Inward Remittance
Demand Draft & Telegraphic Transfer
Credit into SGD AC drawn on RHB:

Encashment exceeding S$250,000 per Demand
Draft / Telegraphic Transfer for Non-A/C Holder Moneychanger:
S$100 per Demand Draft / Telegraphic Transfer
Inward Telegraphic Transfer is a receipt of
funds by SWIFT from a local or overseas

• Crediting to a Foreign Currency Current Account 
FCY Service Charge
AUD 5.00
CAD 5.00
CHF 5.00
CNY 50.00
EUR 5.00
GBP 5.00
HKD 25.00
JPY 500
NZD 5.00
USD 5.00
• Crediting into SGD Currency/Saving Account 
SGD                10.00            


Telegraphic Transfer (TT) and On Demand (OD) are forms of remittance that RHB Bank provides in order to conveniently aid your personal and business payments.

Telegraphic Transfer (TT)

Be it paying for an overseas purchase or sending money to a studying child, Telegraphic Transfer is the perfect tool to send foreign currency overseas in a timely and secure manner. The benefits of TT are:

  • Fast and safe way, as it goes from one bank to another and directly into an account
  • Easily traced if it gets lost

On Demand (OD)

On Demand rate are applied when purchasing or selling of demand draft, foreign cheque and etc. It is a cheaper method for payments made overseas and funds are cleared through our correspondents in major cities around the world.