The timeframe to process the incoming transfer will depend on the payment method.
FAST (Incoming Fast and Secure Transfer): Local SGD transfer initiated from a non-DBS account or from a personal DBS account
Timeframe: Transfer is generally immediate or can take up to 2 business days to reach you
GIRO (General Interbank Recurring Order)
Timeframe: Transfer generally takes 2 to 3 business days to reach you
ACT: Fund transfer from DBS corporate account to YouBiz
Timeframe: Transfers take up to 3 business days to reach you
TT (Telegraphic Transfer): Foreign currency transfer from a local non-DBS bank or overseas bank
Timeframe: SWIFT transfers can take 3 to 5 business days to reach you.
MEPS (MAS Electronic Payment System): Local SGD transfer for more than 200k SGD
Timeframe: Transfer takes up to 5 business days
*Keep in mind that the transfer timeframes start counting once the transfer has actually been sent by the bank. This may differ from the time when the transfer was instructed. Most of the banks don’t process transfers during weekends and bank holidays. In addition, banks and payment service providers are required to run checks on your payments to comply with regulations, which may cause delays.