Here is some information regarding SGD transfers to Singapore.
General Info
Sending to a Personal Bank Account
Sending to a Business Bank Account
General Info
| MoneyMatch Fee | MYR 8, check the latest rates and fees |
| Sender Country Supported | Malaysia (MYR) |
| Destination Country Supported | Singapore |
| Delivery Time | 1-2 business days* |
|
Daily Transaction Limits (Per transfer) MYR equivalent |
|
|
Payout Method |
Bank Transfers or PayNow |
Sending to a Personal Bank Account in Singapore
| Recipient Account Number | digits, all numbers |
| Account Title/ Name | |
| Recipient Name | |
| Recipient ID Type & Number | IC (Malaysia/Singapore), Passport, Government Issued ID |
| Recipient Phone Number | |
| Recipient Email Address | |
| PayNow ID Type (optional) | Mobile Number/ Government Issued ID (Singapore IC) |
| PayNow ID Number (optional) |
Sending to a Business Bank Account in Singapore
| Recipient Account Number | digits, all numbers |
| Account Title/ Name | |
| Recipient's Company Name | |
| Recipient's Company Registration Number | UEN (Unique Entity Number) |
| Recipient Phone Number | |
| Recipient's Email Address | |
| Recipient's Company Address | Address, City, Postal Code |
| PayNow ID Type (optional) | Mobile Number/ UEN Number |
| PayNow ID Number (optional) |
Payout Method via PayNow is available!
Your recipients can now receive funds via PayNow!
PayNow is a fund transfer service launched by the Association of Banks in Singapore (ABS). Your recipients can now receive the SGD funds into their designated bank account of the participating banks by just providing one of the following:
- mobile number
- Singapore IC (for personal recipients)
- UEN Number (for business recipients)
Kindly note the recipient must have a PayNow Profile for the transfer to be completed
If your recipient doesn't wish to receive via PayNow, or the recipient bank isn't one of the supported banks, kindly select "N/A" in the PayNow ID Type from the dropdown menu when requested.
List of Supported Recipient Banks for PayNow
| For Personal Recipients | For Business Recipients |
| Bank of China | Citibank Singapore Limited |
| Citibank Singapore Limited | DBS Bank/POSB |
| DBS Bank/POSB | HSBC |
| HSBC | Maybank |
| Industrial and Commercial Bank of China Limited | OCBC Bank |
| Maybank | Standard Chartered Bank |
| OCBC Bank | UOB |
| Standard Chartered Bank | |
| UOB |