SIF’s Conveyancing Account is designed for law firms registered in Singapore to keep their client’s conveyancing money safe. Our Conveyancing Account complies with the regulatory measures for property-related transactions. We provide fast and efficient service for your conveyancing account’s needs. It’s easier with us.

Our Features

  • Money in the conveyancing account
    is subject to stringent checks and controls
  • No account opening fee
  • No initial deposit
  • No minimum balance
Types of Charges & Other Information Remarks
Transaction Fee $80 (GST Not Applicable)
Waived till further notice
Note: Fee excludes cost of Cashier's Order
Requirement for the law firm to open an accompany Operating Account for deduction of fee Not required
Initial deposit for Operating Account $5,000
Minimum balance for Operating Account $5,000
Note: fall-below fee is $15 per month
When is transaction fee payable At time of pay-in
How is transaction fee paid By Cash, Cheque or Debit Operating Account
Cost of electronic transfer to IRAS for stamp duty payment $20 (subject to GST)
Cost of Cashier's Order $5 to $10 per Cashier's Order
depending on urgency of instruction
Cancellation of Cashier's Order $25
Stop Payment of Cashier's Order/Cheque $40
Location for collection of Cashier's Orders SIF Main Branch
96 Robinson Road SIF Bldg #01-01 S068899

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law.
Click here to learn more about the Deposit Insurance and Policy Owners' Protection Schemes Act 2011.
Click here for the Additional Terms & Conditions Applicable to Conveyancing Accounts.

Contact us today!