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?

Discussion (4)

What are your thoughts?

Syfe

Syfe

18 Jan 2021

Hi anon, as The Frugal Fox mentioned, we only accept SGD funds for Syfe Cash+.

Please contact our support team at [email protected] if you need any assistance depositing your funds!

Just deposit in sgd and let them convert for u. I think syfe only accept usd if it's 10k and above otherwise they will impose a charge because their broker charges them too.

Hey! I've asked their customer support this before - Syfe Cash+ only accepts SGD funds. They don't a...

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