if u want to transfer to another bank, example POSB/DBS to UOB
or OCBC or any other bank, and u want the money to reach in 1
working day, you can approach the counter staff to request for a
MEPS/TT. Charges apply.
Alternatively, approach your bank and get them to issue a cashier's
order (cheque) to the receiving party's name. Then give him the
chq. Charges apply for 3rd party payee.
The fastest method is to withdraw cash and deposit into other
party's bank using their Cash Deposit Machine. Free.