The New Electronic Funds Transfer Service – FAST launched in Singapore

Mar 18, 2014 (Tue): The Association of Banks in Singapore (ABS) yesterday launched FAST (Fast And Secure Transfers), the new electronic funds transfer service that enable customers of the participating banks to transfer Singapore Dollar funds from one bank to another in Singapore almost instantly. The participating banks are ANZ Bank, CIMB Bank, Citibank, DBS Bank/POSB, Deutsche Bank, Far Eastern Bank, HSBC, Maybank, OCBC Bank, RHB Bank, The Royal Bank of Scotland, Standard Chartered Bank, Sumitomo Mitsui Banking Corporation and United Overseas Bank.