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How do I fund my Syfe portfolio(s)?

You can do so in a few simple steps. For clarity please refer to the guide below:

Syfe_Guides__4_.png

 

Funding methods (All portfolios except Cash+ Flexi USD)

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.

  1. 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.

  2. 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.

    Alternatively, you may also scan the QR code below for PayNow.

    mceclip0.png

*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:

  1. After initiating the transfer, please send us an email at support.sg@syfe.com.

  2. Attach a screenshot of the transfer transaction to the email.

  3. 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.

 

Funding method for Cash+ Flexi USD

  1. FAST (Fast and Secure Transfer)

Bank Name: HSBC Bank (Corporate) Account

Account number: Refer to portfolio dashboard under Manage Funds > Add Funds > Recipient account number

Swift/BIC: HSBCSGSG

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.

      2.  Paynow 

 UEN number: 201834952HATS

Complete the transfer by adding your Portfolio ID in the transaction reference.

 

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.

  1. Select "Manage Funds" on the portfolio you wish to credit the funds to
  2. Select "Add Funds"
  3. On the Deposit Confirmation page, select the transfer type
  4. Select "I Have Transferred"
  5. Complete the transfer details and
  6. 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 Managed portfolios, there are two ways to do so. Click on the below links to learn more:

 

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How do I fund my Syfe portfolio(s)?

You can do so in a few simple steps. For clarity please refer to the guide below:

Syfe_Guides__4_.png

 

Funding methods (All portfolios except Cash+ Flexi USD)

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.

  1. 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.

  2. 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.

    Alternatively, you may also scan the QR code below for PayNow.

    mceclip0.png

*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:

  1. After initiating the transfer, please send us an email at support.sg@syfe.com.

  2. Attach a screenshot of the transfer transaction to the email.

  3. 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.

 

Funding method for Cash+ Flexi USD

  1. FAST (Fast and Secure Transfer)

Bank Name: HSBC Bank (Corporate) Account

Account number: Refer to portfolio dashboard under Manage Funds > Add Funds > Recipient account number

Swift/BIC: HSBCSGSG

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.

      2.  Paynow 

 UEN number: 201834952HATS

Complete the transfer by adding your Portfolio ID in the transaction reference.

 

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.

  1. Select "Manage Funds" on the portfolio you wish to credit the funds to
  2. Select "Add Funds"
  3. On the Deposit Confirmation page, select the transfer type
  4. Select "I Have Transferred"
  5. Complete the transfer details and
  6. 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 Managed portfolios, there are two ways to do so. Click on the below links to learn more:

 

Related articles

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