Can I Deposit Directly to Syfe?

You have the ability to deposit directly into your Syfe Account. This may be desirable in the case of USD transfers since it there is a high to cost move USD in Singapore. By moving USD directly to Syfe, you can save the cost of an extra hop.

Bank ➡ Airwallex ➡ Syfe

becomes

Bank ➡ Syfe

To obtain your Syfe Deposit Account info, you need to have administrator privileges in CashWise. Navigate to Account Settings and select the Syfe Account you wish to make a direct deposit to.

Please note that Reference field is extremely important to include in the transfer details.

Without this information, your deposit will be delayed.

About Us

CashWise is a fintech company, we provide software tools for our clients to automate their treasury processes to save time, reduce errors and ensure compliance to their own pre-defined corporate operational parameters. CashWise does not custody customer assets and does not provide financial, tax, legal nor any other kind of advice or financial management service.

In Singapore, CashWise has partnered with Airwallex, a major payment institution licensed by MAS and Syfe, a Licensed Capital Markets Service provider with an exemption for Financial Advisor under MAS. More information on our operating model can be found on our risk FAQ.

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¹ Rates of return are forward projections and are not guaranteed. Please see the Syfe product page for more information.