You can set up a recurring transfer from your Cash+ Flexi portfolio to another portfolio of your choice by following a few easy steps. Please refer to the below guide:
What happens after I have set up a recurring transfer from Cash+ Flexi?
On your chosen date each month, an internal transfer from your Cash+ Flexi portfolio to your chosen portfolio will be executed automatically. Please note that the internal transfer will be completed within 2-4 working days, excluding weekends and public holidays.
For example, you have set up a recurring transfer of $100 from Cash+ Flexi portfolio to REIT+ portfolio starting 1 October 2022. This means on the 1st of every month, starting from 1 October 2022, an internal transfer of $100 will be automatically executed. Thereafter, the internal transfer will be completed within 2-4 working days.
Furthermore, it is important to note that a recurring transfer will not occur if the setup day coincides with the scheduled transfer day. For instance, if a recurring transfer is set up on 1 October 2022 for execution on the 1st day of every subsequent month, the transfer will only commence on the 1st of the following month. Please be aware that all recurring transfers adhere to the Singapore timezone.
Can I set up more than one recurring transfer?
Absolutely! You can create multiple transfers from your Cash+ Flexi portfolio to your desired Managed portfolios.
For instance, you may create a recurring transfer from your Cash+ Flexi portfolio to your REIT+ portfolio on the 1st of every month. You may then add another recurring transfer from your Cash+ Flexi portfolio to your Core Equity100 portfolio on the 15th of every month.
You have full flexibility to set up multiple transfers and edit them anytime.
Will there be any additional charges for recurring transfers?
No, there are no additional charges for recurring transfers.
Learn more about recurring transfers from Cash+ Flexi