There will be no bank charge or withdrawal fee for making a local AU$ withdrawal from Syfe. However, for the following type of withdrawals, there are bank charges and these will be borne by the customer:
- US$ Withdrawal To Local or Foreign Banks
- Withdrawal To Overseas Bank
There may be bank charges imposed by both the remitting and beneficiary banks. These charges are at the full discretion of the banks and will be borne by the customer. To avoid additional bank charges, customers may choose to convert their US$ to AU$ before submitting a withdrawal request in AU$ instead.
There are bank charges for withdrawals to overseas bank accounts which will be required to be borne by the customer.