New Feature: Transfer Funds Between Sub-Accounts Starting 9th December 2024, clients opening an ISA account will have the ability to transfer funds directly from their General Investment Account (GIA) to their ISA within the platform. To learn how to complete a sub-account transfer, follow this step-by-step guide. Important:
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ISA accounts with Saxo Markets can only be funded via a bank transfer. Debit card funding is not supported for ISA accounts. Below, we’ll guide you through the process step-by-step.
How do I fund my ISA account? (Bank Transfer)
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Log into Your Saxo Markets Account.
- Navigate to the "My Profile" section
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- Navigate to the "My Profile" section
- Click "Deposits Funds".
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Select Bank Transfer as the Funding Option.
- Choose your ISA account from the dropdown menu (e.g., "ISA – 76000/12345ISA") and note the account details displayed.
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Use Your Saxo Account ID as the Payment Reference.
- When making the transfer, ensure you include your Account ID (e.g., 76000/12345ISA) as the payment reference. Failure to do so could delay the processing of your funds.
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Set Up the Bank Transfer via Your Bank.
- Use the following bank details to transfer funds to your Saxo ISA account:
- Payee Name: Saxo Capital Markets UK Ltd
- Sort Code: 18-50-08
- Account Number: 13005828
- IBAN: GB62CITI18500813005828
- Bank Name: Citibank London, UK
- Use the following bank details to transfer funds to your Saxo ISA account:
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Wait for Confirmation.
- Transfers may take 0–5 working days to reflect in your account. Saxo will notify you once the funds are available.
Important notes:
Additional Help: For further guidance, follow the step-by-step guide or watch the video in the following article: How do I fund my account? |