Payment Modes


How is payment through GIRO done?

The majority of SFA’s customers use GIRO for recurring bills such as for payment of permit fees and renewal of licence fees.


Current Arrangement 

From 26 June 2023 onwards

TradeNet Permit fees


Permit fees are consolidated and deducted every Friday.

Fee will be deducted 2 working days after the permit is approved in TradeNet. For example, a TradeNet permit approved on Monday will be deducted via GIRO on Wednesday.

Licence fees

Fee will be deducted on a Friday and within 21 days before the licence expiry date.

Fee will be deducted approximately 21 days before the licence expiry date.

Other fees

Invoice dated to the current week's Tuesday is deducted on the current week Friday or according to contractual terms.

Fee will be deducted on the invoice due date, or the next working day.

SFA will cease the issuance of monthly GIRO e-statements from June 2023.

Please note that the GIRO deduction e-advice will be sent to you one working day before the date of deduction. The e-advices will be sent to the primary email that is maintained in our records. Please click here or contact us at to provide or update us the email address.


How do I apply for GIRO arrangement?

If you do not have an existing GIRO arrangement with SFA, you need to submit a new GIRO application form. Please use other payment modes to make payment as it takes time for the GIRO application to be approved.

For GIRO arrangement using DBS/POSB bank accounts (Not applicable for Corporate bank account)
If you have an internet banking account with DBS/POSB, you can submit the application online directly to the bank through internet banking. Please indicate your SFA customer reference number (UEN/NRIC/FIN) under the [Bill Reference] field when applying for GIRO arrangement. 

GIRO application submitted via Internet banking will take an average of 5 working days to process. You will receive an email notification of the approved GIRO application from SFA.

Please refer to Q1 of the Payment FAQs and Guides on GIRO application via Internet Banking
For GIRO arrangement using bank accounts other than with DBS/POSB.

Please note that the GIRO application form will be processed by the respective banks and this may take 4-6 weeks before SFA can do the GIRO deduction from your bank account.

You are required to complete the form and mail it to SFA. Please refer to Q2 of the Payment FAQs and Guides on how to complete the GIRO application form


Making changes to your GIRO bank account

Change in bank account
Submit a new GIRO application form to SFA if you are using a different bank account for your existing GIRO Arrangement.

Please note that the GIRO application form will be processed by the respective banks and this may take 4-6 weeks before SFA can deduct from your GIRO account.

Termination of GIRO arrangement
Contact your bank directly if you wish to discontinue your GIRO arrangement with SFA and settle any outstanding invoice immediately to avoid late payment charges.

You may also terminate your GIRO arrangement via your internet banking account if you are using your POSB/DBS personal bank as the debiting account.