Unfortunately, if you opt to transfer USD to Syfe, you will need to pay for wire transfer fees – levied by your bank (even if your bank tells you there are no costs, occasionally when the funds reach us, the costs of the transfer are billed to Syfe due to intermediaries facilitating the transfer from your bank to our bank)
You may expect an upwards of 50 USD for any USD amounts transferred to Syfe. Hence, we recommend clients to transfer funds in SGD to Syfe to avoid any bank charges.