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Common Ground News

Can UOB transfer to POSB?

Author

David Ramirez

Updated on March 07, 2026

Can UOB transfer to POSB?

“ UOB fund transfer to other banks such as POSB/DBS can be done via FAST transfer which allows the money to be transferred over instantly. The daily transfer limit depends on the limit settings of your account, it can be changed easily.

Moreover, can UOB PayNow to POSB?

PayNow is a funds transfer service that allows users of nine banks to transfer cash in SGD to anyone else who has an account with one of these 9 participating banks: DBS/POSB, UOB, OCBC, Citibank, HSBC, Maybank, Standard Chartered, BOC and ICBC.

Also, how do I transfer money from UOB to another bank?

  1. Insert UOB card and enter your PIN.
  2. Select “Other Transactions”.
  3. Select “Funds Transfer”.
  4. Select either “From Linked Current Account” or “From Linked Savings Account”.
  5. Select the account number to transfer from.
  6. Select “To Other Bank's Account”.

In this way, can POSB account transfer to UOB?

When splitting of bills after a gathering or buying stuff online, it is common to do a bank transfer from your POSB/DBS account to another local bank account (such as OCBC, HSBC, Maybank, UOB etc). With iBanking, it is easy to do a fund transfer to these local banks.

How do I transfer money to my POSB account?

Transfer Funds to Other POSB/DBS Account

  1. Log in to digibank Online with your User ID and PIN.
  2. Select Transfer and click Other DBS or POSB Account.
  3. Log in with your 6-Digit iB Secure PIN.
  4. Choose the Recipient you wish to transfer your money to.
  5. Select the Account you wish to transfer from.
  6. Select the Currency and indicate the Amount you wish to transfer.

Is DBS and POSB account the same?

POSB was acquired by DBS, as the Government sought to give DBS enough muscle to become a regional financial powerhouse. POSB was fully acquired by DBS Bank on 16 November 1998 for S$1.6 billion. For example, DBS Bank depositors may use the Cash Deposit Machine installed islandwide in POSBank branches and vice versa.

Which is better PayNow or PayLah?

PayLah! is the best choice for DBS and POSB bank customers because its features will integrate automatically with their bank accounts. Unlike PayNow, PayLah! is more of a lifestyle app that offers discounts, cashback and other promotions which can save you money in the long run.

How do I use PayNow POSB?

Apply for PayNow
  1. Log in to digibank Mobile with your Touch / Face ID or digibank User ID & PIN.
  2. Tap Pay & Transfer and select PayNow.
  3. Tap Your Profile, select either: Register your Mobile No. Confirm your Mobile Number and enter your preferred PayNow Nickname. Select the Account you wish to link to PayNow and tap Next.

Can I use POSB card at UOB ATM?

Can I use my POSB/DBS/OCBC ATM/debit/credit card if it is linked to my savings/current account at POSB/DBS/OCBC? Yes, customers to key in the relevant PIN code of the POSB/DBS/OCBC card to make payment from their POSB/DBS/OCBC savings/current account.

How do I get my money from PayLah?

Request Funds using DBS PayLah!
  1. Log in to DBS PayLah! with your Touch / Face ID or PayLah! Password.
  2. Tap and enter the Amount you wish to request.
  3. Select the Recipient(s) from your contact list or enter their Mobile Number if required and tap Done.
  4. Tap Next to initiate the request of funds.

How do I transfer money online UOB?

Steps to set up recurring funds transfer
  1. Login into UOB Mighty app and tap on "Pay/Transfer".
  2. Tap on the Account Type you wish to pay or transfer to.
  3. Tap on the Account you wish to pay or transfer the fund to.

Can UOB use PayLah?

While you don't need a DBS/POSB account to use PayLah, you do need an OCBC account to use Pay Anyone. That aside, Pay Anyone works similarly to PayLah and also supports PayNow, so you can also send money to PayNow-registered people via through their mobile or NRIC/FIN numbers, whether or not they have an OCBC account.

How do I know if I have PayNow?

Steps to check your PayNow profile

Launch your digibank mobile app, tap on PayNow and log in with your Touch / Face ID or digibank User ID & PIN. Tap on Your Profile. You will be able to see the mobile number and/or NRIC/FIN number linked to your PayNow profile. Click on numbers to view screens.

How can I transfer my account to my account?

How to make a bank transfer
  1. Online bank transfers. Log in to your online account and select the option for making a payment.
  2. Telephone transfers. Call your bank's telephone banking service.
  3. In-branch bank transfers. If you have the money in cash, you can pay it into the account of the person you owe it to in-branch.

How long does it take for money to transfer between banks?

Transfers typically happen quickly. Generally, domestic bank wires are completed in three days, at most. If transfers occur between accounts at the same financial institution, they can take less than 24 hours. Wire transfers via a non-bank money transfer service may happen within minutes.

Is there a fee for transferring money from one bank to another?

Typically, transferring money between two accounts is free, but sometimes there's a limit on how much you can transfer at one time. This depends on your bank's policies. For instance, when comparing credit unions vs. banks, credit unions usually have lower fees.

Can I get my money back from a bank transfer Singapore?

Banks can't transfer the money back

The next time you transfer money to someone by mistake, remember not to pester the banks, as there's not much they can do. A DBS spokesperson told CNA that they cannot reverse transactions immediately, as that requires the recipient's consent.

What happens if I transfer money to the wrong DBS?

Contact the account holder directly or get in touch with us for assistance on any wrong local funds transfer. Part of: Guides > Your Guide to DBS PayLah! Contact the recipient directly to request for the return of funds.

Is OCBC and POSB the same?

All three banks – POSB, UOB and OCBC have Sunday banking branches. Ranking: OCBC, followed by UOB then POSB. (Publisher's note: A reader has pointed out that POSB has Sunday banking branches as well, not just OCBC and UOB.

Can I transfer money bank to bank?

Banks support many types of fund transfers. If you only need to transfer money from one account to another within the same bank, this can be done easily at your bank for free. Bank-to-bank transfers also can be done over the phone with a customer service representative or online via your bank's online banking site.

How can money transfer from ATM to another account?

How to do Account to Account Funds Transfer via ATM?
  1. Visit an ATM and insert the ATM/debit card.
  2. Choose the preferred language.
  3. Enter the debit card PIN and click 'Yes' to continue.
  4. Then choose the “Fund Transfer” option provided at the bottom most corner of the ATM display.
  5. Enter the beneficiary's bank and account number.

How do I transfer money to someone else's bank account?

  1. Deposit cash at the bank. The most basic way to move money into someone else's account is to walk into the bank and tell the teller you'd like to deposit cash.
  2. Transfer money electronically.
  3. Write a check.
  4. Send a money order.
  5. Send a cashier's check.
  6. Make a wire transfer.

How do I wire money to UOB?

Via bank branch and filling out a UOB TT form7

Fill in a telegraphic transfer form7 at the branch or before you get there. Hand it over to the teller with your identity card or passport, and your passbook or ATM card. You'll be informed if the transaction is approved to proceed.

What is fast transfer UOB?

Fast And Secure Transfers (FAST) is a funds transfer service that enables customers to make instantaneous SGD funds transfers to participating banks. You can access FAST via UOB Infinity (digital banking for business) or Host-to-Host connectivity.

How can I transfer a large amount of money?

The following are five of the best and most secure ways to accomplish this task.
  1. Bank-to-Bank Transfers. Some banks let people take money directly from one bank account and deliver it to a recipient's bank account.
  2. Wire Transfers.
  3. Automated Clearing House Transactions.
  4. Cash-to-Cash Transfers.
  5. Prepaid Debit Cards.

How does fast bank transfer work?

A Fast Bank Transfer is a transfer of funds from one bank account to another locally. In most cases, you will need to login to your online banking and authorize the bank transfer or authorize your bank to initiate the transfer.

Can UOB use OCBC ATM?

OCBC Bank and United Overseas Bank (UOB) customers can now make unlimited withdrawals from either bank's ATMs until the end of the year without incurring fees. The same went for a UOB customer using an OCBC ATM. Other functions include being able to check account balance and transfer funds on another bank's ATM.

Can I transfer money to an overseas bank account?

To transfer money to another country, you'll need the following information from your recipient: Their full name and street address (not a PO Box) The IBAN or bank account number. A SWIFT code or BIC (this identifies their bank) or the full bank address.

What is Fast Bank Transfer?

Fast Bank Transfer allows their customers to pay for goods and services online, through a bank transfer. Merchants benefit from secure payments and swift settlements.

Can UOB transfer overseas?

UOB overseas money transfer provides a secure and convenient way to send money to any bank account within Singapore or overseas through Internet banking services. With UOB personal or business Internet banking, you can conveniently remit from the comfort of your home or at any local UOB branch.

Why do electronic transfers take so long?

Bank Transfers Slowed Down To Avoid Fraud, And To Make Some Money. So banks are slowing down the process in order to ensure there isn't fraud happening when the transfer is made. Others, however, have suggested that the time the funds are held overnight allow the banks to invest your money and keep that unearned profit

How do I use POSB fast transfer?

Transfer using FAST (Instant) or Interbank Funds Transfer (Non-Instant)
  1. Log in to digibank Online with your User ID and PIN.
  2. Select Transfer, followed by To Other Bank Account (Fast).
  3. Log in with your 6-Digit iB Secure PIN.
  4. Select the Recipient you wish to transfer to.

How do I transfer money to a savings account?

How to Transfer Your Savings Account
  1. Find a new bank or credit union.
  2. Open a savings account with them and make the minimum deposit.
  3. Transfer your savings into the new account.
  4. Close the old account at your old bank or credit union.

Can I transfer money from my joint account?

You may transfer funds from a joint account to a single account in this manner when both accounts are with the same bank. Otherwise, you may write a check from your joint account to deposit to a single account at another bank. When visiting a branch in person, tell the bank teller you want to make a transfer.

How long does it take to transfer money overseas POSB?

Overseas Funds Transfer will generally be completed within 2 to 4 working days.

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Can UOB transfer to POSB?