PayNow Corporate allows you to receive payment from businesses and individuals instantly with just your Unique Entity Number (UEN).

You can also make payment via PayNow to businesses using their UEN and to individuals using either their NRIC/FIN or mobile number, without the need to know or disclose any account numbers.

Simply log onto RHB Reflex and register for PayNow instantly with a valid UEN issued in Singapore.

UEN is the standard identification number of an entity. It is issued to entities such as businesses, local companies, LLPs, societies and representative offices that are recognised by a UEN Issuance Agency (e.g. ACRA, ROS).

Before making payments, corporates should inform payees that payment made using PayNow will require payees to be registered for PayNow. The payment will be rejected when making payment if payee is not registered with PayNow.

PayNow fund transfers can only be made to PayNow participating banks and Non-Bank Financial Institutions.

Please visit the Association of Banks in Singapore (ABS) website to see the latest list of PayNow participating banks and Non-Bank Financial Institutions (NFIs).

Only Singapore Dollar fund transfer is available and up to SGD 200,000 limit.

PayNow Corporate is currently only available for entities incorporated in Singapore.

Yes, you can register for PayNow with multiple participating banks by using different PayNow ID.

RHB Corporate Current Accounts (SGD) and Biz Quad / Quad+ Accounts (SGD).

No, the same PayNow ID cannot be linked to multiple accounts. One unique ID can only be linked to one account.

For multiple PayNow Corporate registered bank accounts, a 3-character alphanumeric suffix can be added to your company’s UEN to create multiple PayNow IDs.

For example, for UEN “123456789X” and a 3-digit alphanumeric suffix of “ac2”, the PayNow ID will be “123456789Xac2”.

No, a company’s PayNow ID cannot be linked to a personal account.

No, your company’s UEN cannot be linked to other entities’ accounts.

Yes, to do so, you can either:

• De-link your UEN from the account with the other bank and link it to your RHB SGD Corporate Account; Or
• Create a new PayNow ID by appending a 3-character alphanumeric suffix to your UEN and linking it to your RHB SGD Corporate Account.  Inform your customers/payers about your new PayNow ID.

You can publish your UEN or your PayNow QR code on your bill, invoice, business card, website, app and email.

Payment can be paid to your UEN via internet / mobile banking and/or scanning your QR using the mobile banking app from any PayNow participating banks.

PayNow QR is a QR representation of your PayNow ID, with or without the reference number and amount details. PayNow QR follows the SGQR standard and allows QR scan & pay for PayNow transactions between customers from the PayNow participating banks.

You can generate PayNow QR directly via the RHB Reflex Mobile app and display the QR to receive payments.

Businesses and Individuals can scan your QR and make payments using the mobile banking app from any PayNow participating banks.

The QR scanning feature on RHB Reflex Mobile app has been enabled, hence, you will be able to scan QR codes on invoices to initiate a PayNow payment via the app following the maker-checker process.

This service is free of charge for RHB Reflex customers.

It might be due to one of the following reasons:

•     PayNow is not one of the payment modes in the SGQR.
•     The QR code has expired.
•     The resolution of the QR code is too low to be scanned.
•     Technical issues of the camera on mobile phone.

When performing single payment, the recipient’s registered PayNow display name will be presented for confirmation before submitting to the bank.

•     PayNow display name for individuals is usually their name, unless it has been overwritten with a preferred name.
•     PayNow display name for corporates will be the account name from the bank’s record. Corporates will not have the option to indicate a preferred name.
•     You should check with your payees whether the displayed name belongs to them.

Please contact the bank immediately for assistance in returning the funds. You are strongly encouraged not to retain or utilise the funds and to make a police report regarding this matter.

The PayNow proxy will automatically be de-registered upon account closure. There is no action required from you.

The PayNow nickname will be discontinued with effect from 6 June 2026. 

From this date, in place of the nickname, selected letters of a retail Payee’s name will be displayed to the Payer during a PayNow transfer.

The Association of Banks in Singapore as the PayNow scheme owner regularly reviews measures to improve the security of digital payments.  The discontinuation of PayNow’s nickname feature for retail customers is intended to combat impersonation scams.

The nickname feature has been available since PayNow’s  launch in 2017, originally introduced to address privacy concerns from individuals who preferred not to display their full registered names when receiving payments via their mobile numbers or NRIC numbers.  However, scammers have exploited this privacy feature. They would register PayNow accounts and then set a nickname to mirror those of  legitimate companies or individuals they sought to impersonate.This enabled them to create convincing facades when soliciting payments or when victims were verifying transfer details.

By removing the  nickname feature, the system will only display verified, registered account names, significantly reducing scammers' ability to masquerade as legitimate entities or individuals. This change forces greater transparency in payment identification, making it considerably more difficult for scammers to successfully impersonate trusted organisations or individuals through manipulated account names.

No. Businesses using PayNow to receive payments via their UEN do not have the PayNow nickname feature. 

As a Payee, the full registered account name of the businesses with their financial institution is currently displayed to Payers making payment to them.  This remains and there is no change for Corporate PayNow names.

To safeguard a retail Payee’s privacy, only selected letters of the Payee’s name will be displayed to Payers.  Parts of your account name as per your PayNow financial institution’s records will be automatically replaced with the character “X”.

Below are some examples:

(Note: The usernames and nicknames used in this table are fictitious and are used solely for the purpose of illustration.)

If your business is transferring funds to a retail Payee, upon entering the Payee’s PayNow proxy to make payment, your business will only see selected letters of the Payee’s name as their updated PayNow name.

If your business is transferring funds to a corporate Payee, there is no change and your business will see the full registered account name of the Payee’s business as per today.