If your company is registered in Singapore, Admin, Finance Users with transfer rights, and Finance users with submit-only rights* can transfer funds through PayNow from your Aspire SGD Account.
Notes:
*Finance with submit-only rights users can only request the transfer. It will need to be approved by Admin or Finance with transfer rights users before funds are sent to the beneficiary.
We only support QR codes via "Upload & Pay" to CPF, MOM, and IRAS. For other entities outside of these, please attempt a PayNow transfer to a UEN, Mobile number, NRIC, or VPA details instead.
Sending PayNow Transfer Limit and Timeframe
Transfer Limit | Timeframe |
SGD 200,000 | Instant |
Note: All transfers are subject to compliance checks by our team or partners, which may occasionally result in delays for your recipient in receiving the funds. Our team might email Admin and Finance users for additional details or documents needed to process your transfer. While we strive to complete these reviews quickly, we can't provide an exact timeline for when your recipient will receive the funds, as weekends, public holidays, and banking hours might also affect the timing. We appreciate your understanding and patience regarding any potential delays.
How to Send PayNow transfers from the Aspire SGD account
1. Go to your SGD Account page
2. Click on "Submit a transfer” button, then choose “Pay a recipeint”
3. Click on "New recipient" or select a previously saved PayNow recipient by clicking “PayNow” to filter the list. When creating a new recipient, select “PayNow” tab to place their mobile number, NRIC, UEN, VPA or upload a QR Code.
4. Place the amount you want to send. Click “Add schedule” to send the transfer later or set a recurring payment. Click “Continue”.
5. Place any transfer reference that will be visible to the recipient, then add the rest of the reporting fields (category, budget, other reporting fields) on your payment
6. Review the transfer details, and if all good, click "Submit" and the transfer will be initiated.
Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.