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Sending money

You can send unlimited SGD transfers for free via PayNow, FAST, MEPS and GIRO.

 

For real-time, instant transfers of S$200,000 and below, use PayNow or FAST.

 

MEPS supports same-day transfers of above S$200,000. Transfer requests approved after 4:30pm will only be processed the next working day. Input ‘XXX’ as ANEXT Bank’s branch code.

 

Use GIRO for non-urgent transfers of any amount. Funds will reach your recipient within 2 – 3 working days. We currently don’t support GIRO Direct Debit Authorisation, including endorsement of physical GIRO forms. For GIRO transactions, input ‘000’ as ANEXT Bank’s branch code.

 

On Online Banking, navigate to Send > New Transfer > Select your ANEXT SGD account > New Recipient > Local Recipient. Key in the SGD amount and select your preferred channel. Select the check box to save your payee details to transfer funds easily in future, or skip this action if it’s for a one-off transfer.

To initiate a PayNow payment using your PayNow ID, log in to Online Banking, navigate to PayNow > PayNow Transfer and select your recipient's PayNow registered proxy (mobile number, NRIC, UEN or VPA).

To initiate a PayNow payment by scanning a PayNow QR:

Step 1: Log in on your mobile banking app and tap on “Scan & Pay” in the home screen

Step 2: Scan the recipient’s QR code

Step 3: Key in the amount that you wish to pay and tap on “Next”

Step 4: Verify the payment details and recipient. Proceed to complete the payment by tapping on “Confirm”.

Step 5: Your transfer has been completed.

Batch Payment allows you to consolidate up to 100 different transfers and approve it at once. This feature is suitable for transfers that you’ll need to perform every month such as payroll or supplier payments, that will be processed via FAST or MEPS, depending on the amount of each transfer.

 

Currently only local transfers made in SGD is available for Batch Payment. You can create a maximum number of 100 transfers per Batch Payment.

 

Log in to Online Banking and navigate to Send > Batch Payment > New Transfer. Download the template and fill up all required fields. Please do not amend or delete any fields in the template.

 

The processing time depends on the amount of each transfer within your Batch Payment. Transfer amounts of S$200,000 and below per transaction will be processed real-time via FAST. Transfer amounts above S$200,000 per transaction will be processed via MEPS on the same day for requests approved before 4:30pm, Mon – Fri, excluding Public Holidays. Transfer requests approved after the cut-off time will be processed the next working day.

 

ANEXT does not charge an additional fee for the Batch Payment feature. Applicable transfer / channel fees (if any) remain per our fee schedule.