facebookWhat is the best way to deposit funds into Syfe Cash+ accounts given they convert the deposits into USD? Using Syfe's internal rate or use Revolut to convert to USD before transferring to Syfe? - Seedly

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Anonymous

18 Jan 2021

Robo-Advisors

What is the best way to deposit funds into Syfe Cash+ accounts given they convert the deposits into USD? Using Syfe's internal rate or use Revolut to convert to USD before transferring to Syfe?

I'm planning to deposit funds into Syfe Cash+ but I'm unsure of whether their in-house SGD to USD conversion rate is better or whether I should convert SGD to USD using Revolut before directly transferring the USD into the Syfe+ account. Any experts able to weigh-in?

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