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How will this change impact me?

No action is needed on your part. All other aspects of receiving and transferring money via PayNow remain unchanged. Individuals and corporates can continue to pay to your PayNow proxies (mobile number, NRIC/FIN, or VPA) as before.

 

From 6 June 2026, Payers making payment to you via PayNow will be shown selected letters of your Payee’s name during a PayNow transfer.

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