how to increase paynow limit uob
熊猫速汇PandaRemit - 2025-12-31 20:51:46.0 10
To increase your UOB PayNow limit, log in to UOB Personal Internet Banking, navigate to "Services," select "Change Daily Limit," and adjust your PayNow settings (default is usually S$1,000, adjustable up to S$5,000). Once updated, you can leverage Panda Remit for seamless payments via PayNow (Advantage D) to send funds globally, with transactions arriving in as little as 2 minutes (Advantage A).
Step-by-Step Guide: Changing Your UOB PayNow Limit
Whether you are paying a merchant or sending a remittance, adjusting your daily limit is essential for larger transactions. Follow these 3 steps to adjust your limit via UOB Personal Internet Banking:
- Log In & Navigate: Access your UOB Personal Internet Banking account. From the left-hand menu, click on Services and select Change Daily Limit.
- Select PayNow Settings: Locate the "PayNow Transfer" section. By default, this may be set to S$1,000. You can increase this limit up to S$5,000 per day for standard PayNow transfers.
- Authenticate & Save: Enter your new desired limit. You will need to authenticate this change using your UOB SecurePlus Token or SMS OTP. Once confirmed, the new limit applies immediately.
Note: For transfers exceeding S$5,000, consider using UOB's standard fund transfer options or linking your account directly to a specialized remittance provider.
Compare: Maximizing Your Higher Limits for Global Transfers
Once you have increased your PayNow limit, you can use it to fund international remittances more efficiently. Below is a comparison of how Panda Remit stacks up against traditional banks and other providers in Singapore when using PayNow for funding.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| PayNow Integration | Seamless (Direct In-App) | Supported | N/A (Direct Debit) | Supported |
| Transfer Speed | As fast as 2 mins | Varies (1-2 days) | 1-3 Working Days | Instant to specific wallets |
| Exchange Rates | Mid-market + Zero Hidden Fees | Mid-market + Variable Fee | Bank Rate (Higher Markup) | Competitive |
| Regulatory Status | MAS Licensed (MPI) | MAS Licensed | MAS Licensed (Bank) | MAS Licensed |
| 24/7 Availability | Yes | Yes | Limited Processing | Yes |
Why Security Matters: MAS Regulation
When increasing your transaction limits, security is paramount. Panda Remit is not just fast; it is Regulated & Secure (Advantage B). We are 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's S$100 or S$5,000—is transparent and highly secure.
Explore More on Singapore Remittance
If you are looking to optimize your cross-border payments further, consider these related topics:
- What is the maximum UOB transfer limit for overseas remittance?
While PayNow is capped at S$5,000, UOB allows higher limits for direct transfers. However, using Panda Remit often provides better exchange rates for large sums. - How to send money to China via PayNow?
You can use your increased UOB PayNow limit to fund your Panda Remit account, which supports direct payouts to Alipay and WeChat Pay. Register with Panda Remit Singapore to start sending 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.
