For Syfe Trade, you can only fund your account using the following bank transfer methods:

• Paynow (Only for SGD)
• FAST
• Wire transfer

Please follow the instructions in your Syfe Trade App for the full payment details.

Internet Banking – FAST

FAST (Fast and Secure Transfer) is an electronic funds transfer service that lets you transfer SGD funds quickly to us. There is a maximum limit of SGD 200,000 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. 

While FAST transfers are in SGD, clients are given the option to fund their USD balance directly from their SGD account. This is done by selecting the 'Transfer Currency' to USD in our app under "Manage Funds" > "Add Funds" > "FAST/GIRO". However, to avoid higher FX fees, it is advisable to fund your Syfe Trade account in SGD first and then request to convert the credited funds to USD in the app under the "Convert Currency" tab. 

• Bank Name: HSBC Bank (Corporate) Account

For FAST transfers, no reference code is required as the account number reflected in your Syfe Trade app is unique. This allows the funds to be matched to your account Please Refer to your Syfe Trade App for the full details when making your funds transfer.

Internet Banking – PayNow (Only for SGD)

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.

PayNow makes it easy to fund your Syfe account, using your internet or mobile banking app. Simply log in and search for the PayNow option.

PayNow via Unique Entity Number (UEN): For PayNow via UEN, key in Syfe UEN number: 201834952HATS

Complete the transfer by keying in the amount and entering your reference code in the transaction reference. You can view the reference code by clicking the PayNow option on the "Add funds" page.

Please Refer to the Syfe Trade App for the full details when making your funds transfer. 

Wire transfer

Our receiving bank, HSBC, does not charge any bank fees for receiving foreign currency transfers. However, please note that your bank may charge you a bank fee when you transfer a non-SGD currency to Syfe.

• Recipient name: SYFE CLIENT SGD ACC
• Recipient bank: HSBC Bank (Corporate) Account
• Swift / BIC Code: HSBCSGSG

Please Refer to the Syfe Trade App for the full details when making your funds transfer.