Simplified Transfer Process for DBS Bank Customers

• Fill up the Registration Form and create your own Login ID
• Click on Send money and add New Recipient details
• Select the mode of transfer as "Online Transfer". Enter transaction amount, select exchange rate type, purpose of remittance and your overseas Bank account details
• Confirm your transaction and note the unique reference number
• Login to your DBS iBanking account at www.dbs.com and go to the "Bill Payment" option under "Payment Services"
• On the Bill Payment page, simply select "Axis Bank" as a payee from the list of corporations and click Submit. Now enter your unique transaction reference number (as obtained above) in the Consumer Reference Field and complete the payment by entering the amount
• DBS will send a one-time password (OTP) on your mobile. Enter this OTP to authorize your payment transaction.
• That’s it! The funds will reach the beneficiary account within 2 working days.

Money Transfer Process for Other Bank Customers
Provide the transfer instructions on AxisRemit Online by following steps mentioned above

• Log on to the net banking facility of your local Bank and transfer the money to Correspondent Bank
• Provide the unique transaction reference number (as obtained above) in the description field of net banking

There are no transaction charges levied by Axis Bank. However, service tax as mandated by Government of India, is applicable. For further details, please refer the link on Fees and Charges for Online Transfer.

Minimum Transaction size: SGD 100

Maximum Transaction size: SGD 5,000

Please note that a new transaction cannot be initiated in case three transactions are under process.

• Fill up the Registration Form and create your own Login ID
• Click on Send money and add New Recipient details
• Select the mode of transfer as "Smart Wire". Enter transaction amount, select exchange rate type, purpose of remittance and your overseas Bank account details
• Confirm your transaction and note the unique reference number
• Submit the instruction form to your local bank to effect a wire transfer

There are no transaction charges levied by Axis Bank. However, service tax as mandated by Government of India, is applicable. For further details, please refer the link on Fees and Charges for Online Transfer.

Please note that your local bank may charge for the wire transfer.

Minimum Transaction size: SGD 100

Maximum Transaction size:SGD 99,00,000

Please note that a new transaction cannot be initiated in case three transactions are under process.