What is PayNow?

PayNow is a convenient Singapore dollar payment method that enables clients of participating Singapore banks to instruct deposits of up to SGD 200,000 per transfer, via the FAST network, from your Singapore bank account to your IBKR account using either IBKR Singapore's Unique Entity Identifier ("UEN") or by scanning a QR code with your mobile banking application.

For more information on depositing funds via PayNow, please refer to How to transfer using PayNow?

Additional Information

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What is eGIRO (Electronic Giro)?
How long will it take for my SGD transfer to arrive?
What is UEN?