As part of the Securities and Futures Commission’s requirements on account opening and client onboarding approaches, we are required to verify your identity through an initial funding amount of not less than HK$10,000 (or approximately, USD 1,300) bank transfer from your bank account, in order to open a Syfe account for you. After account opening, there is no minimum sum required for Cash+.

You can fund and withdraw your funds in either Hong Kong dollars (HKD) or United States dollars (USD).

For HKD, as of now, there are no charges for both funding and withdrawals to a Hong Kong bank account.

For USD,
Funding and withdrawals done through an HSBC bank account in Hong Kong is currently free.
Funds made from a non-HSBC bank may be subject to a bank fee.
If you withdraw funds to a non-HSBC bank account and the transaction is processed through the local clearing platform in Hong Kong (CHATS), you may be charged HKD 55 by HSBC for the outgoing payment via RTGS. This charge is at the discretion of HSBC and is subject to change in the future. As the customer, you will be responsible for paying this fee.