Free Your Money

Transfer funds easily and instantly with GrabPay.

Transfer money in & out of your GrabPay Wallet more easily.

Starting 8 Feb 2021, we’re launching GrabPay Wallet transfers and PayNow VPA top ups – new features that will make transfers in and out of your GrabPay Wallet more seamless and convenient.

These features will be rolled out progressively to GrabPay users. For more information on top-ups via PayNow, please visit our PayNow page.

You can transfer funds to the following destinations

No minimum transfer amounts. No transaction fees.
You’ll be able to make up to 2 transfers a day from your Transferable balance (does not include top ups made via credit cards or foreign debit cards.)

Before you can transfer your funds...

You’ll need to:
i)  fully verify your identity^ to upgrade to a Premium GrabPay Wallet.
ii) AND set up your GrabPIN before you can transfer funds from your GrabPay Wallet. 

It’s simple and easy, we’ll guide you step-by-step in the Grab app!

*Supported e-wallets: Singtel Dash, TransferWise, LiquidPay, MatchMove.
^If you have never verified your identity on the Grab app before, you’re holding a basic GrabPay Wallet. 

How do I transfer funds from my GrabPay Wallet?

Please note: You can make up to 2 transfers per day, maximum transfer amount is $5,000, and ONLY transfers to your own account do not count to your annual spending limit.

  • View transferable and non-transferable balances
  • Transfer to your own PayNow account
  • Transfer to another bank account via PayNow
  • Transfer to another account via bank account details
  • Transfer to another e-wallet (for Singtel Dash and Liquid Pay)
  • Transfer to another e-wallet (for TransferWise and MatchMove)

Your GrabPay Wallet will have 2 different types of balances:

​There is no minimum transfer amount. The maximum transfer amount per transaction is S$5,000, which is the same as your GrabPay Wallet spending limit.

You can make up to two transfers to bank accounts or e-wallets per day

Transfers to your own PayNow account (i.e. the bank account linked to your Grab mobile number) will not be counted towards your annual spend limit.

However, transfers to other accounts or e-wallets will count towards your annual spend limit of S$30,000

You can transfer funds to any bank account that is part of the FAST bank transfer network in Singapore. The following banks are supported:

1) DBS Bank/POSB
2) OCBC Bank
3) United Overseas Bank
4) Standard Chartered Bank
5) CIMB Bank
6) Citibank NA
7) Citibank Singapore Ltd
8) ANZ Bank
9) Deutsche Bank
10) HL Bank
11) The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch (HSBC)
12) HSBC Bank (Singapore) Limited
13) ICICI Bank Limited Singapore
14) Industrial and Commercial Bank of China Limited
15) Maybank Singapore Ltd
16) Malayan Banking Berhad
17) Mizuho Bank
18) Bank of China
19) RHB Bank
20) BNP Paribas
21) Sumitomo Mitsui Banking Corporation
22) The Bank of Tokyo Mitsubishi UFJ
23) Sing Investments & Finance Ltd

No. You can only transfer funds from your transferable balance to a local Singapore bank account.

Funds transfer to a bank account involves introducing funds back into Singapore’s banking system, and is hence subject to stringent anti-money laundering measures. Thus, we are required by MAS to identify users performing transfers outside the GrabPay Wallet ecosystem.

By knowing the identity behind each GrabPay Wallet user, we are able to create a secure payments platform for everyone that can mitigate the risks of fraud, identity theft, money laundering, and other illicit activities. As such, only users who have verified their profile and have setup their Grab PIN will be eligible to use the “Transfer” feature.

Users who have not verified their profile can do so instantly using SingPass/MyInfo on the Grab app.

Komsan Chiyadis

GrabFood delivery-partner, Thailand

Komsan Chiyadis

GrabFood delivery-partner, Thailand

COVID-19 has dealt an unprecedented blow to the tourism industry, affecting the livelihoods of millions of workers. One of them was Komsan, an assistant chef in a luxury hotel based in the Srinakarin area.

As the number of tourists at the hotel plunged, he decided to sign up as a GrabFood delivery-partner to earn an alternative income. Soon after, the hotel ceased operations.

Komsan has viewed this change through an optimistic lens, calling it the perfect opportunity for him to embark on a fresh journey after his previous job. Aside from GrabFood deliveries, he now also picks up GrabExpress jobs. It can get tiring, having to shuttle between different locations, but Komsan finds it exciting. And mostly, he’s glad to get his income back on track.