Overview
Benefits
Deposit (Top-up Instructions)
See All FSM Cash Solution

FSM Multi-Currency Cash Account on FSM Global

No deposit order required

All incoming deposits are automatically credited into the respective cash account(s). Crediting will be done if there is no outstanding/pending order and if you have indicated an accurate FSM Account Number (Example: PXXXXXXX).

Withdraw SGD to your bank account

You will receive your cash account withdrawal to your specified bank account almost instantly* (do note that your bank account details have to be verified).

FAST / PayNow Local Bank Transfer

For SGD, simply send your money using FAST / PayNow Local Bank Transfer, the money received will be credited in your FSM Cash Account upon receipt.

Buy & Track real-time FX rates

Enjoy full control and access to 11 currencies; buy and track real-time FX rates for your investment needs, at your preferred rate, anytime anywhere.

Benefits of Multi-Currency Cash Account

Access to 12 currencies and their Interest Rates (% p.a.)

Interest Rate refers to the interest rate which will accrue daily and paid to your Cash Account every quarter (based on calendar quarters).

SGDSGD
0.60%
USDUSD
1.80%
HKDHKD
1.00%
CNHCNH
0.80%
MYRMYR
0.50%
AUDAUD
2.50%
CADCAD
0.10%
CHFCHF
0.00%
EUREUR
0.75%
GBPGBP
2.20%
JPYJPY
0.50%
NZDNZD
0.50%
FSM Global
payTradesIcon

Pay for your trades immediately

fullControlMovementsIcon

Full overview and control on the movements of your monies

earnInterestIcon

Earn interest on your Cash Account balance

fxIcon

Real-time FX & currency conversion

autosweepIcon

No lock-in period & No minimum balance

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Learn more about FSM Global

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

Investing with Cash Account Made Easy in 4 Simple Steps

1
Start by opening an FSM Investment Account or login to your account now.
Skip the queue at other brokers and get your trading account instantly only at FSM Global with MyInfo.
2
Cash Account
You simply send us your money
All deposits will be credited into your cash account by default for your settlement needs, you do not have to create any cash account deposit order. Detailed information in Deposit (Top-up Instructions)  below.
3
Pay for your trades with FSM Cash Solutions
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.
4
Direct Credit Bank Account Details
Login to update/view your bank details under Account Settings > Account Update. Ensure that your bank details are updated. Cash withdrawal will be credited into your designated bank account upon completion.
waveHandIconDisclaimer
FSM Multi-Currency Cash Account is an account to facilitate trade settlements for your investments and is not a saving account. The monies are deposited with licensed banks in trust accounts that are held on trust by iFAST for our clients.

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.

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