For one-time transfers from your bank account to your Syfe account. You may use PayNow or Internet Banking (FAST Transfer) to transfer funds in SGD.
Please note that the below funding methods are only applicable for all managed portfolios except Cash+ Guaranteed.
- FAST (Fast and Secure Transfer)
FAST is an electronic funds transfer service that lets you transfer SGD funds quickly to us.
Account number: Refer to the portfolio you wish to fund, in the dashboard look for Add Funds > Recipient account number
Name: Syfe Clients SGD ACC
Swift/BIC: HSBCSGSG or HSBCSGSGXXX (if using Citibank)
There is a maximum limit of SGD200,000 per transaction. To take advantage of the limit, you will have to change your existing personal local transfer limit on internet banking before making the transfer.
Please remember to include your Portfolio ID in the reference / comments field. You can view the Portfolio ID by logging in and clicking on your chosen portfolio. The ID will be at the bottom of the screen for mobile app users.
A proof of transfer is required for all transfers from Citibank. Otherwise, funds received from Citibank will be invested in the latest portfolio you have created.
- PayNow
PayNow is a funds transfer service for clients of nine participating banks in Singapore – Bank of China, Citibank, DBS/POSB, HSBC, Industrial and Commercial Bank of China Limited, Maybank, OCBC Bank, Standard Chartered Bank, and UOB.
To transfer funds using PayNow via UEN, key in Syfe UEN number: 201834952HATS.
Complete the transfer by keying in the amount and entering your Portfolio ID in the reference / comments field. You can view the Portfolio ID by logging in and clicking on your chosen portfolio. The ID will be at the bottom of the screen for mobile app users.
A proof of transfer is required for all transfers from Citibank. Otherwise, funds received from Citibank will be invested in the latest portfolio you have created.