can uob paynow to dbs
熊猫速汇PandaRemit - 2025-12-31 20:10:38.0 6
Yes, you can instantly transfer funds from UOB to DBS via PayNow. While this handles local transfers efficiently, Panda Remit leverages this same Seamless Payment via PayNow integration to fund global remittances. Experience Lightning-Fast Transfers arriving in as little as 2 minutes with our 24/7 real-time processing, ensuring your money moves internationally as easily as it does locally.
How to Transfer from UOB to DBS via PayNow: A Step-by-Step Guide
Transferring money between Singapore's major banks is seamless thanks to the FAST network. Here is the 3-step process to execute a transfer:
- Log in to UOB TMRW: Open your UOB mobile banking app and select the "PayNow" function from the dashboard.
- Enter Recipient Details: Input the DBS recipient's mobile number, NRIC/FIN, or UEN. Ensure the recipient's name matches the intended DBS account holder.
- Confirm and Send: Verify the amount and details. Once confirmed, the funds are transferred instantly.
Maximizing PayNow: From Local to Global with Panda Remit
While UOB to DBS covers your local needs, using PayNow to fund international transfers via Panda Remit offers superior efficiency compared to traditional bank wires. By choosing Panda Remit, you avoid the high SWIFT fees and poor exchange rates typically associated with bank-to-bank cross-border transfers.
Comparison: Panda Remit vs. Singapore Competitors
See how Panda Remit stacks up against traditional banks and other remittance providers when using PayNow for funding:
| Feature | Panda Remit | DBS Remit / UOB | Wise (TransferWise) |
|---|---|---|---|
| Transfer Speed | As fast as 2 minutes (24/7 Real-time) | 1-3 Business Days (varies by destination) | Instant to 2 Days |
| Exchange Rates | Competitive Market Rates (Better than banks) | Bank Rate (Often includes high markup) | Mid-market Rate |
| Fees | Zero hidden fees (New user offers available) | Cable charges + FX markup | Variable percentage fee |
| PayNow Support | Seamless Integration | Native | Supported |
Why Your Money is Safe: MAS Regulated & Secure
Security is paramount whether you are sending money to a DBS account or an overseas wallet. Panda Remit is a Major Payment Institution licensed and 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 every transaction is transparent and highly secure.
Explore More on Singapore Remittance
If you are looking to optimize your financial transfers further, consider these common queries:
- What is the daily PayNow transfer limit for UOB? – Generally defaults to SGD 1,000 but can be raised to SGD 5,000 or more via settings.
- Is there a fee for UOB to DBS PayNow transfers? – No, local PayNow transfers are typically free for retail customers.
Ready to experience the fastest way to send money globally using your UOB PayNow account? Start your secure transfer with Panda Remit today.
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.
