How does my money get invested from the moment I made a deposit?
The funds will be reflected in your StashAway account within 1-2 business days. Kindly note that that non-Singapore bank transfers may take longer due to extra verification measures. Once the transfer has been linked to your StashAway account, you will receive a receipt confirmation from us.
We will first convert 99% of your cash from SGD to USD (at spot rate, with 0.08% fee charged by the broker) and then invest this sum in the ETFs according to your portfolio allocation. 1% of your funds remains in SGD cash for rebalancing and platform fee.