You can transfer Stocks/Bonds/Mutual Funds ("Securities") to and from Saxo Markets.
- SaxoTraderGO: click Portfolio transfer
- SaxoInvestor: click Portfolio transfer
Or,
- Go to the main menu > Deposits and transfer > Portfolio transfer > New transfer
To complete the transfer request you need to provide the following information:
- Whether you want to transfer in or out.
- Which Saxo account you intend to transfer the securities to/from.
- The broker details of the sending/receiving bank/broker.
- Which shares you intend to transfer (find them by searching in the search field).
- The quantity of securities and the price to be shown in the platform.
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Tip For transfers to Saxo Markets, we strongly recommend that you print, sign and send a scanned copy of the online request you made with Saxo Markets to the delivering bank or broker. |
Your broker may request some information of Saxo. Please first initiate the transfer on Saxo platform then export the transfer request you made. All the information of Saxo and your account with Saxo that your broker needs will be in it. Most likely you would need the following information:
- Saxo's full name (in Singapore): Saxo Capital Markets Pte Ltd
- Contact person: Stock Transfer
- Contact Phone Number: +91 (124) 4872374
- Contact Email address: bost-ssc@saxobank.com
- Your account number with Saxo: You will see the number at Account when you initiate the transfer on Saxo platform. Normally it starts with 33888. Please choose the right account when you have different currency accounts.
Please be aware:
- It is only possible to transfer Securities that are registered in the same name as the Saxo Markets account holder.
- Transferring Securities into Saxo Markets is subject to Saxo Markets offering the specific Security on its platform(s).
- Your bank or broker may ask you to place a similar request with them in order to accept a security transfer request from Saxo Markets.
*Note
For CDP transfers, you need to provide us the scan copy of the CDP form and a 12 digit number which always starts with 1681.
How long does it take to transfer my securities?
Once you have requested the Security transfer request online, please make sure to give authorization to your bank or broker and provide them with all necessary documents for the transfer, as the time to complete the process will vary depending on how quickly the counterpart responds and complies with Saxo's request. If there is no dependency on the counterpart or the custodian, the transfer usually takes 15 business days to complete.
What are the fees to transfer securities with Saxo?
If you need further assistance, please contact us.