What will I see when I am transferring funds as a Payer?
If you are transferring funds to a retail Payee, upon entering the Payee’s PayNow proxy to make payment, you will only see selected letters of the Payee’s name as their updated PayNow name.
If you are transferring funds to a corporate Payee, there is no change and you will see the full registered account name of the company as per today.
The above apply for all PayNow payment transfers initiated by you, including through Scan to Pay.
Please be reminded to double-check who you are sending money to before making a transfer.