When transferring an entire portfolio to Saxo Bank, the opening prices displayed on the platform for your transferred securities will correspond to the price on the day the securities were finally transferred to your Saxo account. This is standard practice, as Saxo Bank does not receive information about the original opening prices of the securities from the sending financial institution when transferring a portfolio to Saxo Bank
The opening prices displayed on the platform for your transferred securities have no tax implications, and a change in these opening prices will only affect the information presented on the platform.
If you wish to change your opening prices, please fill out this Excel file to request a change of opening prices, and send it via email to our stock transfers team at BOST-SSC@saxobank.com. You can find a guide on how to fill out this Excel file below.
Please note:
- Saxo Bank charges a fee of USD 10 per ISIN for changes to opening prices.
- The estimated processing time for changes to opening prices is up to 7 days.
- It is only possible to change the opening prices of securities transferred to Saxo Bank, but not those traded on your Saxo Bank account.
How to fill out the Excel file for changing opening prices:
- Saxo ID: Here you should provide your Saxo ID.
- Account: Here you should provide the account number of the Saxo account where the relevant security is located. An example of an account number on a Saxo account is 123456INET.
- Quantity: Here you should specify the quantity of the relevant security.
- Ticker Code: Here you should provide the ticker code for the relevant security. It is important to write the ticker code of the security and not the name or ISIN code of the security. You can find the ticker code for the relevant security in your position details. You can read more about how to find your position details.
- Current Price: Here you should specify the current opening price of the security on the platform.
- New Price: Here you should enter the new opening price to which the current opening price should be updated.