Topping up your FSM Global Account: A Guide for Global Investors

Are you ready to kickstart your investment journey with FSM Global? After you have successfully opened your account here, the next step is to fund your FSM Global account so that you can start investing.

Depositing money into your FSM Global account may feel slightly daunting the first time, but once you complete the set-up, future deposits can be made seamlessly.

At FSM Global, we accept 12 major currencies, including USD, GBP, HKD, MYR and SGD.

*This article was written in July 2026. Rates quoted are in % per annum (p.a.) and are subject to change without prior notice.

We understand that not all investors' home currencies are among the 12 currencies offered on FSM Global. You may need to perform an FX conversion via a remittance platform or your bank's platform.

Let us show you some of the different ways you can deposit money to FSM Global.

1.      Telegraphic Transfer (via bank account)

For clients funding their account from outside Singapore, a telegraphic transfer is typically the most straightforward option. All you need is our bank name, account number and SWIFT code, which you input into your own bank's international transfer form.

All the information can be found here, under the “Add Money” section.

You'll notice that the funds are sent to iFAST Financial Pte Ltd — this is because FSM Global is the Business-to-Consumer (B2C) division of iFAST Financial Pte Ltd.

·        Processing Time: Funds are usually received and credited within 1 to 3 business days.

·        Note: Because this goes through the international banking network, your chosen bank may charge a wire transfer fee on their end.

This method works from virtually any country or currency your bank supports, making it the default choice for many global investors.

2.      Remittance platforms such as WISE or Revolut

Remittance platforms are getting increasingly popular as they allow users to deposit home currencies such as Ringgit, Rupiah, Peso and many more into the platform and send popular currencies such as USD and SGD to other users, including FSM Global. The FX conversion is usually done by the remittance platform.

Here is a guide on how you can use WISE to transfer money to FSM Global.

3.      iFAST Global Bank Account

iFAST Global Bank is a fully licensed, UK-based digital bank that offers multi-currency accounts and international payments. Both iFAST Global Bank and FSM Global are wholly-owned subsidiaries of iFAST Corporation, a major wealth management and fintech platform listed on the Singapore Exchange (SGX: AIY).

If you are an existing iFAST Global Bank account holder, you can transfer between iFAST Global bank and FSM Global seamlessly and at zero fees.

·        Processing Time: Deposits or withdrawals must be submitted before 3pm (Singapore Time) on any business day. Most currencies are processed within 1 business day.

4.      DBS Multi-Currency Account

If you already hold foreign currencies in a DBS Multi-Currency Account, you can transfer them straight to your FSM Global account without converting to SGD first. This is a free and almost instant method that helps you sidestep foreign exchange fees entirely and is particularly useful if you are investing in currencies you already hold (e.g. USD, HKD, AUD).

Just ensure all information including your FSM account number is entered correctly, and you’re good to go! Click here to find out more.

5.      DuitNow (For Malaysia-Based Investors)

For clients topping up in Malaysian Ringgit, DuitNow offers a fast, local way to fund your account directly through the FSM Global mobile app, without incurring any additional fees from us.

·        Processing Time: Payments received by FSM Global before the cut-off time of 3pm on any business day will be reflected in your MYR cash account on the same day. Payments received after 3pm or on a non-business day will be deposited on the next business day. Withdrawal of MYR will be credited into your designated bank account within 1 business day.

·        Note: Your Malaysia residency declaration must be completed, or funds will not be credited.

6.      eGIRO (For investors with Singapore Bank Accounts)

Are you currently working or residing in Singapore? If yes, you have likely already opened a Singapore bank account.

If you prefer seamless deductions via the FSM Global app instead of logging into your bank account, eGIRO is a convenient option. Simply link your bank account within 15 minutes under the top-up menu to stay consistent with your investments!

7.      FAST Transfer and PayNow (For investors with Singapore Bank Accounts)

If you hold a Singapore bank account, whether you are based locally or simply keep an SGD account for investing, FAST Transfer and PayNow remain fast, low-friction options.

FAST Transfer: Transfer via your bank’s internet banking to iFAST’s designated bank account.

PayNow: Scan the QR code found in the top-up menu, or enter iFAST’s Unique Entity Number (UEN) via your banking app.

Do remember to include your FSM Global account number, so that your funds are credited correctly without any processing delays.

Need Help or Advice?

Read more on the multiple ways to utilize your cash with FSM Global here.

Call us at +65 6557 2853 or send us an email to clienthelp@fundsupermart.com if you encounter any difficulties in topping up your FSM Global account, or if you need any help with getting started. Our client services team will be able to help you as well as provide you with unbiased investment advice.