SIF’s Conveyancing Account is designed for law firms registered in Singapore to keep their client’s conveyancing money safe. Our Conveyancing Account complies with the regulatory measures for property-related transactions. We provide fast and efficient service for your conveyancing account’s needs. It’s easier with us.

Our Features

  • Money in the conveyancing account
    is subject to stringent checks and controls
  • No account opening fee
  • No initial deposit
  • No minimum balance
Types of Charges & Other Information Remarks
Transaction Fee $80 (GST Not Applicable)
Waived till further notice
Note: Fee excludes cost of Cashier's Order
Requirement for the law firm to open an accompany Operating Account for deduction of fee Not required
Initial deposit for Operating Account $5,000
Minimum balance for Operating Account $5,000
Note: fall-below fee is $15 per month
When is transaction fee payable At time of pay-in
How is transaction fee paid By Cash, Cheque or Debit Operating Account
Cost of electronic transfer to IRAS for stamp duty payment $20 (subject to GST)
Cost of Cashier's Order $5 to $10 per Cashier's Order (subject to GST) depending on urgency of instruction
Cancellation of Cashier's Order $25 (subject to GST)
Stop Payment of Cashier's Order/Cheque $40 (subject to GST)
Location for collection of Cashier's Orders SIF Main Branch
96 Robinson Road SIF Bldg #01-01 S068899

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law.
Click here to learn more about the Deposit Insurance and Policy Owners' Protection Schemes Act 2011.

Contact us today!