Payment Modes

how can i make payment?

Below are some trade payment options for your consideration. 

1. PayNow

KGI Securities (Singapore) is now on-board the PayNow service, a fuss-free and secure way for you to transfer payments for your trades. You may now make your trade payments in SGD instantaneously to us via PayNow on Internet banking or mobile banking. Offering an enhanced funds transfer experience, PayNow is a convenient and efficient option for your trade payments. 

How can I make payments using PayNow? 

Simply log in to your bank's existing Internet banking or mobile banking app and follow the steps below:

Step 1: Enter KGI Securities (Singapore)’s Unique Identification Number (UEN) – 195500144HUOB OR Scan the Singapore Quick Response Code (SGQR) below

Step 2: Enter the amount to be transferred 

Step 3: Enter your 7-digit trading account number in the “UEN/Bill Reference No.” section for verification purposes

Step 4: Verify that the Payee/Entity Name is correct. i.e. "KGI SECURITIES (SINGAPORE) PTE. LTD." before confirming the transfer

• What are the participating banks with the PayNow service? 

  • Bank of China
  • Citibank Singapore Limited
  • DBS Bank/POSB
  • HSBC
  • Industrial and Commercial Bank of China Limited
  • Maybank
  • OCBC Bank
  • Standard Chartered Bank
  • UOB

• Are there any fund transfer limits via PayNow?

The funds transfer limit via PayNow is subject to the transfer policies of the respective banks and/or the transfer/withdrawal limits that you have set for your bank accounts.

A maximum funds transfer limit of SGD200,000 per day applies for PayNow through UEN as these payments are processed via the Fast and Secure Transfers (FAST).

A maximum funds transfer limit of SGD1,000 per day applies for transfers via PayNow through SGQR. For payments more than SGD1,000, kindly select payment via PayNow through UEN. 


Please refer to the respective payment effective schedules for the various banks and payment options to avoid any late payments. 

Kindly note that the above information may be updated at any one time.