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All Other Useful FAQ
Singlife Account FAQs
Transfers and Withdrawals

Singlife Account

Choose a question

Is there a limit to my daily withdrawals?

What happens to my Singlife Account insurance benefits after I make a withdrawal?

When can I withdraw funds from my Singlife Account?

Can I make a FAST transfer from my Singlife Account to a friend’s or family member’s account?

Is there a limit to my daily withdrawals?

The daily withdrawal limit from the Singlife Account is S$20,000.

What happens to my Singlife Account insurance benefits after I make a withdrawal?

Your insurance cover is based on your up-to-date account value. As such, a withdrawal will reduce your insurance benefits.

When can I withdraw funds from my Singlife Account?

You may withdraw funds from your available account balance at any time.

Can I make a FAST transfer from my Singlife Account to a friend’s or family member’s account?

No, you can only withdraw funds from your Singlife Account into your own personal bank account to prevent any potential scam. 

Notes:

1A daily spending limit is set at S$5,000. An annual spending limit is set at S$30,000 on a 365-day rolling basis. 

 

 

This webpage is published for information only and Singapore Life Ltd. accepts no liability whatsoever with respect to its use or its contents. 

The information contained here is accurate as at Feb 2024.

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