You can easily track your cash transfers to and from your Saxo account.
This article covers the following topics:
Money sent from your Saxo account (Withdrawal)
1. Go to the menu > Deposits & transfers > Recent transfers, or click here if you are using SaxoTrader or here if you are using SaxoInvestor to trace deposits and withdrawals.
2. You can track what happened to a transfer that has arrived at Saxo over the SWIFT (MT103) network by clicking on the link on the transfer:
Money sent to your Saxo account (Deposit)
You can also track incoming payments in certain countries if you get the SWIFT UETR code from your bank, by clicking on the 'track an incoming payment' link:
1. Go to the menu > Deposits & transfers > Recent transfers, or click here, to trace deposits and withdrawals.
2. Click on the link "click here"
3. Get the UETR from your bank.
If you do not find any details here, please reach out to the bank you transferred from.
Potential Rejection Reasons
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In case of rejection of withdrawals, please contact your beneficiary bank. |
Deposits can be rejected by Saxo due to multiple reasons. Some of the common reasons are:
Account Restrictions
If your account is restricted due to missing client information, it may affect how you can use our services in the future ultimately putting your account on reduced exposure (this means that you will be unable to add funds to your account or open new positions)
To check if your account information is updated, please check status under:
Go to the menu > Update your personal information > Update account details.
Possible Third-party transfer
Saxo does not accept payments from accounts or cards that are not in your name (3rd party payments).
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Note: Any payments made by a third party will be returned to the source card or bank account. |
Aktiesparekonto: Danish Stock Savings Account
This account is available only for Danish residents. Please check yearly limits and terms and conditions of your Aktiesparekonto
Unidentified Account
Example: Missing Names, Client IDs on the transaction