Introducing our new “SFL LockFunds” feature for our Blue Sky Savings/Vivid Savings account.
Singapura Finance Ltd has introduced a new “money lock” feature for its Blue Sky Savings/ Vivid Savings account deposits. This feature allows account holders to lock a portion of their deposits, preventing these funds from been transferred out, thus safeguarding depositors’ hard-earned money. The locked funds are inaccessible for unauthorized digital transactions, adding an extra layer of protection against scams.
When the funds are locked you will not be allowed to perform the following transactions on the locked amount:
- Fixed deposit placements
- Transfers to another SFL account
- Transfers to another bank’s account
- Create new payment arrangements e.g. GIRO, Standing Instructions or future dated transfers
To do a LockFunds instruction or withdraw your LockFunds on your savings – please visit any Singapura Finance Ltd Customer Centre in-person for us to verify your identity.
