A Client Money Account (CMA) is an account opened by a financial intermediary firm to hold money that belongs to its clients. In compliance with the MAS regulatory requirement, Smartfuding have created a Client Money Account (CMA) with DBS bank for monies transferred by our Investors and Borrowers. 

Having a CMA account effectively ensures that the Investors’ monies are always kept separately from the operational accounts of SmartFunding and provides an additional layer of security to Investors.

If SmartFunding must cease its operations, monies held in the CMA account will not be liable for any payments owed by SmartFunding. This also ensures that deposits made by Investors to their Investor Wallet (that are not yet invested), can be safely withdrawn to their preferred bank account at their own discretion.

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