- I've closed all holding positions. How can I withdraw the cash in my account?
- Why is the withdrawable cash in my account USD 0?
- How can I withdraw my funds if they are in USD and not AUD?
- What determines how much cash is available for withdrawal?
- Is there a minimum or maximum amount for funds withdrawal?
- How long does a withdrawal take for a Australian bank account?
- Can I change my bank account for withdrawal?
- Are there charges for making a withdrawal from Syfe?
- Can I make withdrawals over the weekend?
- Will I get notified if the withdrawal is unsuccessful?
- Where can I view transactions for fund transfers and withdrawals?
How can we help you invest better?
If you recently executed a sell trade, there is a 2 business days settlement period before you can withdraw funds. Once the settlement period is complete, a full withdrawable balance will be displayed. You can then submit a withdrawal request by logging in to your Syfe account.View more
This will happen if you have already withdrawn your balance. If you recently executed a sell trade, there is a 2 business days settlement period before you can withdraw funds. Once the 2-day settlement period is complete, your full withdrawable balance will be displayed.View more
You can withdraw funds in USD currency. While Syfe doesn't charge any fees, USD withdrawals will involve bank charges. Alternatively you may convert your funds from USD to AUD and withdraw. This will involve a currency conversion charge.View more
Your withdrawable balance is a combination of settled cash from sell orders and dividends, excluding cash that is required for corporate action elections. If you recently executed a sell trade, there is a 2 business days settlement period before you can withdraw funds.View more
Additionally, funds that have been recently transferred may be subject to a credit hold or withdrawal restriction.
Is there a minimum amount for funds withdrawal?View more
No, there is no minimum amount for funds withdrawal.
Is there a maximum amount for funds withdrawal?
No, there is no maximum limit to the amount that you can withdraw, as long as there is sufficient funds available in your account.
If you're making a withdrawal to an Australian bank, the credit to your account should be completed within 1 business day. Withdrawals initiated over the weekend will be processed by the end of the next business day.View more
Withdrawal in AUD to Local Bank Accounts
There will be no bank charge or withdrawal fee for making a local AUD withdrawal from Syfe. However, for the following type of withdrawals, there are bank charges and these will be borne by the customer:
Withdrawal in USD To Local Bank Accounts
- USD 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 USD to AUD before submitting a withdrawal request in AUD instead.Please note that there is a minimum amount of USD 100 for withdrawal requests in USD. Any USD withdrawal requests made that are less than the minimum amount will be automatically cancelled.Withdrawal To Overseas Bank AccountsView more
There are bank charges for withdrawals to overseas bank accounts which will be required to be borne by the customer.
In the event your withdrawal is unsuccessful due to circumstances such as bank account details mismatch, our Client Service team will reach out to you. You may also contact us directly at email@example.com.View more
You can check your transfer and withdrawal transactions in the transfer history section within your app, or your monthly statements.View more