how to transfer money to paylah
熊猫速汇PandaRemit - 2025-12-31 18:47:18.0 9
To transfer money using DBS PayLah!, simply utilize the PayNow integration within the app for local transactions. For international remittances, you can fund transactions via PayLah! (through PayNow) on Panda Remit to enjoy seamless global payouts (USP D), ensuring your money reaches its destination in as little as 2 minutes (USP A).
Using PayLah! for Global Remittances: A Strategic Guide
While DBS PayLah! is a staple for local Singaporean transactions, its integration with PayNow makes it a powerful tool for funding cross-border transfers. By linking your PayLah! wallet to a specialized remittance service like Panda Remit, you unlock exchange rates that beat traditional banks and ensure rapid delivery.
Step-by-Step: How to Transfer Money via PayLah! for Remittance
Follow this 1-2-3 guide to transfer money from your PayLah! wallet to international recipients using Panda Remit:
- Initiate the Transfer on Panda Remit: Log in to your Panda Remit account and enter the amount you wish to send. You will immediately see the competitive exchange rate and the exact amount the recipient will get.
- Select PayNow as Your Payment Method: At the payment stage, choose PayNow. Panda Remit will generate a unique QR code or UEN (Unique Entity Number) for the transaction.
- Complete Payment in PayLah!: Open your DBS PayLah! app, tap on the 'Scan' or 'PayNow' function, and scan the Panda Remit QR code. Confirm the transfer to finalize the process.
Comparison: Panda Remit vs. Competitors
When transferring money internationally using funds from your Singaporean accounts, choosing the right provider is crucial. Below is a comparison of Panda Remit against other major players in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As fast as 2 minutes | Varies (Minutes to Days) | Same-day (Cut-off times apply) | Instant to specific partners |
| Exchange Rates | Mid-market + (Low spread) | Mid-market | Bank Rate (Often higher spread) | Competitive |
| Fees | Zero hidden fees (New user offers available) | Variable percentage fee | $0 transfer fee (FX markup applies) | Transaction fees apply |
| PayNow/PayLah Support | Yes (Seamless) | Yes | Direct Debit | In-app wallet |
Why Trust Panda Remit with Your Money?
Security is paramount when moving funds. Panda Remit is not just fast; it is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) under license number PS20200501. We employ bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and secure. You can verify our regulatory status here.
Explore More on Singapore Remittance
1. Can I transfer money from PayLah! to Alipay directly?
Direct transfers from PayLah! to Alipay are limited. However, you can use Panda Remit to transfer funds from PayLah! (via PayNow) directly to an Alipay account in China, often arriving within minutes.
2. What are the limits when I transfer money to PayLah for remittance?
Your transfer limit depends on your PayLah! wallet limit (typically SGD 999 or SGD 2,000). For larger remittances, we recommend funding your Panda Remit transaction directly via bank transfer.
Ready to experience faster, safer global transfers? Sign up with Panda Remit Singapore today and enjoy exclusive rates for 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.
