Syfe Hong Kong supports fund withdrawals in the following currencies:
- Hong Kong Dollar (HKD)
- United States Dollar (USD)
When submitting a withdrawal request, you can choose either HKD or USD, depending on your portfolio type. Please ensure the withdrawal currency matches the currency of your selected withdrawal bank account.
Things to Keep in Mind:
- Currency Matching: Ensure the withdrawal currency matches your bank account’s currency to avoid processing delays.
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Exchange Rates: If your portfolio is denominated in a different currency than your withdrawal request, Syfe will automatically convert the funds using prevailing market exchange rates at the time of transaction.
You can enjoy preferential currency conversion spreads of around 0.10%–0.13%, significantly lower than what retail would typically pay (around 0.3%–0.5%) when converting through banks. - Processing Time: Withdrawal timelines may vary depending on which portfolio you withdraw from. For the details on withdrawal timelines, refer to: How long does it take to withdraw funds from my Syfe portfolio?
- Bank Charges: While Syfe does not charge withdrawal fees, certain bank-related charges may apply—especially for RTGS transfers or USD withdrawals. These fees are imposed by our banking partners and will be borne by the customer. For information on fees, please refer to: Are there any fees for withdrawing funds?
