Why use PayNow?
- Safe and secure transfers
- Available 24 x 7, anytime and anywhere
- Instant payments to individuals or corporates
What is PayNow?
Receiving and sending money to your family and friends is now quicker and simpler. With just a mobile number or 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).
How to Register?
To start receiving money, register for PayNow by linking your HSBC Current or Savings Account to your mobile number or NRIC.
- Log on to Online Banking
- Select your desired proxy account and nickname
- Review your details and confirm
Key Features of PayNow
Simple and secure
Adopted with high security standards established by the local banking industry, perform your PayNow fund transfers anytime and anywhere at ease.
Transfer island-wide across an extensive network
PayNow can be used to perform interbank local transfers across 9 participating banks, between individuals and entities.
Hassle-free way to send and receive money
In just a few taps, you can pay and receive money easily. Simply use HSBC Personal Internet Banking or Mobile Banking to access such features.
Easy access transfers
You can transfer up to S$1,000 daily without the need for your security device, or up to S$200,000 or your 3rd party transaction daily limit, whichever is lower, with your security device.
Not Registered for Personal Internet Banking yet?
Sign up today in 3 easy steps to gain immediate access to your accounts and enjoy the full functionalities online:
Step 1: Authenticate yourself with your debit, credit or ATM card
Step 2: Create your username and passwords
Step 3: Set up your security questions
Banking at your fingertips
Download the HSBC Mobile Banking app to perform your PayNow transfers in just a few taps.