SGFinDex on DBS digiWealth: bring all your finances into one place

Your Initial Consent Period​
Your consent period will last for one year from the time your first consent was provided to any participating entity to provide your data through SGFinDex, even if you later provide consents to other participating entities within such one-year period. This is assuming you do not request to retrieve your data from any participating entity from 6th November 2023 and before the end of such one-year period.​

For example, if you had provided your first consent to Bank A to provide your data through SGFinDex on 6th November 2023, and subsequently had provided consent to Bank B on 1st January 2024, both consents (i.e., consents to Bank A and B) will expire on 5th November 2024 (i.e. one year from 6th November 2023), assuming you did not request to retrieve your data from any participating entity before 5th November 2024.​

​Activity-Based Consent Renewal​
From 6th November 2023, if you request to retrieve your data within the one-year period from the time your first consent was provided, your consent period will be automatically extended to expire one year after the date of such request from any financial institution whose system supports such extension.​

​Continuing from the first example above, if you request to retrieve your data from any participating entity at any time between 6th November 2023 and 5th November 2024 (e.g. on 15th November 2023), both consents (i.e., consents to Bank A and B) will be automatically extended for an additional one year from 15th November 2023 and will expire on 14th November 2024.​

In general, month-end balances or statement balances of bank and SGX CDP accounts are updated on SGFinDex one working day after the close of a month.​ For example:

• 1st Jan 2021 is a public holiday and 2nd, and 3rd Jan 2021 is the weekend. Month-end bank and SGX CDP data as of end-Dec 2020 will be updated by 4th Jan 2021, 2359 hrs.​
• 1st Feb 2021 is a weekday. The data as of end-Jan 2021 for banks and SGX CDP data will be updated by 1st Feb 2021, 2359 hrs.​

​For insurance data, the policy details from HSBC Life are updated daily. Month-end policy details from all other insurers would be updated on SGFinDex by the 7th day (inclusive of weekend and public holiday) after the close of a month. However, this may be subject to certain exceptions (e.g., delay in data being refreshed).​

​For data via Myinfo, the following applies: The CPF and HDB data retrieved via SGFinDex is the same as what you see when you log in to the CPF and HDB websites, respectively.​

The IRAS NOA displayed is the latest available NOA. If your last NOA is the NOA for 2019 (for work done in 2018), the data that will be released will be from your NOA for 2019.​

No, you’ll only be able to view your information pulled from other institutions. You won’t be able to perform any transactions nor manage your accounts.​

Data will be shared through SGFinDex only with your consent. Specifically, your consent will be needed (a) for data contributors (i.e., banks, SGX CDP and insurers) and Government agencies (via Myinfo) to release data via SGFinDex and (b) for the participating financial planning applications/websites, e.g. digiWealth, to retrieve data via SGFinDex.​

​Your financial and account information is encrypted and is not visible to SGFinDex. SGFinDex cannot read and will not store your financial data.​

​Your information can only be retrieved upon your instruction to do so. When you retrieve your information from other financial institutions through digiWealth, your DBS financial information will NOT be automatically shared with other institutions in return.​

​SGFinDex does not store or have access to your financial information.​

Please refer to our article here.​