Your SGPMX account is treated like any other asset you may have (i.e. bank account, properties, etc). Thus, in the event of your demise we will allow the account to be transferred according to your wishes as stated on your Last Will and Testament. Your next of kin will be given the authority to operate your account once we receive the relevant documentation.
Alternatively, you may consider one of the following methods which enables you to appoint an additional person to have access to your account with immediate effect yet providing you control at the same time:
Alternative 1
Convert your existing SGPMX account from a Personal Account to a Joint Account, where you may include your beneficiary now as a Joint Account holder.
Alternative 2
Convert your existing SGPMX account from a Personal Account to a Corporate/Trust, where you may include your beneficiary now as a Joint Account holder.
Kindly contact us at customerservice@sgpmx.com if you would like to convert your account.