612-9889 if you are overseas) and we’ll arrange for a relationship manager to assist you. You may visit our Business Account page for more information.

What if I submit my application after the cut-off time?

Applications submitted after the cut-off time will be processed on the next working day.

What is the maximum transfer amount for IBRS?

The maximum transfer amount is TWD 50 million per transaction. There is no daily limit.

Where can I get more information?

Please call us at 0800-808-889 (or +886-2-6612-9889 if you are overseas) and we will arrange for a Relationship Manager to assist you.

What are the set-up fees and transaction fees?

Via Over-the-counter or Fax Banking:

IBRS: TWD 30 for the first TWD 2 million (TWD 30 consists of TWD 20 for service charge and TWD 10 for FISC cost) and TWD 10 for every additional TWD 1 million per transaction.

Via IDEAL™: TWD 17 for the first TWD 2 million (TWD 17 consists of TWD 7 for service charge and TWD 10 for FISC cost).

 

How do I apply?

For withdrawal and outward remittances in NTD, please download the NTD withdrawal and remittance form. For fund transfers within DBS Bank (Taiwan) Ltd accounts, please download the fund transfer application form. The forms can be submitted at any of our Branches.

Get In Touch

DBS BusinessCare: 0800 808 889

Get In Touch

DBS BusinessCare: 0800 808 889