What are your transfer fees?

The transfer fees at Statrys are usually determined by the currency involved, the amount, and the nature of the transaction, i.e., whether it's a domestic payment within Singapore, an international payment using the SWIFT channel, or a local payment using Statrys Local payout network.

Things to know

• A Domestic payment is a payment to/from Singapore in SGD
• An International/SWIFT payment is
• A payment within Singapore in USD, EUR, HKD, GBP, and CNY
• A payment to/from outside Singapore in USD, SGD, EUR, HKD, GBP, and CNY
• A Local payment is an outgoing payment using Statrys' local payout network to selected countries using their local currency - THB in Thailand, VND in Vietnam, INR in India, IDR in Indonesia, TRY in Turkey, PHP in the Philippines, KRW in South Korea, Euros in 33 European countries, and USD in the USA.

Transfer fees

Incoming Payments

• Domestic incoming payments in SGD: SGD 0
• International/SWIFT incoming payments on all 11 currencies: SGD 5
• Local payment: NA

Outgoing Payments

• Domestic payments in SGD: SGD 1.50
• International/SWIFT payments  : Statrys offers 2 options for you to choose from when booking a transfer
• Pay for Statrys Charges (SGD 20): This option covers STATRYS/DBS bank charges, excluding the fees of intermediary banks and the beneficiary's bank. The amount that reaches your recipient's account will be the funds less the intermediary bank’s and beneficiary’s bank fees.
• Pay for all charges (SGD 40): this option is to cover all charges including intermediary bank and beneficiary bank charges. The funds that will reach your beneficiary's account will be the same as the amount sent from your Statrys account.

Local payments

• For Australian Dollars (AUD) to Australia, US Dollars (USD) to the USA, Indian Rupees (INR) to India, Euros (EUR) to 33 European countries, British Pound Sterling (GBP) to the UK, Philippine Peso (PHP) to the Philippines, Indonesian Rupiah (IDR) to Indonesia, USD, AUD, INR, EUR, GBP, SGD, IDR, PHP: SGD 4
• For Thai Baht (THB) to Thailand, Turkish Lira (TRY) to Turkey, and Korean Won (KRW) to South Korea: SGD 5.50
• For Vietnamese Dong (VND) to Vietnam: SGD 8.50