Holding Money

Updated by Ashwini

Holding Money Basics

Is my money safeguarded in Sleek Business Account?
Yes. Sleek holds a payment license that allows us to handle payments on clients’ behalf, and is regulated by the Monetary Authority of Singapore (Licence No. PS20200521). Your funds are safeguarded by our partners such as DBS Bank. You can refer to this link here.
Is there a minimum deposit?
No, there is no minimum deposit required.
Is there a minimum balance?
No, there is no minimum balance required.
Is there a fall below fee?
No, there is no fall below fee.
How much SGD can I hold in my Sleek Business Account?
There is no limit on how much SGD you can hold with us.
Which currencies can I hold in my Sleek Business Account?
You may hold up to 12 different currencies as listed below:
SGD
USD
EUR
GBP
AUD
NZD
HKD
CAD
CHF
JPY
NOK
SEK
Where can I be able to view my account balance?
In the Sleek Portal, head to the Business Account tab, and the balance can be found by clicking your Virtual Account number.
What is my virtual corporate debit card limit?
There is a limit of SGD 20,000.00 per single transaction for your virtual corporate debit card.

Adding Money To Your Balance

How do I add money to my balance?
You may add money to your balance via a bank transfer. See here on how to retrieve your Sleek Business Account details.
How do I convert between different currencies?
You may refer to this guide to perform inter-wallet conversions from your Sleek Business Account.

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