how to create paynow ocbc
熊猫速汇PandaRemit - 2025-12-31 20:41:08.0 10
Quick Answer: To create PayNow with OCBC, log in to the OCBC Digital app, navigate to "PayNow" in the menu, and link your mobile number or NRIC to your bank account. Once registered, you can utilize Seamless Payment options to fund international transfers via Panda Remit, ensuring Lightning-Fast Transfers that arrive in as little as 2 minutes.
Step-by-Step: Setting Up PayNow on OCBC
Setting up PayNow is essential for modern digital banking in Singapore. Follow this 1-2-3 guide to link your account instantly using the OCBC Digital App:
- Log in and Navigate: Open your OCBC Digital app and log in. Tap on the top-left menu bar, select PayNow, and then tap on Register / Manage NRIC/FIN or Register / Manage Mobile Number.
- Link Your Details: Select the OCBC Current or Savings Account you wish to link. You can choose to link your NRIC, mobile number, or both as your PayNow proxy.
- Confirm and Activate: Review your details and tap "Submit." You will receive an SMS notification confirming that your PayNow registration is successful. You can now receive funds and make payments instantly.
Why Use PayNow with Panda Remit?
Once you have learned how to create paynow ocbc, you unlock the ability to send money globally with superior efficiency. By funding your Panda Remit transactions via PayNow, you benefit from:
- Regulated & Secure Transactions: Panda Remit is a Major Payment Institution licensed by the Monetary Authority of Singapore (MAS) (License No. PS20200501). We employ bank-grade SSL encryption to protect your funds.
- Cost Efficiency: Unlike traditional banks that may charge hidden fees, Panda Remit offers competitive exchange rates and transparent pricing.
Comparison: Panda Remit vs. Competitors
See how Panda Remit stacks up against other providers when funding via PayNow:
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As little as 2 mins | Varies (Minutes to Days) | Same Day (Cut-off times apply) | Instant to specific partners |
| Regulatory Status | MAS Licensed (PS20200501) | MAS Licensed | Bank Regulated | MAS Licensed |
| Exchange Rates | High Competitive Rates | Mid-market rate | Bank Board Rates (Higher spread) | Standard App Rates |
| PayNow Integration | Seamless In-App | Supported | Internal Transfer | Top-up required |
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments further, consider these common queries:
- What is the daily PayNow limit for OCBC?
Default limits are often set to SGD 1,000 but can be adjusted up to SGD 200,000 via the app, allowing for larger remittances. - How to change PayNow name OCBC?
Your PayNow display name defaults to your account name. To change how it appears to recipients, you must update your profile settings within the OCBC Digital banking portal.
Ready to experience faster, safer global transfers? Register with Panda Remit today and 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.