:

Are there fees for making a withdrawal?

Syfe does not charge any fees for withdrawing, adding, or transferring funds between your portfolios.

Our pricing model includes only a flat management fee (ranging from 0.1% to 0.65% per annum, based on your total invested amount and portfolio type), which is calculated daily and deducted monthly. There are no additional transaction, sales, or hidden charges from Syfe.

For more information, please refer to : How are fees calculated?

 

Bank Charges

HKD Withdrawals:

  • No additional fees are typically applied for HKD withdrawals to a local Hong Kong bank account.
  • However, for withdrawals exceeding HKD 1 million, the transfer is processed via Real-Time Gross Settlement (RTGS), which may incur a fee of HKD 55 from our banking partner. This fee is borne by the customer.

 

USD Withdrawals:

  • To HSBC Bank Accounts in Hong Kong: No fees are charged by Syfe and generally no fees by HSBC for USD withdrawals to an HSBC bank account in Hong Kong.
  • To Non-HSBC Bank Accounts: If the withdrawal is processed through the local clearing platform in Hong Kong (CHATS) via Real-Time Gross Settlement (RTGS), HSBC may charge a fee of HKD 55 for the outgoing payment. This fee is determined by HSBC and is subject to change. Customers are responsible for covering this fee.