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.
- FAST (Fast and Secure Transfer)
FAST is an electronic funds transfer service that lets you transfer SGD funds quickly to us. For funding via FAST, you may direct your funds to the following bank account:
DBS Bank Account: 0720110196 (Bank branch code: 072)
Name: Syfe Pte Ltd Clients AC
Swift/BIC: DBSSSGSG or DBSSSGSGXXX (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: 201834952HDBS.
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.
*Due to recent changes in the API at OCBC Bank, the reference code is no longer visible. To ensure a smooth transaction process and prevent any delays, we strongly recommend considering an alternative approach, such as transferring funds via the FAST Transfer service when making transfers from OCBC Bank.
However, if you prefer to continue using PayNow, we kindly request the following actions:
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After initiating the transfer, please send us an email at support.sg@syfe.com.
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Attach a screenshot of the transfer transaction to the email.
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Share your portfolio reference code associated with your transaction in the email.
Alternatively, you may also submit a deposit confirmation on the portfolio dashboard, along with a screenshot of the transfer transaction to ensure that your transaction is processed without any issues.
If you wish to set up recurring transfers to your Managed portfolios, there are two ways to do so. Click on the below links to learn more: