How can my business receive payments?
You can receive SGD via PayNow/FAST/MEPS/GIRO. ANEXT does not charge an additional fee for incoming SGD transfers, subject to applicable limits. For PayNow, log in to Online Banking, navigate to PayNow Settings > My QR > Download to provide your PayNow ID or unique QR. For FAST, MEPS or GIRO, here are the information that […]
How can I use PayNow to receive payments?
To set up your PayNow ID: Step 1: Log in to Online Banking and navigate to PayNow > PayNow Settings > Click the ‘Register New’ button on the top right-hand corner. Step 2: Your UEN will be your PayNow ID by default. If you’ve linked your PayNow ID to another bank account, simply select […]
Can I schedule a transfer?
Scheduled transfers are available via payment channels FAST, GIRO and MEPS and will be submitted at 00:00 of the indicated scheduled date. Credit timing depends on the channel. Do note that if you’re selecting the MEPS channel, you can only schedule the transfer on a working day in Singapore.
Can I transfer funds between different currencies in my account?
Yes you can. Log in to Online Banking and navigate to Send > New Transfer. First select the currency you’d like to convert from, then navigate to ‘My Account(s)’ and select the currency you wish to convert to. FX conversions are done at the rate shown at the point of conversion. We do not charge […]
Why is my transfer pending, delayed or unsuccessful?
A transfer may be pending, delayed, or unsuccessful due to one of the following reasons: Awaiting approval: Only Operators with Authoriser access can approve transfers. If dual-control authorisation is enabled, the Operator who initiates the transfer cannot approve it. Processing timelines: Transfers submitted after cut-off times, on weekends, or public holidays may be processed on […]
How do I make an overseas transfer, and what currencies are supported?
You can perform overseas transfers via SWIFT from your ANEXT Business Account in CNH, EUR, GBP, HKD, JPY, KRW, MYR, SGD, THB, and USD. The daily transfer limit from your ANEXT Business Account for local and/or overseas transactions across all payment channels is $1 million (SGD equivalent). You will be charged in the […]
What fees apply to overseas transfers?
Enjoy competitive flat fees for outward telegraphic transfers (OTTs) starting from USD 10, SGD 15, CNH 125 or EUR 10 depending on the charge option you select. You can select from one of the following charge options when performing OTTs without FX (Only for currencies CNH/EUR/SGD/USD that you hold in your ANEXT Business Account). For […]
How long do overseas transfers take?
OTT via SWIFT typically takes 1 – 5 working days. Do note that if your OTT is made before a weekend or public holiday, the transfer will only be processed on the next working day. As a regulated financial institution, all transfers made from an ANEXT Business Account are subject to regular reviews and […]
What are the local transfer channels available?
You can send unlimited SGD transfers for free via PayNow, FAST and GIRO. You can send SGD transfers at S$5 per transaction for MEPS, valid till 31 May 2027. For real-time, instant transfers of SGD 200,000 and below, use PayNow or FAST. MEPS supports same-day transfers of above SGD 200,000. Transfer requests approved after 4:30pm […]
How do I make a PayNow payment?
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 […]