The limit amount for quick withdrawals / internal transfers is up to 90% of portfolio value or SGD 10,000, whichever is lower.

This limit includes any pending withdrawal or internal transfer that is still in progress. Once the ongoing quick withdrawal or internal transfer has been processed completely, the limit will be updated to either 90% of your portfolio value or SGD 10,000 whichever is lower.

Example:

Jane has $5,000 invested in her Cash+ portfolio and had requested a quick withdrawal of $1,000 to her bank account. While this request is being processed, she intends to submit a separate quick internal transfer request from the same Cash+ portfolio to her REIT+ portfolio.

Scenario A: If the quick withdrawal of $1000 is completed that means the ‘portfolio value’ taken is $4000, not $5000. The limit would be 90% x ($5000-$1000) = $3600

Scenario B:
If the quick withdrawal is not completed that means the ‘portfolio value’ taken is not $4000, but still $5000. The limit would be $5000 x 90% - $1000 (that is in progress) = $3500

Learn more about quick withdrawal/internal transfer limits here: I have already received my funds in my bank account / other Syfe portfolio, why is my quick withdrawal / internal transfer limit still lower than it is supposed to be?