Instructions before Deposit

1.How to deposit funds in Tiger?

1.1 Choose deposit currency (Singapore dollar, Hong Kong dollar, US dollar, Euro, Australian dollar are supported)

1.2 Transfer funds to Tiger (You can deposit money through DDA, ordinary bank transfer or Wise's Link in Tiger)

1.3 Submit deposit notification (For ordinary bank transfer, deposit notification may be required)

Please refer to the next section [Procedure of Funds Deposit] for detailed operation steps.

2.What currencies does Tiger support for deposit?

Support Singapore dollar, Hong Kong dollar, US dollar, Euro, Australian dollar for deposit.

Support instant exchange between currencies after deposit.

3.How many deposit methods does Tiger support?

 

Remittance Bank

Currencies Supported

Transfer methods

Time of arrival

Fees charged

Transfer steps

DBS/POSB

SGD

DDA

5 minutes

free

Deposit funds by Tiger App

SGD/HKD/USD/EUR/AUD

Bank Account Transfer

SGD minimum 15 minutes(during business hours: 9am - 6pm, Monday to Friday);
1-2 working days for other currencies

free

1.E-banking Transfer
2.Notify Tiger to collect payment

Banks in Singapore(Non DBS/POSB)

SGD

Bank Account Transfer(FAST)

Minimum 15 minutes
(during business hours: 9am - 6pm, Monday to Friday)

free

HKD/USD/EUR/AUD

Bank Account Transfer

1-2 business days

No charge from Tiger and its receiving bank (DBS);
Remitting bank and intermediary bank may charge (approx. HKD 200 or USD 25 or AUD 25 or EUR 25)

Banks outside Singapore

SGD/HKD/USD/EUR/AUD

Bank Account Transfer

1-3 business days

No charge from Tiger and its receiving bank (DBS);
Charges depend on the client's chosen sending bank and the bank's appointed intermediary bank.


Clients can pay in certain South East Asia currencies*, AUD, CAD, EUR, GBP;
Tiger receives in SGD, USD.

Wise's Link in Tiger

Please refer to Tiger App [Trade > Deposit >Wise] (every deposit varies)

No charge from Tiger and its receiving bank (DBS);
Wise may charge a transaction fee depending on the country the funds are transferred from and the amount being transferred.

Deposit funds by Tiger App

 *Refer to Wise website for more details.

Instructions:

1. Tiger or its receiving bank DBS Bank Ltd ("DBS")/POSB Bank ("POSB") does not charge any fee, but bank transfers may incur fees . When transferring funds across borders, the intermediary bank will charge an additional transfer fee. Please refer to the sending bank for specific charges.

2. The time depends on the processing bank(s). The minimum time for funds to arrive can be within the same business day. The transfer of any of the above currencies from DBS/POSB or the transfer of SGD from non-DBS/POSB takes 15 minutes during business hours. If the transfer is initiated during non-business hours, it will arrive on the next business day.

3. For funds remitted from banks not in Singapore, the specific arrival time and cost are uncertain as the remittance involves cross-border transfer.

4. Please use the bank account with the same name as your Tiger account to initiate the deposit. If you deposit via other's bank accounts, joint bank accounts, third-party payment platforms (excluding Wise's Link in Tiger), it will result in a refund. Refunds will be returned to your sending account in the same manner as they were transferred out. Also refunds may take 2-4weeks(The third-party platform deposit refunds may take 6-8 weeks) and banks will charge fees of up to USD100 or equivalent, which will be borne by the client.

Disclaimer:

TBSG is not responsible for delays in deposits due to Bank’s system issues including scheduled downtime, system outage, etc.

Was this helpful?