● Supported currencies: SGD, USD, and HKD
● Withdrawable cash: Settled funds which can be transferred from brokerage account to bank account.
● Withdrawal amount: The withdrawal amount cannot be more than the withdrawable cash.
When filling in the information of beneficiary account, please pay attention to the following:
● Please transfer funds to your personal bank accounts
Transferring funds to third-party accounts or corporate accounts won't be accepted. Such withdrawal requests will be declined.
● Please upload your bank certificate
A bank certificate must include Bank Account Number and Bank Account Holder Name, e.g., a bank statement or a debit card. The bank certificate is used to verify that the bank account belongs to you.
● Estimated arrival
After receiving your withdrawal request, we will process it as soon as possible. We will send you a notification once the funds are on the way. Banks may take a while to process your transfer. Your funds may not be available immediately.
● Fees
Moomoo Financial Singapore Pte. Ltd. does not charge a fee. However, your bank may. Please refer to the fee schedule below for details. Intermediary and beneficiary bank fees may apply.
Bank Country/Region | Currency | Withdrawal Amount | Beneficiary Bank | Estimated Arrival | Remitting Bank Fees |
Singapore | SGD | Under 200,000 SGD | Singapore banks offer FAST | 1 business day | 0 |
Other Singapore banks | 1-3 business days | 30 SGD | |||
Over 200,000 SGD | DBS Bank or POSB Bank | 1-3 business days | 0 | ||
Other Singapore banks | 30 SGD | ||||
USD/HKD | Any Amount | DBS Bank or POSB Bank | 1-3 business days | 0 | |
Other Singapore banks | 30 SGD or equivalent | ||||
Other Countries/Regions | SGD/USD/HKD | Any Amount | Banks in other countries/regions | 3-5 business days | 30 SGD or equivalent |
Log in and click Trade > Brokerage Account > All > Funds Record to view your withdrawal history. There are five statuses：
● Pending: The withdrawal request has been submitted but is not yet processed.
● Completed: The withdrawal request is completed, and the funds are on the way.
● Cancelled: Clients cancelled the withdrawal request.
● Declined: The withdrawal request is denied. For details, please refer to your email and app's notification.
● Reversed: The funds are returned by the bank and will go back to your Moomoo Financial Singapore Pte. Ltd. account.
