Syfe for Business Referral Code: BIZREF107 (Referral Programme)

Enjoy flexible strategies for all your treasury and cash management needs.

Last updated on 22 Apr, 2025 3 min read Business

Please note that Syfe for Business is a corporate account that you can open for businesses only. It is not for individuals.

For individuals, please visit the referral posts on Syfe Brokerage or Syfe Managed Portfolios instead.

Promotion period: 24 February 2025 at 12:00 PM SGT and ends on 31 December 2025 at 11:59 PM SGT

Receive up to 4 months of management fee waiver for your company’s Cash Management portfolio in Cash+ Flexi.

Steps:

  1. Register for a Syfe corporate account via this link.
  2. Wait for approval – you’ll receive confirmation once your account is opened.
  3. Create a new Cash Management portfolio.
  4. Redeem the promotion using the referral code: BIZREF107
    • [Mobile] On the Homepage, tap the menu icon in the bottom-right corner. Select “Redeem code” and enter the referral code.
    • [Web] On the Homepage, select the account icon on the top-right corner. Select “Promotions” and enter the referral code.
  5. Make a lump-sum deposit into your portfolio based on the reward tiers above.
  6. Your fee waiver will be activated within 1 working day.

Tiers for management fee waivers:

  • 1 month (for first deposit: $100,000)
  • 2 months (for first deposit: $200,000)
  • 3 months (for first deposit: $500,000)
  • 4 months (for first deposit: $1,000,000 and above)

Other terms and conditions may apply.

Table of Contents

What is Syfe for Business?

Syfe for Business is a corporate investment and treasury management platform designed for companies in Singapore, including SMEs, MCSTs, and startups. It offers tailored solutions to help businesses optimize their idle cash, manage liquidity, and achieve financial growth.

MAS License

Syfe License CMS100837

Syfe is licensed by the Monetary Authority of Singapore (“MAS”) under a Capital Markets Services (“CMS”) License (CMS License No: CMS100837) for retail fund management.

Awards

Syfe Cash Management

Cash+ Flexi

Earn projected returns on your SGD or USD with no lock-ins.

Cash+ Guaranteed

Offers fixed returns with tenures of 1, 3, 6, or 12 months. For instance, a 3-month SGD term offers a guaranteed return of 2.3% p.a on 17 April 2025. Suitable for businesses prioritizing capital preservation and stable returns.

WARNING: Cash+ Guaranteed is a managed investment portfolio, and should not be taken as a fixed deposit. Until the investment is locked in, the rate is subject to change. Investment capital and returns are guaranteed subject to underlying bank risk.

Experience Sharing

Can I open an account for a company with foreign shareholding?

I was able to open an account for a company with a Malaysia director and shareholder.

Only Cash Management portfolios are available

As of April 2025, only Cash+ Flexi and Cash+ Guaranteed are available to companies, despite other investment options being shown as available.

I was informed that if a corporate account tries to invest in anything other than the Cash+ products, Syfe’s compliance team will flag it out, and the investment will be withdrawn. The Syfe team is working on showing only Cash+ products in the user interface for corporate accounts.

Can I do a test deposit first?

You can make a test deposit (e.g. $1000) first, then add more funds later, before applying the referral code: BIZREF107 to enjoy the management fee waiver. Note that this must be completed within the first month of the account opening.

Syfe
Auntiehuat
Auntiehuat
Web Administrator

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