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In what currencies can I withdraw the funds from my Syfe portfolio?

Eliezer
  • Updated

For our USD denominated portfolios i.e. Syfe Core, you can withdraw your funds in either Singapore dollars (SGD) or United States dollars (USD).

If you are withdrawing to a Singaporean bank account, then we recommend choosing SGD to avoid any foreign exchange charges from your bank. For REIT+ portfolios, you can only withdraw in SGD.

For USD withdrawals, a transaction from our bank, DBS, to another DBS bank account in Singapore is currently free.

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.

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Pronounced as
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Why the name Syfe?
In Japanese, the word Saifu means wallet and to be closely associated with our most important attribute - which is the word safe

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