Login to LBS App - "Portfolio" - "More" - "Withdrawal"
Select your beneficiary bank*
Indicate the amount you intent to withdraw
Submit the request and wait for the arrival of funds
Transfer to Singapore Banks
|Currency||Withdrawal Amount||Beneficiary Bank||Estimated Arrival||Remittance Fee|
|SGD||Under 200,000||Singapore banks with FAST||1 business day||Free|
|Others||1-3 business days||Approx. 5 SGD (Waived)|
|Over 200,000||DBS/POSB Bank||1-3 business days||Free|
|Others||1-3 business days||Approx. 30 SGD (Waived)|
|USD/HKD||Any Amount||DBS/POSB Bank||1-3 business days||Free|
|Others||1-3 business days||Approx. 40 SGD or equivalent (Waived)|
Transfer to non-Singapore Banks
|Currency||Withdrawal Amount||Estimated Arrival||Remittance Fee|
|SGD/USD/HKD||Any Amount||1-3 business days||Approx. 40 SGD or equivalent (Waived)|
Please transfer funds to a bank account in the same name as your LBS Account. Funds cannot be withdrawn to other persons' bank accounts, third-party payment platforms or a joint bank account.
LBS supports SGD, USD and HKD for withdrawal, please ensure the withdrawal currency are supported by your bank account.
If you do not have a verified bank account with LBS, please add one first before initiate a withdrawal.*
Only settled amount can be withdrawn and net total cash balance need to be greater than 0.
The remittance fee are subjected to change without prior notice.
If there is a charges levied by the remitting banks, receiving banks as well as the intermediary banks incurred will be borne by you.
An email and push notification will be sent to you once the withdrawal is completed.