How can I deposit funds beyond the limit

You may encounter issues with the deposit limit. To deposit more than the limit, please refer to the instructions below.

Bank transfer limit in Singapore

The maximum daily transfer limit for individuals in Singapore is usually 200,000 SGD or USD, or its equivalent in a foreign currency. Additional restrictions may apply if you set a transfer limit for your account.

Note: The transfer limit may vary from bank to bank. For your actual transfer limit, please check with your bank.

How to deposit more than the limit

If your account has not been approved yet, you can only deposit funds within your deposit limit. Once your account is ready, you can refer to the following methods to deposit more.

Deposit Method

Deposit Amount

How to Deposit More

Deposit via DDA

< = 200,000 SGD/USD

or an equivalent in a foreign currency

Cancel your DDA authorization, relink your bank account via DDA, and adjust your transfer limit.

Or, deposit via bank transfer.

Deposit via DDA

> 200,000 SGD/USD;

or an equivalent in a foreign currency

Split the larger amount into multiple deposits via DDA, ensuring each deposit is less than 200,000 SGD

Or, visit a bank counter in person to initiate a deposit via bank transfer.

Deposit via Bank Transfer

< = 200,000 SGD/USD

or an equivalent in a foreign currency

Check your transfer limit with your bank, adjust your transfer limit, and try making a deposit again.

If you cannot adjust your transfer limit online, you may need to visit a bank counter in person to initiate a deposit.

Deposit via Bank Transfer

> 200,000 SGD/USD

or an equivalent in a foreign currency

You may need to visit a bank counter in person to initiate a deposit.

If you are depositing SGD, you can try splitting the larger amount into multiple deposits via DDA, ensuring each deposit is less than 200,000 SGD.

To check the beneficiary account information for a bank transfer, please click here.

If you encounter any issues while making a transfer at the bank counter, please contact our customer service team.

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