If you are using OCBC Digital app, you need to complete PayNow transfer to get your PayNow daily limit changed.
PayNow with OCBC
Sending and receiving money has never been easier
Transfer and receive money instantly and securely.
New daily transfer limit
Make even bigger transfers with the new and improved PayNow daily transfer limit. You can now transfer up to S$200,000 if you’re a Personal Banking customer, and S$300,000 if you’re a Premier Banking customer.
From 18 March 2022, when you add a new payee, increase a limit or change your mobile number/email address, it will take at least 12 hours for the change to take effect.
Why register for PayNow?
Be amongst the first to receive government payouts such as GST vouchers and Assurance Package
Receive your insurance payouts instantly to your bank account
For those above 55 years old, get your CPF savings withdrawals credited directly into your account, as often as you need
Make secure transfers
Receive immediate transfers
No need to give out your bank account number to receive payments
Generate your own QR code without sharing your mobile number to receive payments
CONVENIENT OVERSEAS FUND TRANSFER
Send money anytime to family and friends in Malaysia and Thailand via their mobile number registered on DuitNow and PromptPay respectively.
Convenient overseas transfers in Malaysia with PayNow-DuitNow
To transfer funds to a family or friend in Malaysia, the recipient must register for DuitNow with one of the Malaysian banks participating in the PayNow-DuitNow service.
View our Frequently Asked Questions for PayNow-DuitNow service for more details.
Convenient overseas transfers in Thailand with PayNow-PromptPay
To transfer funds to a family or friend in Thailand, the recipient must register for PromptPay with one of the Thai banks participating in the PayNow-PromptPay service.
View our Frequently Asked Questions for PayNow-PromptPay service for more details.
HOW TO REGISTER
HOW TO REGISTER
How to increase your limit
Increase your daily transfer limit via OCBC Digital app or Online Banking
You can also increase your limit when you transfer an amount higher than your current limit.
*Up to S$300,000 daily limit for Premier customers
Please note: Only one transaction signing is required to authorise both your PayNow daily limit update and transfers over the authorised limit.
PayNow for business
Using PayNow for your business?
Find out how you can enhance your business transaction with PayNow.
Additional information
Terms and conditions
WAYS TO REGISTER
Register for PayNow with OCBC
or SMS to 72323 using the following format.
FAQs
Common questions
More questions and answersI changed my limit in OCBC Digital app but when I come back to the transfer page, it did not get updated.
Can I send more than 5,000 SGD to an unregistered PayNow account using the passcode?
No, the maximum daily limit for unregistered PayNow account using the passcode remains unchanged at 1,000 SGD. Only transfer made to a registered PayNow user can be more than 5,000 SGD daily.
What is the difference between a transaction limit and authorised limit?
The transaction limit refers to the maximum amount you can send daily. The authorised limit refers to the amount above which you will need to have the transaction authorized either via OneToken, an SMS OTP or your digital banking hardware token.
Can I change my authorised limit?
No, your authorised limit remains unchanged at 200 SGD.
Simply copy one of the following formats and SMS to 72323:
Register your Mobile Number:
REGM <space> NRIC <space> last 6 digits of account number
Example: REGM S1234567A 123456
Register your NRIC:
REGN <space> NRIC <space> last 6 digits of account number
Example: REGN S1234567A 123456
Register your child’s Birth Certificate:
REGN <space> parent’s NRIC <space> last 6 digits of joint account number <space> child’s birth cert number
Example: REGN S1234567A 123456 T7654321B