BHIM SBI Pay App: How To Transfer Money From India to Singapore
If you are wondering how to make international bank transfer from India to Singapore or how to send money from India to Singapore, you have come on the right track as we are telling you on how to do it easily with banks such ass SBI, ICICI banks of India to DBS and other banks of Singapore.
The State Bank of India (SBI) is India's largest Govt. Bank which has now joined hands with PayNow, which is the online payment system of Singapore. Now people will be able to make fund transfers, remittances, and payments from India to Singapore and vice versa. One has to download and use the BHIM SBI Pay mobile application to make payments and fund transfers. If you are an SBI Customer you can check the latest details if you want to make payments to Singapore.
The State Bank of India (SBI) linkage with PayNow will facilitate fund transfers from India to Singapore via registered mobile numbers and from Singapore to India, one can make transfers through their UPI ID. The BHIM SBI Pay will allow you to make money transfers to anyone in Singapore from India. Just you must know the right steps on how to do online transfer from India to Singapore.
Here We have given latest details you should know about the BHIM SBI Pay if you are planning to use it to make payments to Singapore.
BHIM SBI Pay: Features
- SBI customers can check the features of the BHIM SBI Pay here:
- Money can be send instantly to Singapore via UPI.
- Money can be received from Singapore instantly by using UPI.
- You must note that the maximum limit is S$1000 or equivalent INR.
The BHIM SBI Pay allows real-time exchange rate calculation.
You can also check with SBI to know how to make UPI payments to Singapore.
BHIM SBI Pay App: How To Use the App To Make or Receive Payments From Singapore
Here We have given steps you must know while using the BHIM SBI Pay app to receive or send payments to Singapore:
- Visit the PlayStore app or Apple App Store
- Search for the BHIM SBI Pay app on PlayStore or Apple Store and download the latest version on your device
- Click on the option that says Install to download the app
- Tap on Open once the app is installed on your smartphone
- Now, apply for registration and provide the asked details correctly
You can use the app after registering yourself to make payments to Singapore
How to make UPI payments from India to Singapore or get UPI payments from Singapore to India?
Singapore participants are DBS and Liquid Group. India participants are Axis Bank, DBS India, ICICI Bank, Indian Bank, Indian Overseas Bank and State Bank of India. Liquid Group is the first non-bank financial institution to participate in Singapore’s cross-border real-time payment system linkage via its LiquidPay e-wallet.
A Singapore PayNow user sending money to India will need to key in the recipient’s registered UPI identity. An India UPI user sending money to Singapore will need to key in the recipient’s registered PayNow mobile number or VPA. UPI identity and VPA are identifiers that are uniquely linked to an individual bank account. An example of a UPI identity is 1234567890@sbi and an example of a LiquidPay VPA is +651234567#XNAP.