Funding and withdrawal table SG

Funding and withdrawal

Please refer to the tables below for details of how to deposit funds into your account, and make withdrawals from it. If you use our Next Generation platform, you can access fuller details after logging in to your account.

Funds Deposit – Singapore Dollar (SGD)

We can allocate funds only if your CMC account number is provided as outlined in the Notes column below.
All times shown are in Singapore time.

Payment method (SGD)	Time	Costs	Notes
FAST Transfer (for all FAST participating banks)	Immediate (subject to normal system checks)	None	Set up new bank recipient as one time set up Recipient's Name: (CMC Markets Singapore Pte Ltd – CMA) Recipient's Account: 883003XXXZ Bank Code: 7153 (JP Morgan) On the actual transfer please indicate your CMC Markets trading account number under My initials/Comments for Recipients/Add Decscription for immediate crediting to your account.
Credit and Debit Card via Mastercard/Visa	Immediate (subject to normal system checks)	2% Transaction Fees will be levied	Login in to your NG account and register your card for first time users on our NG platform Please ensure that any payment you make to fund your account is from a card in your name, any payment from third-party sources will be returned. Funding is for the purpose of margin call and trading on our platform only.
PayNow	Immediate (Subject to system check)	None	NEW: Instant funding with J.P. Morgan PayNow Fund your CMC Markets trading account instantly with our enhanced J.P. Morgan PayNow service. Available 24/7 with zero fees, this is our fastest funding option yet. How to fund using J.P. Morgan PayNow: Option 1: Scan QR Code Use your iBanking app to scan the QR code below: Click here for QR code Option 2: Manual Entry - UEN: 200605050EJPM - Entity Name: CMC MARKETS SINGAPORE PTE LTD.-CMA (This will appear automatically when the correct UEN is entered) IMPORTANT: Please enter your CMC Markets trading account number in the UEN/Bill Reference No. field to ensure immediate processing. Note: Our existing DBS PayNow funding method remains available for all users who prefer that option.

Funds Deposit – US Dollar (USD)

We can allocate funds only if your CMC account number is provided as outlined in the Notes column below. All times shown are in Singapore time.

Payment Method (USD)	Time	Costs	Notes
Credit and Debit Card via Mastercard/Visa	Immediate (subject to normal system checks)	2% Transaction Fee will be levied	Login in to your NG account Register your card for first time users on our NG platform Please ensure that any payment you make to fund your account is from a card in your name Any payment from third-party sources will be returned Funding is for the purpose of margin call and trading on our platform only
UOB Telegraphic Transfer	In 1 working day	Please refer to UOB retail banking for any applicable tariffs	Your CMC account number must be entered in ‘Details for beneficiary’ For more details please log in to your account or contact us.
Non-UOB Telegraphic Transfer	In 2–3 working days	Bank charge of SGD$10.00 or its equivalent + your bank’s service fees (if applicable)	Your CMC account number must be entered in ‘Details for beneficiary’ For more details please log in to your account or contact us.

Notes:
For urgent funds deposit after office hours (5.30pm Singapore Time), please call 6559 6000. Funds will be allocated on a case by case basis.
We do not accept cash deposited over the counter or ATM cash deposit.
Any deviation of bank charges from DBS/UOB bank, bank rates prevail.

Funds Deposit – Hong Kong Dollar (HKD)

We can allocate funds only if your CMC account number is provided as outlined in the Notes column below. All times shown are in Singapore time.

Payment Method (HKD)	Time	Costs	Notes
UOB Telegraphic Transfer	In 1 working day	Please refer to UOB retail banking for any applicable tariffs	Your CMC account number must be entered in ‘Details for beneficiary’ For more details please log in to your account or contact us.
Non-UOB Telegraphic Transfer	In 2–3 working days	SGD$10.00 + your bank’s service fees (if applicable)	Your CMC account number must be entered in ‘Details for beneficiary’ For more details please log in to your account or contact us.

Please note all charges for the currencies above are levied by the bank, as these are third party charges, they may change at any time without notice, it is possible in certain circumstances additional charges may apply.

Withdrawal Request

You can make a withdrawal by logging in to your account, accessing the Payments dropdown menu item, clicking on the Withdrawals tab, and following the on-screen instructions. Transferring funds to an account in Singapore typically take 1-2 working days and incurs no charge, card withdrawals can take up 3-5 working days, while overseas telegraphic transfers can take 3-4 working days, and charges may be levied by the receiving bank.

Funds not intended for trading may be returned to source rather than the preferred withdrawal destination, and may be subject to delays.

Withdrawal Limit

The ‘Withdrawal limit’ is the amount that can be withdrawn to your chosen destination. For example, you can only withdraw the amount you’ve deposited with a specific card in the last 12 months, to that same card. Withdrawals to a registered bank account are limited to 200,000 SGD per transaction.

You can withdraw a maximum of USD 40,000 equivalent to your card in any 24 hour period.

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