How To Make Recurring Deposits to Your Coinhako Account (DBS)

How To Make Recurring Deposits to Your Coinhako Account (DBS)

DBS INSTRUCTIONS

This article will discuss the process of setting up a recurring deposit with DBS.


1. Log in to Digibank Online with your User ID and PIN.

2. To make your recurring deposit, be sure to add Coinhako as a recipient. If you haven't already, see the instructions below.
  1. Click on ‘Transfer’ > ‘Add New DBS or POSB Recipient’

  1. Account information can be found on your Coinhako account via ‘Superwallet’ > Select SGD > Select ‘Deposit’ > Select ‘FAST’ 

**Please note that some banks may have character limits for recipient names. If you encounter an error, please check with your bank directly.

3. Once you've added Coinhako as a recipient, set up your recurring deposit by going to 'Transfer' > 'More Transfer Services' > 'Set Up Standing Instruction'.



4. Under ‘To’ section
  1. Select DBS/POSB Bank and on the drop down, select the coinhako account you just added as a payee earlier
  2. Next, complete the following information:
  3. Name: Hako Technology Pte. Ltd.
  4. Reference: Add your deposit code xxx 
Note: Deposit code can be found in SGD Deposit via FAST page: Select SGD ‘Deposit’ on Superwallet page > ‘FAST’ > Deposit Code should be found on the account details. 



5. Under ‘From’ section, select your debiting account



6. Under ‘Standing Instructions’ section, indicate the details of your standing transfer:
  1. Payment Amount
  2. First Payment Date
  3. Payment Frequency (Monthly, Quarterly, Half-Yearly, or Yearly)
  4. Last Payment Date & Amount (if any)


7. Click ‘Next’ to view the details, followed by ‘Submit’ to complete the set up of your Standing Instruction.

For more details, visit DBS funds transfer FAQ here.

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