SIP

Snug Instant Payment

Snug Instant Payment is a revolutionary online payment product developed and offered by Snug Bank. The SIP gives Snug Bank customers the opportunity to make instant bank payments all over the world at no cost.

Revolutionary in its simplicity.

Sipping gives you the unique opportunity to send your money across geographical borders instantly and at absolutely no cost.

How is this possible? Just conceptualize sending an email to a distant relative. Would you expect it to take two days and a hidden fee to arrive? With the Snug Instant Payment, you can send money around the world in real time and for free just like an instant message or email. This is Snug Bank’s revolution of payments.

Key features

Transferring money has never been easier. Here are the key features of the revolutionary Snug Instant Payment:

The electronic bank transfer takes place instantly, on the spot, and the beneficiary receives the funds immediately without any delay.

You can sip money whenever you want. An e-banking payment can be done at any point of the day or week. Unlike the conventional approach to banking, Snug Bank customers have the ability to transfer money online whenever they want.

You can sip money wherever you are, irrespective of your location. All you need to perform an online bank transfer is a device like a PC, smartphone or tablet with an Internet connection, regardless of whether you are at home, at your office, in a park or even abroad.

Similarly, the Snug Bank beneficiary receives the money you send instantly. All he or she needs is a device with an Internet connection to access and use the funds.

Snug Bank customers can transfer or receive money instantly and for free.

Making your first SIP transaction

  1. Choose a beneficiary by inputting his or her email address, Phone number or Snug bank account number.
  2. Transfer the amount of money of your choice from your Snug Bank account to your chosen beneficiary.
  3. The money you send is immediately at the disposal of the beneficiary.
  4. If the beneficiary is not a Snug Bank customer, he or she will receive an invitation to join Snug Bank.
  5. Once the account of the non-Snug Bank beneficiary is activated, he/she will be granted immediate access to his/her money.

You deserve the best. Just sip it.

The Snug Instant Payment service is available to all Snug Bank account holders. If you are not yet an account holder, you can get started by opening an account online; initial registration literally takes less than five minutes.

Transferring money shouldn’t be complex and costly. Don’t settle for second best. Become a Snug Bank customer and benefit from effortless, accessible, comfortable, costless banking.

With You, Everywhere.

Worldwide
Secure
Instant
Accessible
Free