how to apply paynow ocbc
熊猫速汇PandaRemit - 2025-12-31 20:25:15.0 7
To apply for PayNow with OCBC, simply log in to the OCBC Digital app, navigate to the 'Settings' menu, select 'Manage PayNow,' and link your mobile number or NRIC to your bank account. This setup allows for seamless payments and enables you to fund international transfers via Panda Remit, where funds can arrive in as little as 2 minutes.
Step-by-Step: Registering for PayNow via OCBC Digital
Setting up PayNow is a prerequisite for enjoying fast, cashless transactions in Singapore. Follow this official 1-2-3 guide to link your account immediately:
- Log in and Navigate: Open your OCBC Digital app and log in using your access code and PIN or biometrics. Tap on the top-left menu bar and select "PayNow".
- Select Registration Profile: Choose to register using your Mobile Number or NRIC/FIN. Using your mobile number is recommended for easier peer-to-peer transfers.
- Link and Confirm: Select the OCBC current or savings account you wish to link. Review your details and tap "Confirm" to complete the setup. You will receive an SMS notification upon successful registration.
Why Use PayNow? Seamless Global Payouts with Panda Remit
Once you have applied for PayNow with OCBC, you unlock the ability to fund cross-border remittances instantly. Panda Remit supports PayNow as a primary funding method, ensuring your money moves without the delays associated with traditional bank wires.
As a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) (License No. PS20200501), Panda Remit combines speed with bank-grade security. By using PayNow to fund your transfer, you benefit from our 24/7 real-time processing, ensuring your loved ones receive funds quickly and safely.
Comparison: Panda Remit vs. Banks & Competitors
See how using PayNow with Panda Remit compares to traditional banking methods and other fintech apps in Singapore regarding speed, cost, and transparency.
| Feature | Panda Remit | DBS Remit | Wise | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As little as 2 mins | 1-3 Business Days | Varies (Minutes to Days) | Instant to specific partners |
| PayNow Integration | Seamless In-App | N/A (Direct Debit) | Supported | Supported |
| Exchange Rates | Market-leading rates | Bank rate + Markup | Mid-market rate | Competitive |
| Hidden Fees | Zero hidden fees | Cable/Agent fees may apply | Variable fees | Transaction fees apply |
| Regulatory Status | MAS Licensed (MPI) | MAS Licensed (Bank) | MAS Licensed (MPI) | MAS Licensed (MPI) |
Explore More on Singapore Remittance
Now that you have mastered how to apply paynow ocbc, you might be interested in optimizing your international transfers further. Here are common questions from our users:
- What is the daily PayNow transfer limit for OCBC?
By default, the limit is often set to SGD 1,000 or SGD 5,000, but you can adjust this up to SGD 200,000 via the OCBC app to accommodate larger remittances through Panda Remit. - Is it safe to use PayNow for remittance funding?
Yes. PayNow is managed by the Association of Banks in Singapore. When combined with Panda Remit's bank-grade SSL encryption, your transaction is secure from end to end.
Ready to experience faster global transfers? Register with Panda Remit Singapore today and enjoy zero fees on your first transfer.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
