FAST (Fast and Secure Transfers)

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf real-time payment system
gptkbp:country gptkb:Singapore
gptkbp:currency gptkb:Singapore_Dollar
gptkbp:enables real-time credit transfers
https://www.w3.org/2000/01/rdf-schema#label FAST (Fast and Secure Transfers)
gptkbp:integratesWith gptkb:PayNow
GIRO
gptkbp:launched 2014
gptkbp:maximumLoanAmount S$200,000 (as of 2024)
gptkbp:operatedBy gptkb:Monetary_Authority_of_Singapore
gptkbp:purpose interbank fund transfers
gptkbp:regulates gptkb:Monetary_Authority_of_Singapore
gptkbp:supports 24/7 availability
instant payments
gptkbp:usedBy non-bank financial institutions
banks in Singapore
gptkbp:website https://www.abs.org.sg/fast
gptkbp:bfsParent gptkb:PayNow
gptkbp:bfsLayer 7