PayNow

Receiving and sending money to your family and friends is now quicker and simpler. With just a mobile number or National Registration Identity Card (NRIC), PayNow lets you transfer funds across participating banks¹ without the hassle of lengthy bank account numbers.

You can also make payments to corporates, such as companies, banks, and government agencies, when you PayNow to the corporate’s Unique Entity Number (UEN) or scan a Singapore Quick Response Code (SGQR) code with the HSBC Singapore app.

¹Participating banks include Bank of China, Citibank Singapore Limited, DBS/POSB, HSBC, Industrial and Commercial Bank of China Limited, Maybank, OCBC Bank, Standard Chartered Bank, and UOB.

PayNow is a convenient way to receive and transfer funds.

• Transfer funds - By using PayNow, you can pay another individual who has registered for PayNow using their NRIC or mobile number. You can also transfer funds to corporates and entities using their Unique Entity Number (UEN). You do not need to know their bank account number, bank name or branch name to make the transfer.
• Receive funds - Likewise, by registering for PayNow you can receive funds by providing your NRIC or mobile number to the paying party. You do not need to give them your bank account number, bank name or branch name.

• Paying party - You do not need to register for PayNow and can transfer funds to a PayNow registered recipient using either HSBC's Online Banking facility or HSBC's mobile banking service.
• Funds recipient - You must have already registered for PayNow before you can receive funds by providing you NRIC or mobile phone number to the paying party.

You can register for PayNow using our HSBC Singapore app or Online Banking facility. The registration process should take you less than a minute. By registering for PayNow, you are linking your savings or current account to your NRIC and/or the mobile number that you have registered with HSBC.

There is no fee for PayNow registration.