how to link paynow to dbs
熊猫速汇PandaRemit - 2025-12-30 18:35:39.0 10
To link PayNow to DBS, simply log in to your digibank mobile app, navigate to "Pay & Transfer," select "PayNow," and register your Mobile Number or NRIC. Once linked, you unlock seamless payments via PayNow to fund international transfers that can arrive in as little as 2 minutes using Panda Remit.
Step-by-Step Guide: Registering PayNow with DBS Digibank
Linking your account is essential for enabling instant peer-to-peer transfers and funding cross-border remittances. Follow this official 1-2-3 guide to complete the setup via the DBS digibank mobile app:
- Log in and Navigate: Open your DBS digibank app and log in. Tap on the "Pay & Transfer" icon on the home screen, then select "PayNow".
- Select Profile to Link: Tap on "Your Profile". You will see options to register your Mobile Number or NRIC/FIN. Select the identifier you wish to link to your bank account.
- Confirm and Verify: Choose the DBS/POSB bank account you want to link to this proxy. Review the details and tap "Register Now" to complete the process. You will receive an SMS confirmation immediately.
Optimizing Your PayNow: Global Remittance Comparison
Once you have learned how to link PayNow to DBS, you can use it as a funding method for international remittances. Unlike traditional bank wires which can take 2-4 days, using PayNow with a specialized remittance provider ensures speed and cost-efficiency.
Below is a comparison of how Panda Remit performs against traditional banks and other providers when funding via PayNow:
| Feature | Panda Remit | DBS Remit | Wise | Singtel Dash |
|---|---|---|---|---|
| Funding Method | PayNow (Instant) | Account Deduction | PayNow / Bank Transfer | e-Wallet Balance |
| Transfer Speed | As fast as 2 mins | 1-3 Working Days | Varies (mins to days) | Instant to specific partners |
| Exchange Rates | Competitive (Zero hidden fees) | Bank Rate (Often includes markup) | Mid-market Rate | Competitive |
| Regulatory Status | MAS Licensed (MPI) | MAS Licensed (Bank) | MAS Licensed (MPI) | MAS Licensed (MPI) |
| New User Offer | Zero-fee first transfer | N/A | N/A | Occasional promos |
Security and Compliance: Why Trust Panda Remit?
When linking your bank account to third-party services, security is paramount. Panda Remit is a Major Payment Institution strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We utilize bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure that when you use PayNow to fund a transfer, your money is safe.
By choosing Panda Remit, you benefit from exchange rates significantly better than traditional banks and enjoy a transparent process where funds arrive 24/7.
Explore More on Singapore Remittance
If you are looking to maximize the utility of your DBS account, consider these related topics:
- How to increase PayNow transfer limit DBS: Ensure your daily limits are set correctly to accommodate larger international transfers.
- PayNow to Alipay/WeChat: Learn how to use your linked PayNow account to send funds directly to digital wallets in China.
Ready to experience faster global transfers? Register with Panda Remit today to enjoy zero fees on your first remittance.
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.
