FSM Global

Sweep, Grow and Pay!

FSM Auto-Sweep Account

A cash management account that FSM manages on a discretionary basis.

Auto-Sweep Investment Allocation

This account invests into cash, money market fund, and short duration bond fund. This provides investors with higher indicative yield as compared to Cash Account.

Enhanced Payment Facility

Optimise the yield earned from your idle monies while giving you the flexibility to transact immediately to purchase investment products.

FSM Global

No Lag Time When You Purchase Other Investment Products

Unlike most competitors, you do not need to wait for your Auto-Sweep holdings to be fully sold before you can use the proceeds to fund other investments.

You can use Auto-Sweep balance to pay instantaneously for:

Unit Trusts

Bonds

Stocks/ETFs

Managed Portfolios

sgd
SGD Auto-Sweep Account
1.066% p.a.
usd
USD Auto-Sweep Account *NEW
3.130% p.a.
cnh
CNH Auto-Sweep Account
1.095% p.a.
FSM Global Potentially Highh Yield

Enjoy Potentially Higher Yield

Auto-Sweep invests into various high quality and conservative investment products to help our investors generate better yield.

Cash

SGD money market fund

Short Duration Bond Fund

FSM Global

Automatically Invest Your Extra Cash

Sweep all idle cash into Auto-Sweep Account to earn higher yield

Dividends
Coupons
Maturities and redemption proceeds

Higher indicative yield than Cash Account

Opt in today!
sgd

SGD Auto-Sweep Account

1.066% p.a.

usd

USD Auto-Sweep Account *NEW

3.130% p.a.

cnh

CNH Auto-Sweep Account

1.095% p.a.

Investing Auto-sweep

Transact across different currency products

FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner
FSM Cash Solutions Banner

Unlimited transfers daily

Unlimited Transfer Daily

No lock-in period.
No minimum balance

FSM Cash Solutions Banner

Investing with Auto-Sweep Account made easy in 3 simple steps

Skip the queue at other brokers and get your trading account instantly only at FSM Global with MyInfo.
Opt-In: Just one click to enrol instantly
Login to your Account Settings > Auto-Sweep Account to opt-in and settings will be applied immediately.

FAST In
waveHandIconImportant Note
Third party intermediaries from GrabPay and Revolut are not accepted.
  • Use FAST / PayNow transfer
    Make Payments using your bank's mobile banking app. Key in iFAST Financial Unique Entity Number (UEN) or scan our unique QR code with as shown below.
    QRCODE
    Visit your respective bank app to pay using the PayNow QR code
    BANK OF CHINACIMBCITIDBSHONG LEONGICBCMAYBANKOCBCPAYNOWSCBUOB
    Step 1: Login to your banking’s website or app.
    Step 2: Send us your payment using FAST Transfer into our Standard Chartered SG Bank Account or PayNow (UEN) 200000231RAIY transfer.
    Step 3: Search the result to ensure recipient/entity name is displayed as IFAST FINANCIAL PL-CT SUB
    IMPORTANT: If you've forgotten to indicate your FSM Investment account number, your deposit will be delayed.
    Please contact us, drop us an email to show proof of your transfers/receipt. (Please indicate your FSM account number
    PXXXXXXXas the payment reference).
    For security purposes, iFAST's bank account details will be displayed on this page upon your FSM account login.
  • Apply for Cash Top-Up Plan using GIRO or setup a standing instruction / scheduled FAST transfer with your bank to transfer money into our bank account.
Parking in Auto-Sweep Account
Click on Cash > Transfer between Accounts >
After the successful crediting of your money into the Cash Account, you can deposit into your Auto-Sweep Account easily by making a Transfer Between Cash Account & Auto-Sweep Account.
Login to view Cash Solutions for a consolidated balance in your Cash Account and Auto-Sweep Accounts in SGD Equivalent and use it to pay for all investment products on FSM Global.

How It Works

FSM Global | A low cost, convenient, informative and interactive unit trust platform that allows you to invest globally and profitably

Best Payment Option For your Cash Investments

Unit TrustsBondsBond ExpressManaged PortfoliosETFsStocksExcess Cash Sweep Facility
Multi-Currency Cash Account
SGD Auto-Sweep Account
#
#
CNH Auto-Sweep Account
*
*
USD Auto-Sweep Account
*
*#
#
Post-Transaction Payment (PTP)
Payment Supported
Payment Supported for selected bonds only
#Not applicable for SSE, SZSE
*Not applicable for RSP

MYR Cash Account Payment

CurrencyDepositWithdrawalTransfer between AcctsForeign ExchangeRecurring Plans
MYR Cash AccountN.A.
CurrencyBursa MalaysiaBondsOther Stock ExchangesMAPSUnit TrustsRSP
MYR Cash AccountN.A.
*Please convert MYR to another currency for non-Bursa Malaysia transactions.
Payment Supported

Product Summary

Product NameSGD Auto-Sweep Account
Latest Net Yield
1.066% p.a.
Updated as of 29 Jun 2026 based on the weighted average of the latest yield of underlying portfolio constituents after deducting latest fund-related expenses and FSM management fee. Latest net yield is neither a guaranteed rate nor an accurate indication of future returns. Net yield is updated on a weekly basis and is subject to fluctuation. Actual returns on Auto-Sweep Account will be based on the underlying portfolio constituents performance.
Minimum Deposit amountSGD 50
Minimum Balance Amount/ Minimum WithdrawalSGD0 / SGD 50
Minimum Recurring Top-Up AmountSGD 100
Management Fee0.05% per quarter
Settlement / LiquidityT (same day)
Receive redemption proceeds back to your FSM SGD Cash Account if redemption instruction is submitted before 10am (subjected to weekend and Singapore public holiday)

What It Invests Into

Created with Highcharts 9.3.2
 Cash
 Short duration bond funds

Investment Objective

This portfolio aims to produce a return higher than Cash account while maintaining a high degree of liquidity and capital preservation. The portfolio does not pay out dividend from the underlying investments. The target allocation may change with our views on the financial markets and the interest rates environment.

Key Features

The Auto-Sweep Account is suitable for investors seeking a higher yield for their idle cash while waiting for the next investment opportunity. The discretionary portfolio is diversified across cash, money market funds and short duration bond funds. It aims to potentially provide higher returns than the FSM Multi-Currency Cash account.

Risk Rating
  • Low
  • Low to Medium
  • Medium
  • Medium to High
  • High

Current Portfolio Allocation

Product Name% of Portfolio
iFAST SGD Enhanced Liquidity A SGD (AS)90
Cash Account10

Key Risks

Investing involves risk, including possible loss of principal invested. View the list of risks here:

Add Money

What currency are you depositing?

You can apply eGIRO here.

FSM Account No.
PXXXXXXX 
(Pleaseloginto view your account number)
Recipient's Name
iFAST Financial Pte Ltd
Recipient's Account Number
(iFAST bank account details are shown only after login for security reasons.)
Additional Information Required from Bank
waveHandIconImportant Note
  • Joint accounts are allowed. For first-time transfers from a joint account, additional verification may be required. You may be asked to provide a copy of your joint bank account statement.
  • Third-party transfers (including GrabPay and Revolut) are not accepted. Ineligible transfers will be returned, and any bank charges will be borne by you.
  • Your money is usually credited to your Cash Account within 30 minutes. Timing may be affected by bank maintenance, processing delays, a missing FSM account number in your transfer, or where additional verification is required for first-time joint account transfers.
  • The bank account name must match your FSM account name, and you must include your FSM Account Number (e.g. PXXXXXXX) in the transfer reference.
  • Transfers may be delayed if there are pending transactions.
  • Bank transfer limits are subject to your daily transfer limit set by your bank.
  • iFAST bank account details are shown only after login for security reasons.
Link your FSM account to iFAST Global Bank account underAccount Setting > Bank / CPF / SRS Details
Step 1: Login to iFAST Global Bank internet banking portal or app.
Step 2: Select “Payment & Transfer“ > “Transfer within iFAST Group”.
Step 3: Select Country/Region “Singapore“.
Step 4: Select your FSM Singapore account number starting with “P”.
Step 5: Key in Amount to Transfer & Preview.

Deposit / Withdrawal initiated before 3pm (Singapore Time) on any business day:
Other Currencies: T+1 business day to process.
CNH: T+ 2 business days to process.

We will only receive the payment from your bank on the next business day if you pay before your bank's cut-off time on any business day.

FSM Account No.
PXXXXXXX 
(Pleaseloginto view your account number)
Biller
iFAST Financial Pte Ltd
waveHandIconImportant Note
  • Joint accounts are allowed. For first-time transfers from a joint account, additional verification may be required. You may be asked to provide a copy of your joint bank account statement.
  • Third-party transfers (including GrabPay and Revolut) are not accepted. Ineligible transfers will be returned, and any bank charges will be borne by you.
  • Funds are usually credited to your Cash Account next business day if you pay before your bank cut-off time on any business day.
  • The bank account name must match your FSM account name, and you must include your FSM Account Number (e.g. PXXXXXXX) in the transfer reference.
  • Transfers may be delayed if there are pending transactions.
  • Bank transfer limits are subject to your daily transfer limit set by your bank.
  • iFAST bank account details are shown only after login for security reasons.

Send your cheque to us via our free Business Reply Envelope. The top-up will be processed once we receive your cheque.
Information to indicate behind the cheque: Your contact number and FSM account number

FSM Account No.
PXXXXXXX 
(Pleaseloginto view your account number)
Payee Name
iFAST Financial Pte Ltd
Payee Account Number
(iFAST bank account details are shown only after login for security reasons.)
waveHandIconImportant Note
  • Cheques and bank drafts must be issued by a Singapore local bank and from your own personal bank account (joint accounts are allowed).
  • Cheques may be sent via business reply envelope or deposited directly at any bank branch.
  • For direct cheque deposits, please capture clear images of the cheque (front and back) for verification.
Cheque clearance time:
  • SGD cheques: up to 1 working day
  • USD cheques: up to 2 working days

Please note that we only accept bank drafts from the following banks in Singapore:

  • Hong Kong and Shanghai Bank Corporation (HSBC)
  • Standard Chartered Bank
  • Citibank
  • Bank of China
  • UOB (United Overseas Bank Ltd)
  • DBS Bank
  • OCBC Bank

Information to indicate behind the cheque: Your contact number and FSM account number

FSM Account No.
PXXXXXXX 
(Pleaseloginto view your account number)
Payee Name
iFAST Financial Pte Ltd
Payee Account Number
(iFAST bank account details are shown only after login for security reasons.)
waveHandIconImportant Note
  • Cheques and bank drafts must be issued by a Singapore local bank and from your own personal bank account (joint accounts are allowed).
  • Cheques may be sent via business reply envelope or deposited directly at any bank branch.
  • For direct cheque deposits, please capture clear images of the cheque (front and back) for verification.
Cheque clearance time:
  • SGD cheques: up to 1 working day
  • USD cheques: up to 2 working days

Apply Recurring Top-Up Plan to preset your cash top up amount and frequency according to your instructions.

FSM Account No.
PXXXXXXX 
(Pleaseloginto view your account number)
Recipient Bank Name
Standard Chartered Bank Singapore Limited
Recipient Account Name
IFAST FINANCIAL PL- CT SGD SUB
Recipient Account Number
(iFAST bank account details are shown only after login for security reasons.)
Recipient Swift Code
SCBLSG22XXX
Recipient Bank Address
8 Marina Boulevard, #01-01, Marina Bay Financial Centre Tower 1, Singapore 018981
Bank Code/Clearing Code
9496
waveHandIconImportant Note
  • Joint accounts are allowed. For first-time transfers from a joint account, additional verification may be required. You may be asked to provide a copy of your joint bank account statement.
  • TT third-party transfers are not accepted, except from remittance firms, where an account statement is required. Ineligible transfers will be returned, and any bank charges incurred will be borne by you.
  • TT payments are typically received and credited within 1 to 3 business days.
  • The bank account name must match your FSM account name, and you must include your FSM Account Number (e.g. PXXXXXXX) in the transfer reference.
  • Transfers may be delayed if there are pending transactions.
  • TT processing fees charged by the bank will be borne by you.
waveHandIconImportant Note
  • You can use 100% of the Available Balance from Cash Account and Auto-Sweep Account for investments (including RSP).
  • Investors can only use up to 98% of the current Nikko AM Shenton Short Term Bond Fund holdings to make same day transactions if used as the payment method. 2% is set aside as a buffer for any differences due to forward pricing.
Disclaimer

FSM Multi-Currency Cash Account is an account to facilitate trade settlements for your investments and is not a savings account. The monies are deposited with licensed banks in trust accounts that are held on trust by iFAST for our clients.