How to set up eGIRO FAST with your bank

Set up a direct debit to stay on track with your financial plans.

Direct debiting with eGIRO FAST is a fast, secure, and automated way to stick to your long-term financial plan. By investing regularly, you’ll be able to reduce the amount of volatility in your investment portfolio. Plus, it’s a proven way to build long-term wealth, and it often beats trying to time the markets!

Want to set it and forget it? Just follow our guide below for your respective bank. It’ll only take a few minutes!

• Set up eGiro on StashAway with DBS
• Set up eGiro on StashAway with OCBC
• Set up eGiro on StashAway with UOB

The following instructions are current as of May 2024 and are subject to change based on any design or operational changes that the respective bank might implement. 

Set up eGIRO FAST with DBS

1. Log into your StashAway app, then tap on “Deposit” on Home or Transfer.

2. Select “Linked bank account”

3. Type in the amount you’d like to deposit, then tap “Continue”.

4. Select the bank you’d like to use for your linked bank account, then tap “Continue to Bank Authentication”. You’ll then be redirected to your bank setup within the StashAway app.

5. Log into your bank account and fill in the required information under “Setup Arrangement”.

Select the bank account you’d like to use. Set a payment limit of 0 for maximum flexibility in your deposits.

6. Review the information, and select “Submit”. Continue to authenticate the request by following the instructions provided by your bank.

7. Select “Approve” to add StashAway (Asia Wealth Platform Pte Ltd) as a recipient for eGIRO. Then, select “Done” after successfully authorising the transaction.

8. Wait until your request has loaded. This might take a while, but make sure to stay on app the page. Once submitted, select “Log Out” to complete the setup.

9. You’ll automatically be brought back to the StashAway app. Make sure to stay on the app during this step. Then, tap “Continue”.

10. Review the deposit and tap on “Confirm”, and your funds will reach StashAway instantly! Then, we’ll allocate them into your investment portfolio.

Set up eGIRO FAST with OCBC

1. Log into your StashAway app, then tap on “Deposit” on Home or Transfer.

2. Select “Linked bank account”

3. Type in the amount you’d like to deposit, then tap “Continue”.

4. Select the bank you’d like to use for your linked bank account, then tap “Continue to Bank Authentication”. You’ll then be redirected to your bank setup within the StashAway app.

5. Wait to be redirected to OCBC, then log in.

6. Select “Confirm” and authorise the login via OCBC verification.

7. Once the transaction has been authorised, log in to your OCBC account again.

8. On the eGIRO details page, set up eGIRO by inputting the details like security limit and expiry date (both are optional).

On your OCBC app, “security limit” refers to the maximum amount that you allow StashAway to withdraw from your OCBC bank account. This isn’t the same amount as the transfer limit.

Let’s say you plan to deposit $500 SGD dollars into your General Investing portfolio every month for 6 months. Afterwards, you intend to increase your deposits to $700 SGD for another 6 months, and potentially increase it even more after a year. In this case, you could set your OCBC security limit to $1500 SGD to account for the changes you might make on your deposit plan in the future.

9. Select “Submit”.

10. Authorise the transaction by selecting “Confirm”.

11. You’ll automatically be brought back to the StashAway app. Make sure to stay on the app during this step. Then, tap “Continue”.

12. Review the deposit and tap on “Confirm”, and your funds will reach StashAway instantly! Then, we’ll allocate them into your investment portfolio.

Set up eGIRO FAST with UOB

1. Log into your StashAway app, then tap on “Deposit” on Home or Transfer.

2. Select “Linked bank account”.

3. Type in the amount you’d like to deposit, then tap “Continue”.

4. Select the bank you’d like to use for your linked bank account, then tap “Continue to Bank Authentication”. You’ll then be redirected to your bank setup within the StashAway app.

5. You will be redirected to UOB. Log into your UOB account.

6. Choose which account you would like to transfer funds from, input the security limit (optional), and select “Continue”.

On your UOB app, "security limit” refers to the maximum amount that you allow StashAway to withdraw from your UOB bank account. This isn’t the same amount as the transfer limit.

Let’s say you plan to deposit $500 SGD dollars into your General Investing portfolio every month for 6 months. Afterwards, you intend to increase your deposits to $700 SGD for another 6 months, and potentially increase it even more after a year. In this case, you could set your UOB security limit to $1500 SGD to account for the changes you might make on your deposit plan in the future.

7. Review the information, and select “Yes”.

8. Enter the digital token code to log into your UOB app and and click “Ok”.

9. You’ll automatically be brought back to the StashAway app. Make sure to stay on the app during this step. Then, tap “Continue”.

10. Review the deposit and tap on “Confirm”, and your funds will reach StashAway instantly! Then, we’ll allocate them into your investment portfolio.