Updated as of 29 July 2025

---

Table of Contents

1. Eligibility & Qualification
2. Funding & Holding Requirements
3. Reward Selection & Fulfillment
4. Others
5. Terms & Conditions

---

Eligibility & Qualification

---

Funding & Holding Requirements

---

Reward Selection & Fulfillment

---

Others

---

Terms & Conditions

The Syfe SG60 Promotion (“Promotion”) is organised by Syfe Pte. Ltd. (“Syfe”). By participating in this Promotion, you agree to be bound by these Terms and Conditions, as well as the terms outlined in the client agreement, and to accept Syfe’s decisions regarding all matters related to the Promotion.

1. Promotion Period:
The period to which individuals can register for the Promotion starts on 21 July 2025 at 16:00 PM SGT and ends on 31 August 2025 at 11:59 PM SGT (the “Promotion Period”).

2. Eligibility:

Referrer Eligibility

To qualify as a Referrer, you must:

• Be an existing Syfe client without an active Syfe Brokerage account, defined as someone who has not completed KYC and/or not funded their Brokerage account before;
• Be a legal resident of Singapore;
• Be at least 18 years old at the time of participation;
• Complete the actions outlined in Section 3. Qualifying Actions for Referrers.

Referee Eligibility

To qualify as a Referee, the referred individual must:

• Be new to Syfe, defined as an individual who has not yet registered for a Syfe account, or has registered but not yet funded any Syfe account;
• Be a legal resident of Singapore;
• Be at least 18 years old at the time of participation;
• Complete the actions outlined in Section 4: Qualifying Actions for Referees.

3. Qualifying Action for Referrers

To qualify for the Promotion, an eligible Referrer must:

1. Complete the KYC verification process and fund their Syfe Brokerage account with a one-time deposit of S$1 or more in fresh funds during the Promotion Period;
2. Maintain a minimum balance of S$1 in the Brokerage account until the Reward is credited.
3. Refer at least one Referee who successfully:

• Applies the Referrer’s unique referral code during the Promotion Period;
• Completes all the Qualifying Actions for Referees (as described in Section 4 below).

Note: Referrers will only receive the Reward if their Referee also meets all conditions, including the Holding Period.

4. Qualifying Action for Referee:

To qualify for the Reward, a Referee must:

1. Sign up for a Syfe Brokerage account and complete the KYC verification process;
2. Apply the Referrer’s unique referral code during the Promotion Period;
3. Make a one-time deposit of S$2,000 or more in fresh funds into their Syfe Brokerage account during the Promotion Period
4. Maintain a minimum balance of S$2,000 in their account for at least 30 calendar days from the date of deposit (“Holding Period”)

Note: Only Referees who fulfill all the above steps will qualify for the Reward and only then will their Referrer also be eligible.

5. Funding Period
The Funding Period starts when the Referee successfully applies the referral code during the Promotion Period and ends on 31 August 2025 at 11:59 PM SGT. To be considered “Qualifying Funding”, the Referee’s funds must be received by Syfe within this Funding Period.

6. Grace Period for Promo Code Application
Referees who funded their account but forgot to apply the promo code may do so within 14 calendar days of their initial funding date. Participants who fail to apply the promo code within the 14-day grace period acknowledge that the Reward will not be guaranteed, and any request must be submitted to [email protected] and will be reviewed on a case-by-case basis.

7. Reward

Referrers and Referees who meet all eligibility and qualifying conditions will each receive one (1) share of the following Singapore-listed bank stocks:

• DBS Group Holdings Ltd (“DBS”)
• United Overseas Bank Ltd (“UOB”)
• Oversea-Chinese Banking Corporation Ltd (“OCBC”)

(collectively, the “Reward”).

Reward Value Cap:

The total value of the Reward is capped at S$120. If the combined market value of the three shares exceeds S$120, Syfe reserves the right to award fractional shares, or adjust the proportion of shares, such that the total value does not exceed the cap.

The Reward is non-transferable and cannot be exchanged for cash or other benefits. Syfe reserves the right, at its sole discretion and for any reason, to substitute or modify the Reward with another item of equal value without prior notice.

Referrals Limit:

There is no cap on the number of Referees a Referrer can invite. As long as each Referee fulfils all the conditions outlined in these Terms and Conditions, the Referrer will be eligible to receive the Reward for each successful referral.

8. Holding Period

To qualify for the Reward:

• Referees must maintain a minimum balance of S$2,000 in their Syfe account for at least 30 calendar days from the date of their Qualifying Funding.
• Referrers must also maintain a minimum balance of S$1 in their Syfe Brokerage account at the time the Reward is distributed.

If either the Referrer’s or Referee’s account balance falls below the required minimum during the Holding Period or at the time of reward distribution due to withdrawals, both parties may be disqualified from receiving the Reward. Market fluctuations do not impact eligibility — only withdrawals that reduce the balance below the threshold will.

As of 29 July 2025, Referees may transfer their funds to other Syfe portfolios (e.g., Managed Portfolios or Cash Management) during the Holding Period, only 2-3 business days after their deposit has been reflected in their Syfe Brokerage account. Transfers made before then may result in disqualification from the Promotion.

Syfe reserves the right, at its sole discretion, to disqualify any client it reasonably suspects of fraudulent activity or attempts to game the Promotion, including but not limited to making temporary deposits or withdrawals to meet the minimum balance requirement. In such cases, Syfe may withhold or cancel the Reward and take any other action it deems appropriate.

9. Reward Distribution
Rewards will be credited to eligible Referrers and Referees’ Brokerage accounts within 60 calendar days from the end of the Promotion Period. 

Distribution may be delayed due to operational, technical, or market-related reasons. Syfe does not guarantee that the Reward will be credited within the 60-day period and shall not be liable for any such delays. 

The client’s Brokerage account must be active at the time of Reward distribution. Otherwise, the Reward will be forfeited.

10. Promotion Stackability

Unless expressly stated in the terms of other ongoing promotions, this Promotion cannot be combined with any other offers, promotions, or promo codes.

Clients who have already registered for a non-combinable promotion and wish to participate in this Promotion must submit a change request ticket to Syfe’s customer service team at [email protected]. 

All such requests will be reviewed and approved at Syfe’s sole discretion on a case-by-case basis.

11. Currency
All amounts stated are in Singapore Dollars (SGD).

12. Collection of Personal Information
By participating, clients consent to Syfe collecting and using their personal information for this Promotion and marketing purposes, in accordance with Syfe’s Privacy Policy. You may opt out of marketing communication at any time. Any questions regarding Syfe’s Privacy Policy or treatment of your personal information should be directed to [email protected].

13. Limitation of Liability & Release
By participating, clients assume all risk of loss or any other damages that may arise in connection with their participation in the Promotion. Without limiting the foregoing, client hereby:(a) forever releases and discharges Syfe and its parent companies, subsidiaries, affiliates, related and associated entities and employees, directors, officers, suppliers, agents, sponsors and administrators of each (collectively, the “Releasees”), from and against any and all claims, actions, costs, liabilities, judgments, damages, obligations, losses, penalties, and expenses of any kind or nature whatsoever (including legal fees) (collectively, the “Claims”) in any way arising directly or indirectly out of any injury, loss, or damage that Client may suffer as a result of, or in connection with the participation in the Promotion or any promotion-related activity, including the use of the Reward; and (b) indemnifies, defends and holds harmless the Releasees from and against any and all damages, loss and expenses, including legal fees, which may be suffered directly or indirectly by reason of the Client’s own negligence or wilful misconduct during or in connection with the participation in the Promotion.

12. Trademark Disclaimers
“DBS”, “UOB”, and “OCBC” are trademarks and/or registered trademarks of DBS Group Holdings Ltd, United Overseas Bank Ltd, and Oversea-Chinese Banking Corporation Ltd, respectively. All information relating to these companies has been obtained from sources believed to be reliable at the time of publication. However, Syfe makes no representation and gives no warranty as to the accuracy, completeness, or suitability of such information for any particular purpose. 

Any references to DBS, UOB, and OCBC, including their names, logos, or trademarks, are used strictly for identification purposes and do not imply any affiliation, endorsement, or sponsorship by the respective companies. 

Unless expressly stated, the use of third-party names or intellectual property by Syfe does not indicate any relationship, sponsorship, or endorsement between Syfe and the respective trademark owners or their affiliates. All trademarks and intellectual property rights remain the property of their respective owners.

13. Reservation of Rights
Syfe reserves the right to amend, withdraw, or restrict the promotion at any time without notice, including in cases of suspected fraudulent or abusive behaviour, gaming of the system, inappropriate, offensive, or derogatory language or information, or a violation of these terms.  Syfe is the sole arbiter of these rules and any related issues, and may take any action it deems appropriate, including removing promotions.

14. General & Disclaimers
In the event of any inconsistency between these Terms and Conditions and any advertising, promotional, publicity, and other materials relating to or in connection with this promotion, these Terms and Conditions shall prevail.

This content is intended solely to provide general information only and does not constitute an offer, solicitation, or recommendation for the purchase or sale of securities, futures, or any investment products. Investments carry risks, including the risk of losing all of the invested amount. This promotion does not take into account your personal investment objectives, financial situation, or financial needs.

Syfe makes no representations or warranties regarding the accuracy or suitability of any information provided. You should carefully consider whether any investment views, products, or services are appropriate given your circumstances, and seek independent financial advice through a financial advisor or the Syfe platform and independent legal, accounting, regulatory, or tax advice, where appropriate and/or necessary.

This content is directed solely at and restricted (as applicable and as appropriate) to individuals resident in or entities having a place of business or operations in Singapore. Syfe makes no representation that the material and information contained herein are appropriate or available for use in other locations/ jurisdictions.

No warranty whatsoever is given and no liability whatsoever is accepted for any loss arising whether directly or indirectly as a result of you acting based on this information.

Syfe Pte Ltd. is a digital investment platform licensed by the Monetary Authority of Singapore. Full disclaimers and terms & conditions are available at www.syfe.com.

This advertisement has not been reviewed by the Monetary Authority of Singapore.