Application for IBF Portal Log-in Account

Before you begin

Please read through the following carefully before completing the application

Section I. Things to note in application to open an IBF Portal Account

1.

The purpose of this application is for organisations to create a Corporate Login Account on the IBF Portal and for the organisation to authorise Management Representatives to manage the account.

2.

Only 1 account may be created per entity. The entity would be identified through the Unique Entity Number (“UEN”), which is the ACRA’s Registry of Companies (ROC) number of the entity.

3.

Management Representatives to be appointed for each application should be a member of the company’s management who is a department head or above.

4.

The Management Representatives are assigned with the following rights within the IBF Portal:

(i) Ability to verify and submit claims for grants, on behalf of your organisation to IBF;
(ii) Ability to create and manage organisation details (including bank account details);
(iii) Ability to appoint and remove module Administrators to manage the respective modules within the system;
(iv) Access to all system notifications between IBF and the Administrators.
5.

There should be 2 Management Representatives appointed at all times to ensure check and balance. The CEO may appoint himself as one of the Management Representative.

6.

This form has to be duly completed and officially signed off by the Chief Executive Officer (or equivalent) of the organisation, with the organisation stamp affixed.

7.

If your entity is using this account for the purpose of submitting company-sponsored claims, you will also be required to submit the Direct Credit Authorisation Giro form.

8.

For the application to be complete and valid, (i) details on this form has to be submitted online through the IBF website at www.ibf.org.sg and (ii) the original hardcopies of the duly signed Application for IBF Portal Log-in Account and Direct Credit Authorisation (DCA) forms (where applicable) have to be scanned and emailed to membership@ibf.org.sg

9.

Submission of the application form does not constitute a successful application. IBF will notify the CEO and the Management Representatives upon successful application and a link will be provided for the Management Representative to activate the account on behalf of the entity.

10.

The Applicant shall ensure that the documents and information submitted are true, accurate and complete. IBF may request for additional information to support its evaluation of the application.

Section II. Important Notice about IBF Membership (if you are applying for membership)

1.

Eligibility

IBF Membership is open to all MAS licensed financial institutions, industry associations and firms providing professional services to financial industry in Singapore.

2.

IBF Membership Fees

The IBF Annual membership fees will be determined by the staff strength of the applicant entity. IBF members are expected to declare and update their staff strength annually during membership renewal.

Tiers Staff Strength Annual Membership Fees
Tier 1A 1 – 20 S$ 100
Tier 1B 21 – 50 S$ 1,000
Tier 2 51 – 500 S$ 3,000
Tier 3 501 – 2000 S$ 5,000
Tier 4 2001 – 4000 S$ 6,000
Tier 5 >4000 S$ 8,000

Please note that annual membership fees are not be refundable.

IBF membership fees will prorated for the first year, based on the quarter that the IBF membership commences.

3.

Members’ Rights and Obligation

Every IBF Member shall have the right to attend and vote at the annual general meeting of IBF.

4.

Renewal of Membership

The IBF Annual membership will be due for payment between 1 Oct – 31 Dec every year. Membership benefits will cease if IBF does not receive the annual membership fees by 31 Dec.

5.

Membership Benefits

The IBF Membership comes with privileges and exclusive benefits for our services and offerings. More details can be found on IBF Website - Membership.

Please note that membership benefits are not transferable. IBF reserves the right to alter the IBF Membership benefits without prior notice. Please proceed to section 1 below to commence application for the IBF membership.

To apply for IBF Member now, please proceed to section 1 below.