how to transfer money to uob kay hian
熊猫速汇PandaRemit - 2025-12-31 18:56:39.0 9
To transfer money to UOB Kay Hian, the most efficient method for local Singapore accounts is via PayNow (UEN) or FAST transfer. However, for global investors funding their Singapore accounts or repatriating trading profits, Panda Remit offers a superior solution. It ensures funds arrive in as little as 2 minutes thanks to 24/7 real-time processing (Advantage A), while safeguarding your capital as a Major Payment Institution licensed by the MAS (Advantage B).
Step-by-Step Guide: Funding Your UOB Kay Hian Account
Whether you are a local trader or managing cross-border capital, follow these steps to ensure your funds reach your brokerage account securely.
1. For Local Transfers (Singapore Bank to UOBKH)
If your funds are already in a Singapore bank account, use PayNow for instant settlement:
- Log in to your local bank app (e.g., DBS/POSB, OCBC, UOB).
- Select PayNow and enter the UOB Kay Hian UEN: 197000447W.
- Reference Number: Crucial—enter your 7-digit UOB Kay Hian trading account number.
- Confirm: The entity name should appear as "UOB KAY HIAN PTE LTD".
2. For International Transfers (Global to Singapore)
If you need to move funds from overseas (e.g., Malaysia, India, China) to your Singapore bank account to fund your trades, traditional bank wires are slow and expensive. Use Panda Remit for a seamless experience:
- Register: Sign up with Panda Remit and verify your identity.
- Input Amount: Enter the amount you wish to send to your Singapore bank account. Enjoy competitive exchange rates significantly better than traditional banks.
- Transfer: Complete the transfer. With our Lightning-Fast Transfers, funds can arrive in your SG account in as little as 2 minutes, ready to be forwarded to UOB Kay Hian via PayNow.
3. Verify the Transaction
Once the transfer is complete, log in to your UTRADE account. Funds transferred via PayNow/FAST usually reflect within 15 minutes, while international transfers via Panda Remit provide real-time tracking updates.
Comparison: Panda Remit vs. Competitors
When moving investment capital across borders to or from Singapore, choosing the right remittance partner is critical for maximizing your principal. Here is how Panda Remit compares to other market players:
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Speed | As fast as 2 mins (24/7 Real-time) | Varies (Minutes to Days) | Same day to 3 days | Instant to 3 days |
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | MAS Licensed | MAS Licensed |
| Exchange Rates | Market-leading rates with zero hidden fees | Mid-market rate + variable fee | Bank rates (often higher spreads) | Competitive, varies by corridor |
| Security | Bank-grade SSL & Multi-layer anti-fraud | Standard Encryption | Bank-grade Security | Standard Encryption |
Why Security Matters for Investment Remittance
When dealing with brokerage funding, security is non-negotiable. Panda Remit is strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We implement bank-grade SSL encryption and multi-layered anti-fraud protocols. This ensures that whether you are depositing capital or withdrawing profits, every transaction is transparent, compliant, and highly secure.
Explore More on Singapore Remittance
- How to withdraw trading profits from Singapore to overseas bank accounts?
Learn how to repatriate your investment earnings efficiently using Panda Remit's global payout network. - What is the UOB Kay Hian PayNow UEN for foreign investors?
Understand the specific details required for non-residents managing Singapore brokerage accounts.
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.
