Telegraphic Transfer (TT)
If you are not in Singapore or only maintain an overseas bank account, IRAS may accept payment by Telegraphic Transfer.
Please provide the following information to your bank when making payment:
Payee: Commissioner of Inland Revenue
Account: DBS Bank Ltd
Shenton Way Branch
DBS Swift Code: DBSSSGSG
Account Type: DBS Current Account
For security reasons, the bank account number is not displayed on this website.
Please call 1800 356 8300 (Salaried Employee, Self-Employed/ Partnership) or (+65) 6356 7012 (Section 45 Withholding Tax) for the bank account no. to make a Telegraphic Transfer. For overseas callers, when dialling numbers beginning with "1800", please replace "1800" with our country code "65", followed by "6" and the number you wish to call. E.g. instead of 1800 XXX XXXX, dial 65 6XXX XXXX.
In addition, please provide the following information: your name, the Tax Reference No., taxpayer's name and purpose of the payment: for example, Individual Income Tax, S45 Withholding Tax, Tax Clearance, on the remittance advice.
For prompt updating of your payment into your tax account, please send the Notification Funds Transfer Form to us via any of the following modes:
We encourage you to remit in Singapore currency in order to avoid not settling the liability in full due to differences in exchange of the foreign currency.
There will be a bank processing fee and other agent bank charges imposed when you make a Telegraphic Transfer. To ensure that the full amount of tax payable is remitted to IRAS, please instruct your bank that "Telegraphic Transfer / other agent bank charges to be borne by the applicant" instead of the beneficiary. Otherwise, the amount remitted may not be sufficient to cover your outstanding tax liability in full. Enforcement actions may be taken to recover any outstanding tax.
Depending on the currency, country and the agent bank used, payment might be received by IRAS within 10 - 21 working days. Your payment will be posted into the tax account within five working days once we have received the payment and the Notification Funds Transfer form.
To check your latest tax position, please go to myTax Portal - 'View Account Summary'.