Deposits
Conveyancing Account
FAST AND EFFICIENT SERVICE
SingFinance’s Conveyancing Account is designed for law firms registered in Singapore to keep their client’s conveyancing money safe. Our Conveyancing Account complies with the regulatory measures for property-related transactions. We provide fast and efficient service for your conveyancing account’s needs. It’s easier with us.
Our Features
- Money in the conveyancing account is subject to stringent checks and controls
- No account opening fee
- No initial deposit
- No minimum balance
| Types of Charges & Other Information | Remarks |
|---|---|
| Transaction Fee | $80 (GST Not Applicable) Waived till further notice Note: Fee excludes cost of Cashier’s Order |
| Requirement for the law firm to open an accompany Operating Account for deduction of fee | Not required |
| How is transaction fee paid | By Cash, Cheque or Debit Operating Account |
| Cost of electronic transfer to IRAS for stamp duty payment | $20 (subject to GST) |
| Cost of Cashier’s Order | $5 to $10 per Cashier’s Order depending on urgency of instruction |
| Cancellation of Cashier’s Order | $25 |
| Stop Payment of Cashier’s Order/Cheque | $40 |
| Location for collection of Cashier’s Orders | SingFinance's Main Branch 96 Robinson Road SIF Bldg #01-01 S068899 |
Deposit Insurance Scheme
Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law.
Deposit Insurance
Click here to learn more about the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011.
Terms & Conditions
Click here for the Terms & Conditions Governing Current Account.
Additional Terms & Conditions
Click here for the Additional Terms & Conditions Applicable to Conveyancing Accounts.