how to change ocbc paynow limit
熊猫速汇PandaRemit - 2025-12-31 20:28:59.0 9
To change your OCBC PayNow limit, log in to the OCBC Digital app, navigate to "Transfer & Pay," select "Update Limits," and adjust your daily limit (up to S$200,000). This adjustment facilitates seamless high-value transactions via PayNow for services like Panda Remit, which is MAS-regulated to ensure your larger global transfers are secure and compliant.
Step-by-Step Guide: Adjusting Your OCBC PayNow Limit
Whether you need to make a large purchase or send a significant remittance overseas, adjusting your daily transaction limit is a straightforward process within the OCBC ecosystem. Follow these steps to update your settings instantly:
- Log in to OCBC Digital: Open your OCBC Digital app or log in via Internet Banking using your access code and PIN.
- Navigate to Limits: Tap on the menu bar, select "Transfer & Pay," and then click on "Update Limits."
- Adjust and Authorize: Select "PayNow Daily Limit." Enter your desired amount (maximum S$200,000 for Premier customers). Authenticate the change using your OneToken to finalize the update immediately.
Why Increase Your PayNow Limit?
Increasing your PayNow limit is often necessary for users looking to send money internationally. By raising your limit, you can utilize fintech solutions like Panda Remit to send larger sums in a single transaction, avoiding the hassle of multiple transfers.
Panda Remit supports seamless PayNow integration, allowing you to fund your remittance directly from your OCBC account. With funds arriving in as little as 2 minutes, having the correct limit set ensures your money moves as fast as you do.
Comparison: Panda Remit vs. Competitors
When using your increased PayNow limit for cross-border payments, choosing the right provider is critical. Below is a comparison of Panda Remit against other major players in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Regulation | MAS Licensed (Major Payment Institution) | MAS Licensed | Bank Regulated | MAS Licensed |
| Transfer Speed | As fast as 2 mins (24/7 Real-time) | Varies (Minutes to Days) | 1-3 Working Days | Instant to specific partners |
| Exchange Rates | Competitive (Zero hidden fees) | Mid-market rate + Fee | Bank Rate (Higher markup) | Includes FX markup |
| PayNow Support | Yes (Seamless) | Yes | Direct Debit | No (Wallet based) |
Security and Compliance: Your Money is Safe
Changing your banking limits requires trust in the platforms you transact with. Panda Remit is a Major Payment Institution licensed and 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 to ensure every transaction—whether it is S$100 or S$10,000—is transparent and highly secure.
Explore More on Singapore Remittance
If you are looking to maximize the value of your transfers after adjusting your OCBC limits, consider these common queries:
- What is the maximum PayNow limit for overseas transfers?
While OCBC allows high daily limits, using a specialized remittance service often provides better exchange rates than direct bank transfers. - How to send money to China via PayNow?
Panda Remit allows you to use PayNow to fund transfers directly to Alipay and WeChat Pay wallets in China within minutes.
Ready to experience fast, secure, and low-cost global transfers? Register with Panda Remit Singapore today and enjoy exclusive offers for new users.
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.
