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Outward telegraphic transfer
The fastest way to send funds to most parts of the world in various currencies via SWIFT. Your payee will receive the funds within a few days depending on currency, destination, period and agent bank.
Inward telegraphic transfer
The fastest way to receive funds from overseas in various currencies via SWIFT with our extensive network of correspondent banks and overseas branches. Your payee will receive the funds within a few days depending on currency, destination, period and agent bank. Scroll down for details on our SWIFT code.
MEPS (MAS Electronic Payment System)
This online SGD interbank payment and settlement system allows instantaneous and irrevocable transfer of funds and securities. This service is the way to send SGD funds in Singapore, and is available at all CIMB Bank branches in Singapore.
This is a written order we issue to our overseas correspondents to pay a stated amount in foreign currency or SGD to a named beneficiary. We or our overseas agent will pay your beneficiary when your beneficiary’s bank has deposited and cleared the demand draft. Sending and receiving funds via demand drafts is slower than with a telegraphic transfer, but the associated charges are lesser. You can send money in various currencies to most parts of the world.
Foreign bills for collection
We can clear foreign currency and SGD cheques and demand drafts, to be paid outside and within Singapore. Simply deposit your cheques and we will credit the funds to your account at the prevailing rate of exchange when we receive the funds from the drawn-on bank. The clearing period depends on the clearing regulations of the country on which the cheque is drawn.
From now till 31 October 2020, enjoy S$0* commission fees when you remit funds overseas via CIMB Clicks Internet Banking. Commission fees reflected on the application page will be waived upon processing by CIMB Bank. Cable fees and agent fees, if applicable, will still apply. To transfer, login & click Global Transfer > Telegraphic Transfer.
There's no need to compare rates any longer when we offer the best exchange rates on your SGD To MYR transfers! Found something better? We'll match it.^
SWIFT & Sort Code Details
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