Opening Supplementary Retirement Scheme (SRS) Accounts

Yes, you can. You will need to obtain the “Transfer of Account Form” from the new SRS operator, who will then liaise with your existing operator to effect the transfer. Please email to inv_ops@dev.moneyowl.com.sg when the transfer is completed. We may request for additional supporting documents.

You can only open one SRS account with any of the three operators: DBS, OCBC or UOB. It is an offence and there are penalties to open SRS accounts with more than 1 operator.

Firstly, you need to open an SRS account with any of the three SRS operators: DBS, OCBC or UOB. You can then choose to transfer monies into your SRS account.

• Login> Under Investment and Savings Card> Select one of the portfolios
• Click on ‘Add Portfolio’> Select Personal Account> Select your investment goal
• Select ‘SRS’ as the funding method> Follow the on-screen instruction and proceed accordingly

Fill in your SRS Account Details (Please ensure there are sufficient fund in your SRS Account as the amount will be deducted immediately to process the buy request)> Key in the Promo Code (if any)> Continue