How do I draw a loan from my GXS FlexiLoan?

You can choose to transfer funds into a third-party bank account via PayNow held in your own name.

Before initiating a drawdown, you need to have a third-party bank account connected to your PayNow, via mobile and/or NRIC.

Here are the steps to do so:

1. Open your GXS app. On your GXS FlexiLoan home screen, tap on 'Borrow'.
2. Key in the amount you need.
3. Select your repayment period.
4. Name your loan (to indicate its purpose!).
5. Select where you’d like to transfer your loan to.
6. Review the transfer details and click 'Confirm & Borrow'.

Learn more on how to draw a loan here.