How do I create a foreign currency portfolio? (SG)

We offer investment options for SGD, USD, EUR, AUD, GBP, and CHF on the Endowus platform. You may access these directly on your Endowus account.

The minimum initial investment amount for a foreign currency portfolio is $100. For subsequent investments, the minimum amount is also $100.

1. Log in to your Endowus account and visit the “Explore” tab.
2. Select Fund Smart.
3. Indicate your choice of currency.
4. Explore and select your desired funds to customise your foreign currency portfolio.
5. Input your time horizon and risk tolerance.
6. Set up your investment plan by entering your initial investment amount and recurring investment schedule (if any).
7. Select:
   1. “Confirm my investment” and confirm via OTP to proceed with the investment order; or
   2. “Save goal and invest later” to set up the goal first and create an investment order when you’re ready.
      
      

How to fund foreign currency investments

You may fund your foreign currency investment orders by either performing a currency conversion on your Endowus account, or depositing the appropriate currency via a bank transfer.

Currency conversion

1. Log into your Endowus account.
   1. On the Endowus app, click on “Transfers” at the bottom of the screen.
   2. On a web browser, click on "Invest | Redeem | Transfer".
2. Select “Convert Currency”.
3. Select the currency you would like to convert from, then select the currency you would like to convert into.

For more detailed instructions: How do I make FX conversions?

Bank transfer

1. Deposit instructions can be found here, or on your Endowus account:
   1. On the Endowus app, click on “Transfers” at the bottom of the screen.
   2. On a web browser, click on "Invest | Redeem | Transfer".
2. Select “Deposit Cash”, then opt for “Bank Transfer”.
3. Indicate your foreign currency of choice under the currency filter.
4. Follow the transfer instructions.

Kindly ensure that you select the transfer instructions for the correct currency, as foreign currencies transferred into a specific currency-denominated account will be automatically converted to that currency at the bank's conversion rate.

You can transfer your relevant foreign currency from a bank account in your own name to your Endowus account. Please check with your bank on the potential fees incurred from the transfer.

For Telegraphic Transfer:

• Bank: HSBC - Corporate ("Hongkong & Shanghai Banking Corp" is also acceptable)
• Bank Swift Code: HSBCSGSGXXX
• Account Name: UOB KAY HIAN P L - TRUST A/C
• Account Number: You may find this number on your Endowus account

Please note that you may incur telegraphic transfer charges for foreign currency transfers into an overseas bank account. Your agent bank may also have corresponding bank charges for transfers.

For Cheque Deposit:

• Bank: HSBC - Corporate
• Front of Cheque: Account Name: UOB Kay Hian P L - Trust A/C
• Back of Cheque: USD Account Number: You may find this number in your Endowus app

After you've deposited the cheque at any HSBC branch, please send a copy of the front and back of your cheque to support@endowus.com for verification and tracking purposes.