How do I fund my account?

1. Credit or debit card

Note: There are restrictions regarding the countries we accept cards from, please read more here https://www.home.saxo/-/media/documents/payment-instructions/card-payments-info-for-faqs.pdf 

1. Choose the card type that you wish to use followed by the total amount you would like to transfer
2. Enter the following card information in the correct fields: card number, card owner’s name, expiry date, security code (cvv/cvc) and billing address. You can then complete the transfer by clicking on ‘Make Payment’.

2. Bank transfer

You will need your unique Saxo Bank account information in order to fund through a bank transfer. Please note that Saxo does not accept payments from accounts that are not on your name (3rd party payments).

1. Click on the box Funding Instructions
2. Select the currency for the transfer
3. Select the Saxo account ID you want to fund

The Funding instructions module will display all the information needed for a bank transfer:

• IBAN number
• Registration number (Transfers in DKK)
• Saxo SWIFT: SAXODKKKXXX
• Receiving bank information
• Intermediary bank information if required
• The account holder/receiver information is your full name and address.
  

Note: For transfers from Danish banks, do not use ‘Straksoverførsel’, as it will result in a declined transfer.

3. Securities transfer

To transfer your stock portfolio to Saxo and use it for collateral trading go through the five steps needed to complete the transfer as described here How do I request a securities transfer?

Please be aware that it is only possible to transfer stocks that are registered in the same name as the Saxo Bank account holder.

Note: Stock transfer can take some time to process, as the request needs to also be processed by your current portfolio holder when Saxo contacts them on your behalf.