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)
TimeCostsNotes
Credit Card via Mastercard/VisaImmediate (subject to normal system checks)NoneLogin 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
Corporate PayNowWeekdays 8am – 6pm*
Within 2 hours

Weekdays 6pm – 8am
By 9am

Weekends and PH
By 9am on the next working day
NonePlease select “Unique Entity Number”
Enter: 200605050E
Entity Name: CMC MARKETS S’PORE CLIENT’S A/C 2 (this will appear if the correct UEN code is entered)
UEN/Bill Reference Number: 12345678 (your CMC account number must be entered here)

Bank Transfer / FAST
Weekdays 8am – 6pm*
Within 2 hours

Weekdays 6pm – 8am
By 9am

Weekends and PH
By 9am on the next working day.
NoneYour CMC account number must be entered in ‘My Initials’

For more details please log in to your account or contact us.
Non-POSB/DBS (GIRO)In 2–3 working daysNoneYour CMC account number must be entered in ‘Description’ or 'Payment Details'

For more details please log in to your account or contact us.
Non-POSB/DBS MEPS Funds TransferWeekdays before 4pm: On the same day

After 4pm or Saturday, Sunday or PH
On the next working day
Refer to remitting bank for chargesYour CMC account number must be entered in ‘Description’ or 'Payment Details'

For more details please log in to your account or contact us.
Bill Payment (POSB/DBS)In 1 working day
None

Your CMC account number must be entered in ‘My Initials’

For more details please log in to your account or contact us.
Cheque
Weekdays: Cheque deposited before 3:30pm
After 2pm on the next working day

Weekends and PH
By 9am on the next working day.
NoneAfter depositing the cheque, send us a copy, scan or photo of the cheque showing your CMC account number

For more details please log in to your account or contact us.
ATM (Transfer)
Weekdays 8am–4pm
Within 2 hours

Weekends and PH
By 9am on the next working day.
None
After transferring the funds, send us a copy, scan or photo of the receipt with your CMC Account number written on it, together with a bank statement that shows your name and the same account number as your ATM receipt if you have yet to register a bank account with us.

For more details please log in to your account or contact us
NETS (at our Singapore Office)Weekdays 9am – 6pm*
Within 2 hours
NoneWe do not accept cash deposits
Inward Telegraphic Transfer (overseas)In 2–3 working daysCharges of SGD$10 or its equivalent applyYour CMC account number must be entered in ‘Payment Description’ or 'Payment Details'

For more details please log in to your account or contact us.

Notes:
*For urgent funds deposit after office hours (6pm Singapore Time), please call 6559 6000. Funds will be allocated on a case by case basis. ATM funding will only be applicable up to 6pm Singapore time.
We do not accept cash deposited over the counter or ATM cash deposit.

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)
TimeCostsNotes
UOB Telegraphic TransferIn 1 working dayPlease 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 TransferIn 2–3 working daysSGD$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.
DBS
(Over the Counter Transfer)
Within branch opening hoursSGD$ 5.00 flat
(within DBS only)

Your CMC account number must be entered in 'Details for beneficiary'

For more details, please log in to your account or contact us.
Non-DBS Telegraphic TransferIn 2–3 working daysSGD$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.
ChequeIf cheque is deposited before 1pm on a weekday: After 2pm on the next working day

Weekends and Public Holidays: After 2pm on the next working day.
UOB: No charge
DBS: No charge

After depositing the cheque, send us a copy, scan or photo of the cheque showing your CMC account number

For more details please log in to your account or contact us.

Notes:
For urgent funds deposit after office hours (6pm 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)TimeCostsNotes
UOB Telegraphic TransferIn 1 working dayPlease refer to UOB retail banking for any  applicable tariffsYour 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 TransferIn 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, while overseas telegraphic transfers can take 3-4 working days, and charges may be levied by the receiving bank. 

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CFD trading can result in losses that exceed your deposits. Ensure you understand the risks.