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How to Create a Wise API Key?

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In order for CashWise to function with Wise, you'll first need to create an API Key from within Wise.  Follow these steps: Goto Settings in Wise Select API Tokens and Add a New Token Make sure to enable FULL ACCESS Confirm that your Token is ACTIVE Copy your Wise API Key For more information, please see this link:  https://docs.wise.com/api-docs/features/authentication-access/personal-tokens 

SMS Terms for OTP Verification and Notifications

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  1. Introduction Welcome to CashWise! These SMS Terms (the "Terms") outline the terms and conditions governing the use of SMS (Short Message Service) for OTP (One-Time Password) verification and customer notifications for your access to and use of our services. By using our SMS services, you agree to be bound by these Terms.   2. About Our Company CashWise Pte. Lte. (UEN 202316355W) is a Singapore registered company providing the SMS services. Our principal place of business is located at 63 Circular Rd, #02-01, Singapore 049417. You may contact us at legal@cashwise.asia . CashWise does not currently operate under any other brand names.   3. SMS Services a. OTP Verification : The SMS service is an optional service used to enhance the security of your account through OTP verification. You will receive a one-time password (OTP) via SMS on your registered mobile phone number for secure access to your account. b. Customer Notifications : You may also opt-in to receive SMS

What is the Risk of Using Airwallex?

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  Airwallex is licensed by MAS (Monetary Authority of Singapore) as a Major Payment Institution. "The funds our customers deposit into an Airwallex business account are held in a client segregated trust account, a ring fenced account that ensures funds are held in trust on our customers’ behalf. This separately held money is not available to Airwallex SG’s creditors, our banks or third parties." For more information, please refer to this article:  Airwallex FAQ on money safety .

Appendix A: CashWise List of Third-Party Service Providers

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This Appendix A ("Appendix A") is a part of the Data Access and API Usage Agreement ("Agreement") between CashWise Pte. Ltd., a Singapore registered corporation ("CashWise"), and the company ("Company"). This Appendix provides a list of third-party licensed financial institutions ("Third Parties") with whom Company may share or access data through the Application or Third-Party APIs as referenced in Section 3 of the Agreement. The following is a non-exhaustive list of Third Parties integrated with the Application: Syfe  Pte. Ltd. (“Syfe”) operates as a  CMS Licensee and Exempt Financial Adviser in Singapore . Company acknowledges that by using services provided by Syfe, Company is subject to Syfe Terms of Use which are available  here . Airwallex (Singapore) Pte. Ltd. (“Airwallex”) operates as a Major Payment Institution in Singapore . Company acknowledges that by using services provided by Airwallex, Company is subject to Airwallex

What are the transactional costs to move money between Airwallex and Syfe?

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The costs of moving of funds between Airwallex and Syfe will depend on the currency and the location of the source & destination banks.  More specifically for SGD and USD pairs, please see the table below:  Currency Transaction Network Cost Airwallex to Syfe Cost Syfe to Airwallex SGD PayNow / FAST / GIRO no charge no charge USD SWIFT $20-35 SGD no charge (minimum transfer amount required) USD ACH no charge no charge (minimum transfer amount required)  As of Oct 2023, Syfe only accepts USD via SWIFT transfer method, however, ACH will be supported in the near future.  We will update this FAQ as soon as more details are available.

CashWise Cash Movement Process

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Intro CashWise provides the technology to help businesses simplify and automate their treasury operations to reduce time and errors when managing their cash positions while generating exceptional returns.  We are not a bank, however, our delivery partners are licensed companies under MAS (Monetary Authority of Singapore). CashWise partners include: Airwallex - a MAS licensed Major Payment Institution Syfe - an investment and fund management company with Capital Markets Service License and is an exempt Financial Advisor under MAS Image 1: CashWise Cash Automation Process As shown in image 1, the CashWise instruction processes are highlighted in Orange and the cash movements between Airwallex and Syfe are highlighted in Green.  CashWise Automation Process Step 1 - Define the cash flows & basic setup Customer sets up the operational parameters on the CashWise platform. This will include the defining of the target minimum cash balances to maintain and expected cash outflows

CashWise Data Access and Data Usage Agreement

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 This Data Access and Data Usage Agreement ("Agreement") is a legally binding contract between CashWise Pte. Ltd., a Singapore registered corporation ("CashWise"), and the user ("Company"). By accessing or using the Application provided by CashWise, you agree to comply with and be bound by the terms and conditions of this Agreement.   1. Background 1.1 CashWise provides a software-as-a-service (SaaS) application ("Application") that enables Companies to access their data through third-party APIs and web interfaces ("Third-Party APIs").   2. Data Access and Data Usage 2.1 Subject to the terms and conditions of this Agreement, Company acknowledges and agrees to the following: a. Data Access: Company's data is owned by Company, and Company grants CashWise access to this data through Third-Party APIs integrated with the Application. b. Company and CashWise agree to use the data in compliance with all applicable laws, regulations

CashWise Limited Power of Attorney

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  IMPORTANT: PLEASE READ CAREFULLY BEFORE PROCEEDING This Limited Power of Attorney Agreement (“Agreement”) is a legally binding contract between CashWise Pte. Ltd., a Singapore registered corporation ("Agent"), and the user (“Company”), collectively referred to as the "Parties". By accessing or using the Application provided by CashWise, you agree to comply with and be bound by the terms and conditions of this Agreement. WHEREAS , the Agent operates a SaaS platform which is utilized by the Company (“Application”); WHEREAS , the Company maintains one or more accounts at various third-party financial institutions, as listed here , such accounts are also connected to the Application, collectively referred to as the "Designated Accounts"; WHEREAS , the Company desires to grant the Agent limited authority to manage and facilitate transactions on the Designated Accounts through the Application using Application Programming Interfaces (“APIs”) and/or manual

What is the Risk of Using Cashwise?

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CashWise functions as a technology platform only. Our platform does not touch clients' cash at any given time . In the unlikely event that Cashwise stops operating, clients' cash and assets would still be safely held in their named Syfe and Airwallex accounts.  Both Syfe and Airwallex are licensed entities under MAS.

Privacy Policy

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  PRIVACY POLICY   This privacy notice for CashWise Pte Ltd (" we ," " us ," or " our "), describes how and why we might collect, store, use, and/or share (" process ") your information when you use our services (" Services "), such as when you: Visit our website at https://www.cashwise.asia , or any website of ours that links to this privacy notice Use our application (CashWise), or any other application of ours that links to this privacy notice Engage with us in other related ways, including any sales, marketing, or events Questions or concerns?  Reading this privacy notice will help you understand your privacy rights and choices. If you do not agree with our policies and practices, please do not use our Services. If you still have any questions or concerns, please contact us at privacy@cashwise.asia .     SUMMARY OF KEY POINTS    What personal information do we process? When you visit, use, or navigate our Services, we