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Fees & Charges

Fees & Charges

Find out more about the fees associated with Smartly.

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Written by Sarah Ho
Smartly fees

Do I have to pay any fees when getting started?

No, there are no fees associated when getting started with Smartly.
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Written by Sarah Ho
Updated over a week ago

What are the fees associated with Smartly?

Annual management fee, ETF fee (expense ratio) and currency impact (exchange rate).
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Written by Sarah Ho
Updated over a week ago

What is expense ratio?

It refers to the fee incurred from ETF investments.
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Written by Sarah Ho
Updated over a week ago

Why is the payment method restricted to bank transfer only?

To reduce any unnecessary cost incurred from the processing fees of credit and debit cards.
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Written by Sarah Ho
Updated over a week ago
Exchange rates

What is currency impact?

Currency impact refers to expenses or gains incurred from the exchange rate between SGD and USD.
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Written by Sarah Ho
Updated over a week ago

Why does Smartly need to convert SGD into USD for investments?

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Written by Sarah Ho
Updated over a week ago

Why does Smartly need to convert USD to SGD for withdrawals?

To ensure that you are able to receive the money without any delay or additional costs.
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Written by Sarah Ho
Updated over a week ago

Which exchange rate does Smartly based on for SGD – USD?

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Written by Sarah Ho
Updated over a week ago

Can Smartly accept USD deposits?

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Written by Sarah Ho
Updated over a week ago
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