Fees & Charges

Find out more about the fees associated with Smartly.

9 articles in this collection
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.

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).

Written by Sarah Ho
Updated over a week ago

What is expense ratio?

It refers to the fee incurred from ETF investments.

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.

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.

Written by Sarah Ho
Updated over a week ago

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

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.

Written by Sarah Ho
Updated over a week ago

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

Written by Sarah Ho
Updated over a week ago

Can Smartly accept USD deposits?

Written by Sarah Ho
Updated over a week ago