You can do so in a few simple steps. For clarity please refer to the guide below:
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.
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.
Alternatively, you may also scan the QR code below for PayNow.
Funding in USD or other currencies
For amounts in USD, you may use wire transfer (Telegraphic Transfers), or online remittance platforms such as Wise and Revolut. After making a transfer via such online remittance platforms, please be reminded to submit a Deposit Confirmation in your Syfe account along with the PDF receipt of the transaction.
To do a “Deposit Confirmation” after transferring the funds, you may follow the steps below.
- Select "Manage Funds" on the portfolio you wish to credit the funds to
- Select "Add Funds"
- On the Deposit Confirmation page, select the transfer type
- Select "I Have Transferred"
- Complete the transfer details and
- Submit a PDF receipt of the transaction
Please note that PayNow transfers from third-party digital wallets (e.g. GrabPay, LifeSG, Singlife) may not be accepted or require further supporting documents which can delay the crediting of your funds.
If you wish to set up recurring transfers to your Syfe Wealth portfolios, there are two ways to do so. Click on the below links to learn more:
- Setting up a recurring transfer from Cash+ portfolio to other portfolios
- Setting up a recurring transfer from your bank account to your Syfe Wealth portfolios