Instead, in our continuous efforts to bring even more attractive benefits to our Cash Account holders, Fundsupermart.com has introduced the Cash Fund. This is the first fund launched in Singapore, which will invest its assets in a number of bank deposits with varying periods of maturity, denominated in Singapore Dollars (SGD) only.
Besides using cash, investors will also enjoy the extra option of using monies from their SRS Accounts to invest in the new Cash Fund.
To use your Cash Fund to buy unit trusts, you need to ensure that there are sufficient holdings in the Cash Fund.
Simply select the Cash Fund as the payment method during the buy process.
The investment amount payable will be deducted from your Cash Fund immediately and it will be reflected in your View Holding webpage.
For more details on Cash Fund, please refer to the Cash Fund Hot Story.
For Cash investments, you can do wire/Telegraphic Transfer as well. The details of the account that the telegraphic transfer can be found on the payment instructions you will see on the web page during the buy process.
If you want further details, please email us at firstname.lastname@example.org
If you have a Singapore Bank Account, you can do the following:
1. Singapore Local Cheque (for Singapore Dollars and U.S Dollars only)
You can write your cheque payable to iFAST Financial-Client Trust Account. Write the Purchase Order number behind your cheque and mail it to us at:
iFAST Financial Pte Ltd
10 Collyer Quay #26-01
Ocean Financial Centre Building
2. Internet Bill Payment (for Singapore Dollars only)
If you have a DBS, SCB, OCBC or UOB Internet bank account, you may choose to pay for your order using the bank's Internet Bill Payment service.
At the end of your purchase at Fundsupermart.com, click on "Internet Payment". This will send you to your Bank's Internet Bank Account. Select iFAST Financial Pte Ltd as the payee, and key in your Purchase Order number.
We will receive confirmation of the payment the next working day, and process the transaction.
3. Bank Drafts (for Singapore Dollars and U.S Dollars only)
Make the Bank Draft payable to iFAST Financial-Client Trust Account. Please note that we only accept bank drafts from the following banks:
Hong Kong and Shanghai Bank Corporation (HSBC)
Standard Chartered Bank
Bank of China
United Overseas Bank
Kindly include your Purchase Order number for reference.