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Anonymous

07 Apr 2021

General Investing

What is the best way to fund GBP into Saxo Market GBP Account?

I have GBP in my DBS MCA and was wondering if anyone can confirm the fees charged by DBS/intermediary banks for the transfer.

I have contacted Saxo Markets and they have confirmed that there will be no fees charged by saxo for the transfer but still unsure about the fees by DBS/intermediary banks. Would appreciate any advice/clarification!

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Saxo Markets

07 Apr 2021

While we are unable to advise on your bank’s/intermediary charges,

the best practice will be to first ensure you have the correct funding details before initiating a transfer with your bank.

This will help reduce the risk of errors and potentially a return of funds, which will be more costly to you.

https://www.home.saxo/en-sg/legal/funding-instr...

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