Knowledge base | Grouphunt

What is a FAST Transfer?

FAST (Fast And Secure Transfers) is a new electronic funds transfer service that enables customers of the participating banks to transfer Singapore Dollar funds from one bank to another in Singapore almost instantly.

FAST was launched on 17 March 2014. Prior to this interbank transfers were handled via GIRO.

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For POSB / DBS Account Holders:

 

For UOB Account Holders:

Your unique Grouphunt Virtual Account is a UOB account. You should be able to make an instantaneous transfer to another UOB account.