State Bank of India (SBI), the country’s largest lender has joined hands with PayNow, the online payment system of Singapore, to facilitate fund transfer, remittances, and payments from India to Singapore and vice versa through mobile application BHIM SBI Pay.
The linkage will allow fund transfers from India to Singapore through registered mobile numbers and from Singapore to India using UPI ID.
BHIM SPI Pay- Features available
- Send money instantly to Singapore using UPI
- Receive money from Singapore instantly using UPI
- Maximum per dat limit: S$1000 or equivalent INR
- Realtime exchange rate calculation
How to use BHIM SPIPay
Step 1: Go Google Play Store (for Android) / Apple App Store (iOS)
Step 2: Search for BHIM SBI Pay and download the latest version of the app
Step 3: Click on the Install/Open button
Step 4: Apply for registration and provide required credentials
BHIM SBI Pay- Common FAQs
What is BHIM SBI Pay?
“BHIM SBI Pay” (UPI App of SBI) is a payment solution that allows account holders of all Banks participating in UPI to send money, receive money and do online bill payments, recharges, shopping, etc. using their smartphones.
How is BHIM SBI Pay different from other payment solutions/apps?
BHIM SBI Pay provides the flexibility of making payments at your convenience 24X7 on all 365 days of the year.
- You can transfer funds using your BHIM SBI Pay app to your friend/relative by knowing only their Virtual Payment Address (VPA).
- The receiver of the money need not disclose his account number, IFSC code or any other such Banking details.
- You can also do online bill payments, recharges and shopping, etc. using your smartphones.
Can I link my mobile wallet to BHIM SBI Pay/UPI?
No, you cannot link a mobile wallet to BHIM SBI Pay/UPI. Only bank accounts can be added.
