DBS Bank India's USD to INR rate today is ₹92.56 for money coming in.
- TT buying rate: ₹92.56. What you receive on an inward transfer.
- TT selling rate: ₹96.34. What you pay to send money out.
From the sheet DBS Bank India published on 7 September 2026, and refreshed here twice a day. The major currencies are in the table below; DBS Bank India publishes 9 in total on its own sheet.
DBS Bank India forex rates today
DBS Bank India's USD TT buying rate today is ₹92.56, with the major currencies in the table below.
These figures come from the sheet DBS Bank India published on 7 September 2026. The bank revises it during the day, so these are the morning quote and the settlement rate may differ.
If you are receiving money from abroad, the column you want is TT Buying.
This sheet covers as published. Above that, rates are set by the bank.
Source: DBS Bank India Foreign Currency Exchange Rates, published by DBS Bank India itself. Rates are indicative and subject to change with market movements. The rate that applies is the one prevailing when your account is credited.
| Currency | TT Buying (inward) | TT Selling (outward) | Bills Buying |
|---|---|---|---|
| USD United States Dollar | 92.56 | 96.34 | 92.56 |
| EUR Euro | 107.18 | 112.12 | 107.18 |
| AUD Australian Dollar | 66.49 | 69.55 | 66.49 |
| CAD Canadian Dollar | 66.72 | 69.79 | 66.72 |
| SGD Singapore Dollar | 72.84 | 76.19 | 72.84 |
| CHF Swiss Franc | 113.88 | 119.12 | 113.88 |
| JPY Japanese Yen | 0.5915 | 0.6186 | 0.5915 |
DBS Bank India TT buying rate today
DBS Bank India's TT (telegraphic transfer) buying rate for USD is ₹92.56 on the sheet published 7 September 2026.
This is the number that determines an exporter's payout. When a client abroad wires you dollars, DBS Bank India buys those dollars from you and credits rupees at the TT buying rate.
You will also see this written as TTBR, which is simply short for TT buying rate. Some sheets and screens use the abbreviation on its own.
On a USD 10,000 invoice that is ₹9,25,611 before GST and any certificate fee.
Against the mid-market rate, the gap looks like this:
- Mid-market reference: ₹94.55
- DBS Bank India TT buying: ₹92.56
- Gap: 2.10%, or about ₹19,889 on a USD 10,000 invoice
That gap is the bank's margin, and it applies to every transfer settled at card rates. The reference above is the exchangerate-api daily reference rate of ₹94.55 on 7 September 2026. That is a daily reference rate rather than an intraday close, while the bank revises its own sheet through the day. Treat the percentage as close, not exact.
DBS Bank India TT selling rate today
DBS Bank India's TT selling rate for USD is ₹96.34 as of the same sheet.
This is the rate you pay when DBS Bank India sells you foreign currency, so it applies to outward remittances such as paying an overseas supplier or sending money abroad under the Liberalised Remittance Scheme (LRS). Xflow handles inbound export earnings only, so outward remittance sits outside what we cover; the rate is here because the bank publishes it on the same sheet.
The spread between the two TT rates is ₹3.78 per dollar, or 4.1% of the buying rate. Buy and sell the same dollar on the same day and that spread is what the bank keeps.
DBS Bank India rate sheet today
DBS Bank India publishes these on the daily sheet it calls its "rate sheet". The currency-note columns, for cash over the counter, carry a different rate from the TT rate.
| Card and cash transaction | USD rate today |
|---|---|
| Currency notes (bank buying cash from you) | 92.56 |
| Currency notes (bank selling cash to you) | 96.34 |
USD to INR at DBS Bank India today
If the dollar is the only currency you deal in, this is the whole sheet in four rows. Which rate applies depends on what you are doing, not on which one you saw first.
Published 7 September 2026. DBS Bank India revises intraday, so re-check the sheet before you rely on a figure for accounting.
Those are the numbers. What follows is where the margin inside them comes from, and what it costs on a real invoice.
| What you are doing | Rate that applies | DBS Bank India USD rate today |
|---|---|---|
| Money coming in from a client abroad | TT buying rate (TTBR) | ₹92.56 |
| Sending money abroad | TT selling rate | ₹96.34 |
| Getting paid early on an export bill | Bills buying rate | ₹92.56 |
See what the same transfer would pay you at Xflow
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Fee shown before you convert
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Check DBS Bank India's official rate sheet
DBS Bank India publishes its own "rate sheet", and that document is the authority on the rate you will be given, not any figure quoted elsewhere. It is a web page the bank refreshes in place, so there is no file to keep.
Open it here: DBS Bank India Foreign Currency Exchange Rates. The bank replaces it each working day, so the link always resolves to the current sheet, and the copy the figures above come from is dated 7 September 2026.
DBS India or DBS Singapore: which rates apply?
DBS is a Singapore-headquartered bank, so a quick clarification helps. If you bank with DBS Bank India (digibank), its India rate sheet in rupees applies to your inward and outward transfers.
If you are looking at DBS Singapore rates, those are Singapore-side rates, often for the SGD to INR corridor that many send money home on. The rate you actually get depends on which DBS entity handles your transfer.
For receiving export income into an Indian account, it is the DBS India TT buying rate that decides your payout. That is the rate this guide focuses on.
Understanding DBS Bank forex rates
A "forex rate" is the price of one currency in another at a given moment. Banks quote it against the interbank rate, the wholesale price at which large institutions trade, then add a margin before passing it to you.
DBS publishes several rates because each transaction type carries a different margin. If you want the plain-English version of how these numbers are built, start with forex rates.
The rates DBS shows are indicative. The rate that actually applies is the one prevailing when your account is credited, so a morning figure can shift by the time your transfer settles.
The same interbank-plus-margin structure applies across Indian lenders, so it helps to compare DBS against a peer such as federal bank forex rates before you transfer.
What do TT buying and TT selling rates mean?
TT stands for telegraphic transfer, the electronic movement of money between banks across borders. DBS uses two TT rates and a card rate.
- TT buying rate: the rate at which DBS buys foreign currency from you and pays out rupees. This applies when you receive an inward remittance from a client abroad.
- TT selling rate: the rate at which DBS sells you foreign currency, used when you send money out.
- Card rate: used for card and cash transactions, wider than the TT rates.
For anyone receiving export income, the TT buying rate is the number that matters. A telegraphic transfer is the default rail behind most bank-to-bank inward payments. Here is an illustrative snapshot (as of July 2026).
| Rate type | Used when | Illustrative DBS India rate (INR/USD) |
|---|---|---|
| TT buying | You receive money from abroad | 87.90 |
| TT selling | You send money abroad | 89.90 |
| Card or cash | Card and cash transactions | 87.60 buy / 90.20 sell |
The mid-market rate that day is around ₹89.40, so every DBS rate sits a margin away from it.
A public-sector lender prices that gap much the same way, as our guide to canara bank forex rates shows.
What are DBS Bank's forex charges?
The exchange-rate margin is the largest cost, but not the only one. As of July 2026, the fees an exporter or freelancer is likely to meet are set out below.
| Service | DBS charge (as of July 2026) |
|---|---|
| Inward remittance (credit to your account) | TT buying rate margin applies; correspondent banks may deduct their own charges |
| FIRC (if you request the certificate) | Nominal fee plus GST, on request |
| DBS Remit (supported corridors) | No service fee; the exchange-rate margin still applies |
| DBS Remit (other corridors) | ₹500 flat + GST |
| Card transaction abroad (cross-currency) | 3% to 3.5% + GST |
| Annual outward limit (LRS) | USD 250,000 per financial year |
Receiving money looks close to free because the visible charge is small. The margin baked into the TT buying rate does the quiet work instead, and a correspondent bank can deduct its own fee before the money reaches DBS.
Banks revise these schedules periodically, so verify the current numbers on DBS's own remittance-charges page before you rely on a figure.
Other Indian banks price inward transfers the same way. For a side-by-side look at another bank's TT buying rate margin, see how IDBI Bank forex rates compare.
What is DBS Remit, and is it really free?
DBS Remit is DBS’s own remittance service, and it is the feature most people are asking about. It carries no service fee on a set of supported currency-to-country corridors, such as USD to the USA, GBP to the UK, EUR to the Eurozone, SGD to Singapore, and a few others. Other corridors carry a ₹500 flat fee.
The word to watch is "fee". No service fee does not mean no cost. The exchange-rate margin still applies on the conversion, so the way to judge DBS Remit is to compare the rate you are offered against the mid-market rate on the day, not just the headline fee.
What getting paid from abroad really costs you
The rate is only part of the bill. If money comes in from abroad every month, four other things cost you money or time. None of them are on DBS Bank India's rate sheet.
| The problem | What it costs you | What Xflow does |
|---|---|---|
| Every payment needs a declaration. Your bank needs a purpose code and a signed declaration before it converts and credits the money. | Paperwork on every single payment. The money waits on you, not on the wire. | Money reaches your Indian bank account the next working day. |
| You have to ask for the certificate every time. DBS Bank India gives you a FIRA when you ask for it. Your CA needs it, and it closes the record the government keeps of your export (EDPMS). | A small fee on every payment, and you chase it each time. | You get the eFIRA on its own, every time. Nothing to ask for. |
| Matching payments to invoices takes time. Every payment needs a purpose code and invoice details, and the bank often emails you questions. | A few hours of work each month. If a record stays open, it can cause problems later. | Xflow can send your invoices, and it connects to Zoho Books, so payments match up where you already work. |
| You do not know the rate until the money lands. DBS Bank India changes its sheet during the day. | You cannot plan the month, or pick a good day for a big invoice. | Xflow's FX AI Analyst shows rate forecasts and lets you set a target rate. It is a forecast, not advice, and not a promise. |
To be fair: this does not beat your bank at everything. If your current account, overdraft and trade limits are all with DBS Bank India, keeping everything in one place may matter more than any row above. This adds up when money comes in from abroad a few times a month, every month.
Receive export payments the next working day, with the eFIRA issued automatically
RBI authorised
eFIRA issued automatically
Next-business-day settlement
How much GST applies to a forex conversion?
Every foreign-exchange conversion in India attracts 18% GST. It is charged on a "value of supply" the RBI defines in slabs (in force since 1 July 2017), not on your full transfer amount, so it stays modest even on large sums.
| Conversion amount | Value of supply (taxable value) | GST at 18% |
|---|---|---|
| Up to ₹1 lakh | 1% of the amount (minimum ₹250) | ₹45 to ₹180 |
| ₹1 lakh to ₹10 lakh | ₹1,000 + 0.5% of amount above ₹1 lakh | ₹180 to ₹990 |
| Above ₹10 lakh | ₹5,500 + 0.1% of amount above ₹10 lakh (capped at ₹60,000) | ₹990 to ₹10,800 (maximum) |
The takeaway is simple. GST is a known, capped, and comparatively small cost. The exchange-rate margin is the variable you can actually influence.
Why are DBS's forex rates different from the market rate?
Search "USD to INR" and you see the mid-market rate, the midpoint between global buy and sell prices. That is the fair reference rate, and no bank pays it out in full. The difference comes from three layers.
Spread
DBS applies a margin between the interbank rate and the rate it gives you, generally around 1.5% to 3% below mid-market on inward transfers, though it varies by day and currency. This is the foreign exchange markup, rarely shown as a line item.
Correspondent deductions
Inward wires can pass through an intermediary bank that takes its own cut before the money reaches DBS, so the credited amount can be smaller than the sender’s figure.
Market volatility
The rate moves through the day. Because your transfer settles at the prevailing rate, not the quoted one, timing changes the outcome.
The cleanest way to see the true price is to compare the applied rate against the live mid-market rate on the same day.
The size of that spread varies by bank, so it is worth checking a private-sector peer such as rbl bank forex rates alongside DBS.
What does the effective rate look like? A worked example
Say a client sends you USD 10,000 for a completed project. On the sheet DBS Bank India published on 7 September 2026, its TT buying rate was ₹92.56. The mid-market reference that day was ₹94.55.
- At the mid-market rate: 10,000 × 94.55 = ₹9,45,500
- At DBS Bank India's TT buying rate: 10,000 × 92.56 = ₹9,25,611
- Difference from the rate margin alone: ₹19,889, before GST and any certificate fee.
That ₹19,889 is the spread, not a fee you agreed to, and it recurs on every transfer settled at card rates.
One note on the reference: it is a daily rate, so the exact gap on your own transfer is the one on your credit advice.
A platform fee works differently. On the same invoice, Xflow's Growth plan charges 0.4% of the transfer value, about $40, with no markup on the mid-market rate, so the cost sits in a visible fee instead of inside the rate. Both that fee and the bank figures above are before GST, which applies either way.
How can you check DBS Bank forex rates today?
There are three reliable ways to find the rate, in order of accuracy.
- DBS’s forex rates page on its website, updated on working days. Check the DBS India page for INR rates, not the Singapore page.
- Your account credit advice or FIRA, which records the exact rate applied to your specific transfer. This is the only rate that is truly yours.
- The branch or relationship manager, useful if you are moving larger volumes.
A quoted morning rate is only a guide. The rate that lands is the one live at the moment of credit, which is why the FIRA figure and the morning quote rarely match to the paisa. For compliance, the FIRA proves both the inward remittance and the rate applied.
You can run these same checks on any lender's rate sheet, including sbm bank forex rates.
How is Xflow different from DBS Bank forex rates?
Xflow is a cross-border payments platform built for Indian businesses and freelancers receiving money from abroad. The core difference is the reference rate.
DBS marks up a hidden interbank rate, even when DBS Remit waives the fee. Xflow converts at the live mid-market rate and charges a transparent, visible fee, so you can see exactly what conversion costs. Its published pricing, as of July 2026, is below.
| Plan | Fee | Best for |
|---|---|---|
| Starter | $12 flat up to $2,000; 0.6% above $2,000 | Invoices typically under $3,500 |
| Growth | $20 flat up to $5,000; 0.4% above $5,000 | Invoices of $2,000 to $10,000 |
| Scale | Custom pricing | Invoices of $10,000+ |
Check the cost on your own invoice amount
$12 flat up to $2,000
Then 0.6%
No FX markup
Take the same USD 10,000 invoice on the Growth plan. The fee is 0.4%, about USD 40 (roughly ₹3,576 at ₹89.40), and the conversion happens at the mid-market rate rather than a marked-down one.
You keep close to the mid-market payout minus a fee you can see, instead of losing the spread you never agreed to. On costs like these, businesses typically pay noticeably less than they would on a bank spread, and the gap widens as volumes rise. Settlement is next business day (T+1), and each payment comes with an auto-issued eFIRA.
A few honest caveats belong here. If you already hold accounts, overdraft lines, and trade facilities with DBS, consolidating can matter more than a few paise on rate, and DBS Remit is convenient for its fee-free corridors.
For one-off or very small transfers, a flat fee can outweigh the rate saving. Run your own numbers on a typical invoice first, and read how to reduce international payment fees to see where the real leakage sits. For regular mid-to-large export receipts, the platform is used for cross-border payments for service exporters.
Does moving off your bank break compliance?
This is the fear that stops most exporters from switching, and it is worth addressing head-on. Receiving through a regulated platform does not break your regulatory trail.
Xflow holds final RBI Payment Aggregator – Cross Border (PA-CB) authorisation for both exports and imports (as of February 2026), works with AD-1 banks, and auto-issues an eFIRA for each payment.
Your purpose codes, GST refund workflow, and downstream reporting continue as before, and the bank FIRC route remains available. Compliance stays intact; the paperwork simply becomes less manual.
The bottom line
DBS Bank India publishes its rate sheet every working day and revises it intraday. On 7 September 2026 its USD TT buying rate was ₹92.56, about 2.10% below a daily mid-market reference rate of ₹94.55.
If you receive export income, the TT buying rate is the one that applies to you. Check it on the sheet, then check your Foreign Inward Remittance Advice (FIRA) to see what rate actually applied.
Frequently asked questions
DBS quotes a TT buying rate for money you receive, a TT selling rate for money you send, and a card rate for card and cash use. Each sits a margin away from the mid-market rate, and that margin is the main cost.
DBS Remit waives the service fee on supported corridors, such as USD to the USA or SGD to Singapore, and charges ₹500 on others. But the exchange-rate margin still applies, so "no fee" does not mean no cost.
DBS applies its TT buying rate margin on an inward credit, and a correspondent bank may deduct its own fee. A FIRC costs a nominal charge plus GST if you request one.
No. DBS India quotes rupee rates for Indian accounts, while DBS Singapore quotes Singapore-side rates. For money received into an Indian account, the DBS India TT buying rate applies.
Use DBS's forex rates page on its website, and check the DBS India page for INR rates. The exact rate applied to your transfer appears on your credit advice or FIRA.
Google shows the mid-market rate. DBS adds a spread of roughly 1.5% to 3%, so the rate you receive is below it. The applied rate on your FIRA reflects that margin.
Savings depend on your volume and the rate margin. On regular mid-to-large receipts, converting at the mid-market rate with a visible fee can meaningfully cut FX costs compared with a bank spread.
No. The TT buying rate sits below the mid-market rate, and that gap is the bank's margin on the conversion. DBS Bank India publishes both a buying and a selling rate each working day and revises them intraday. Today's figures, with the time DBS Bank India published them, are in the rate table at the top of this page.
The TT rate applies to wire transfers, so it is the one used when an inward remittance is credited to your account. The card rate applies to forex travel cards and carries a wider margin. Do not use a card rate to estimate what an inward wire will fetch. Both are in the table at the top of this page.
