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PayNow Fund Transfer with Virtual Payment Address (VPA) effective 8th February 2021
 

Dear Valued Customers,

Kindly be informed that with effect from 8th February 2021 onwards (date inclusive), PayNow users can transfer funds using Virtual Payment Address (VPA). This enables users of non-bank Financial Institutions (NFIs) e-wallets to receive real-time funds transfers, without the need for e-wallet account details.

Yours Sincerely,
Industrial and Commercial Bank of China Limited, Singapore Branch

8th February 2021