The Cash Account is an online cash management service by iFAST Financial Pte Ltd which facilitates online transactions (please refer to General Question on who iFAST Financial is). The monies in your Cash Account are held with Standard Chartered Bank-iFAST Client Trust Account. The Cash Account pays an interest of 1.20% per annum (rates are subjected to change). The interest is accrued daily, compounded monthly and credited on a quarterly basis into your Cash Account.