Your withdrawable balance includes unused transferred funds, settled cash from sell orders, and dividends. Bonuses credited by Syfe are not included in this balance.
Settlement Period (After Selling Investments)
After selling your holdings, funds will only become available for withdrawal once they are fully settled. Settlement times vary by market:
- SG Market & HK Market: Funds settle in 2 business days.
- US Market: Funds settle in 1 business day.
Note: Weekends and public holidays are not business days.
| Market | Settlement Time |
|---|---|
| SG Market | T+2 business days |
| HK Market | T+2 business days |
| US Market | T+1 business day |
Example: If you sell SG shares on Friday, your funds will be available for withdrawal by the end of Tuesday. You can view your order history via Menu > Orders (Brokerage) > Past.
Steps to Withdraw Funds from Brokerage account
- Go to Menu > Funds (Brokerage) > Withdraw Funds.
- Enter your withdrawal amount and submit your request.
- Funds typically reach your bank by the next business day.
To convert funds from USD to SGD
Need to convert your funds?
- Go to Menu > Funds (Brokerage) > Convert Currency
- Select your currency pair (e.g. USD to SGD)
- Complete the conversion
Is there a minimum amount for fund withdrawals?
SGD Withdrawals:
There is no minimum amount required. You can withdraw any amount to your local bank account in SGD.
USD Withdrawals:
There is a minimum withdrawal amount of USD 100.
Is there a maximum amount for fund withdrawals?
No, there is no maximum limit to how much you can withdraw from your account.
Note: All monetary values are rounded up to 2 decimal places during processing.
