For USD-denominated portfolios like Core, Select, Cash+ Flexi USD portfolios, you can withdraw your funds in either SGD or USD. 

For SGD-denominated portfolios like Cash+ Flexi SGD, Cash+ Guaranteed or REIT+, you can only withdraw in SGD.

Bank charges 

If you are withdrawing to a Singaporean bank account, we would recommend choosing SGD to avoid any foreign exchange charges from your bank. 

Syfe uses a combination of banks such as DBS and HSBC for our operations. For USD withdrawals, USD transfers between Singapore banks may incur bank charges to be borne by you. These charges are at the full discretion of the banks and Syfe will not be able to advise the exact final amount prior to the actual transfer. Based on past instances, our estimate is each transfer is subject to at least US$50. 

Withdrawing funds into an overseas bank may also incur forex charges for currency conversion if your bank account’s currency and the currency you selected are different.