Auto Transfer is a feature that allows funds to be automatically transferred between your Card Account and FSMOne Multi-Currency Cash Account (Investment Trust Account) when the feature is turned on, based on your selected settings as below:
Auto Transfer From | Descriptions |
iFAST Pay → FSMOne Multi-Currency Cash Account | Available balances in your Card Account will be automatically transferred into your FSMOne Multi-Currency Cash Account so that the idle balances can earn return. |
FSMOne Multi-Currency Cash Account → iFAST Pay | Available balances in your FSMOne Multi-Currency Cash Account will be automatically transferred into your Card Account to pay for your card transaction when there are insufficient balance in your Card Account at the time of payment. |
iFAST Pay ↔FSMOne Multi-Currency Cash Account | Your idle balances earn return, while any shortfall in your Card Account will be automatically covered when you make a payment. |