FAST

Fast and Secure Transfers

FAST is Singapore's instant bank transfer service for SGD payments. It enables immediate, 24/7 transfers between participating banks.

FAST is commonly used for retail and business payments and provides the underlying rail for PayNow transfers. Funds are typically credited in near real time.

Related Terms

PayNow

PayNow is a Singaporean overlay service that lets users send money using a mobile number, NRIC, or U...

EFT

Electronic Funds Transfer

EFT is a broad term for any transfer of money from one bank account to another through electronic me...

Digital Wallet

A digital wallet is an electronic device, software program, or online service that stores payment in...

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