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What do you need help with?
you are in GROUP WHOLESALE BANKING
Pay and receive transfers securely, in real-time.
Enjoy the convenience of making payments any time, any day, 24/7.
Receive instant confirmation on your payments for greater peace of mind.
| Payment types | Amount |
| Transaction fee | S$0.50 per item via UOB Infinity or UOB SME app |
| Payment types |
| Transaction fee |
To find out more about our rates and fees, please click here.
FAST (Fast and Secure Transfers) is an electronic funds transfer service that allows customers to transfer Singapore Dollar funds almost instantly and 24x7 between FAST participating banks and non-bank financial institutions.
For the latest list of participating institutions, please refer to https://www.abs.org.sg/consumer-banking/fast.
In response to the increased customer demand for more convenient and efficient funds transfer methods, PayNow was introduced to simplify the transfers without the need for senders to know the recipient's bank and account number. Businesses can now easily send funds by using the recipient's mobile number and/or Singapore NRIC/FIN for individuals, the Unique Entity Number (UEN) for corporate recipients and the Virtual Payment Address (VPA) for NFI eWallet holders.
FAST is available anytime, 24x7, 365 days.
No. The recipient's bank account number is required to use FAST. The recipient's name is for reference purposes only.
No, FAST can only be used for Singapore Dollar funds transfers between accounts held with participating banks and non-bank financial institutions in Singapore.
You will know the status of the transfer by accessing your bank account via UOB banking apps. Please contact our Corporate Call Centre at 1800 226 6121 immediately if you have made a wrong funds transfer.
Note: Please exercise caution and due care when inputting the amount and crediting account details. Funds transferred via FAST will be credited to the recipient's account almost instantly.
Businesses may use any one of the below electronic delivery channels for making FAST payments. This includes PayNow Transfers via the FAST network.
a. UOB Infinity or UOB SME app
b. Regional File Transfer Service
c. UOB API Services
Yes, each FAST transaction is subject to an industry clearing limit of SGD200,000.
Yes, FAST payments are subject to the same security standards applied to all funds transfers effected via internet banking for businesses, which require the use of the security token.
You can contact us via the following:
Email: customer.service@uobgroup.com
Phone: Corporate hotline 1800 226 6121 and select the FAST option.
You need to provide your clients the following:
a. Bank Name:
• United Overseas Bank, (SWIFT BIC UOVBSGSGXXX)
b. For current or savings account
• Your 10 digit UOB account number
c. Your Account Name (for reference only, as all crediting will be processed based on Account Number)
Terms & Conditions for FAST Credit Transfer .
Pay your recipients with just their mobile number, NRIC/FIN, UEN or VPA with PayNow.
The most cost-efficient way to make SGD payments.
Real-time gross settlement system for high-value SGD interbank fund transfers.
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