Transfer funds easily and instantly with GrabPay.
Starting 8 Feb 2021, we’re launching GrabPay Wallet transfers and PayNow VPA top ups – new features that will make transfers in and out of your GrabPay Wallet more seamless and convenient.
These features will be rolled out progressively to GrabPay users. For more information on top-ups via PayNow, please visit our PayNow page.
No minimum transfer amounts. No transaction fees.
You’ll be able to make up to 2 transfers a day from your Transferable balance (does not include top ups made via credit cards or foreign debit cards.)
You’ll need to:
i) fully verify your identity^ to upgrade to a Premium GrabPay Wallet.
ii) AND set up your GrabPIN before you can transfer funds from your GrabPay Wallet.
It’s simple and easy, we’ll guide you step-by-step in the Grab app!
*Supported e-wallets: Singtel Dash, TransferWise, LiquidPay, MatchMove.
^If you have never verified your identity on the Grab app before, you’re holding a basic GrabPay Wallet.
Please note: You can make up to 2 transfers per day, maximum transfer amount is $5,000, and ONLY transfers to your own account do not count to your annual spending limit.
When you've verified your identity and set up your GrabPIN, you'll be able to access the 'Transfer' feature.
Tap on 'Transfer' and you'll see the transferable and non-transferable balance, and the different options to transfer to.
Tap on (i), to access definitions of each balance.
Access the 'Transfer' feature, and you'll see your PayNow linked account.
Enter and confirm the amount to transfer. Minimum top-up amount is S$10.
Enter your GrabPIN to confirm the transfer.
All done! Your funds have been transferred from your GrabPay Wallet to your PayNow account instantly.
Access the 'Transfer' feature, and tap on 'Bank account'.
Tap on 'Add New Recipient'.
Select the PayNow option of, 'Mobile number, NRIC, or UEN'.
Mobile number is the default account identifier, but you can change it to NRIC or UEN in the drop down menu.
To save the recipient - enter the mobile number or select from your contact list in your phone.
(Note: Permission is required from you to allow the Grab app to access your contact list.)
Enter and confirm the amount to transfer. Minimum amount is S$10.
Enter your GrabPIN to confirm the transfer.
All done! The funds have been transferred from your GrabPay Wallet to the PayNow recipient.
Access the 'Transfer' feature, and tap on 'Bank account'.
Tap on 'Add New Recipient'.
Select the 'Bank account number' option.
Fill up all of the recipient's details, including full name and bank account number.
Enter and confirm the amount to transfer. Minimum amount is S$10.
Enter your GrabPIN to confirm the transfer.
All done! The funds have been transferred from your GrabPay Wallet to the bank account recipient.
Access the 'Transfer' feature, and tap on 'Another e-wallet'.
Tap on 'Add New Recipient'.
Select the recipient's e-wallet.
Key in or select the recipient's mobile number from your phone contacts. You'll see the nickname associated with the mobile number.
Enter and confirm the amount to be transferred to the recipient.
Enter your GrabPIN to confirm the transfer.
All done! The funds have been transferred from your GrabPay Wallet to the e-wallet recipient.
Access the 'Transfer' feature, and tap on 'Another e-wallet'.
Tap on 'Add New Recipient'.
Select the recipient's e-wallet.
Key in the recipient's name and e-wallet number.
Enter and confirm the amount to be transferred to the recipient.
Enter your GrabPIN to confirm the transfer.
All done! The funds have been transferred from your GrabPay Wallet to the e-wallet recipient.
Your GrabPay Wallet will have 2 different types of balances:
There is no minimum transfer amount. The maximum transfer amount per transaction is S$5,000, which is the same as your GrabPay Wallet spending limit.
You can make up to two transfers to bank accounts or e-wallets per day
Transfers to your own PayNow account (i.e. the bank account linked to your Grab mobile number) will not be counted towards your annual spend limit.
However, transfers to other accounts or e-wallets will count towards your annual spend limit of S$30,000
You can transfer funds to any bank account that is part of the FAST bank transfer network in Singapore. The following banks are supported:
1) DBS Bank/POSB
2) OCBC Bank
3) United Overseas Bank
4) Standard Chartered Bank
5) CIMB Bank
6) Citibank NA
7) Citibank Singapore Ltd
8) ANZ Bank
9) Deutsche Bank
10) HL Bank
11) The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC)
12) HSBC Bank (Singapore) Limited
13) ICICI Bank Limited Singapore
14) Industrial and Commercial Bank of China Limited
15) Maybank Singapore Ltd
16) Malayan Banking Berhad
17) Mizuho Bank
18) Bank of China
19) RHB Bank
20) BNP Paribas
21) Sumitomo Mitsui Banking Corporation
22) The Bank of Tokyo Mitsubishi UFJ
23) Sing Investments & Finance Ltd
No. You can only transfer funds from your transferable balance to a local Singapore bank account.
Funds transfer to a bank account involves introducing funds back into Singapore’s banking system, and is hence subject to stringent anti-money laundering measures. Thus, we are required by MAS to identify users performing transfers outside the GrabPay Wallet ecosystem.
By knowing the identity behind each GrabPay Wallet user, we are able to create a secure payments platform for everyone that can mitigate the risks of fraud, identity theft, money laundering, and other illicit activities. As such, only users who have verified their profile and have setup their Grab PIN will be eligible to use the “Transfer” feature.
Users who have not verified their profile can do so instantly using SingPass/MyInfo on the Grab app.
3 Media Close,
Singapore 138498
GrabFood delivery-partner, Thailand
GrabFood delivery-partner, Thailand
COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area.
As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an alternative income. Soon after, the hotel ceased operations.
Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Aside from GrabFood deliveries, he now also picks up GrabExpress jobs. It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. And mostly, he’s glad to get his income back on track.