facebookWhat is the best way to transfer USD from Saxo to DBS/Tiger brokers? - Seedly

Anonymous

20 Apr 2021

General Investing

What is the best way to transfer USD from Saxo to DBS/Tiger brokers?

Can anyone give me advice on the best way to transfer USD out of Saxo and into my DBS Multiplier account? Currently own some ETFs in USD and I have a USD sub account in Saxo. I want to transfer my positions to Tiger.

Is the best procedure to:
Sell -- USD sub account -- transfer USD to DBS -- transfer USD to Tiger?

Or should I transfer from USD to SGD in Saxo? Appreciate any help, thanks in advance!

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Saxo Markets

20 Apr 2021

When it comes to the transferring of shares, clients would have to instruct both parties to initiate the transfer.

After you have raised the request online, you may export a PDF of the request and give it to your current broker. Our share transfer team will contact your broker directly and provide them with the transfer details.

For more information, please refer to the link below:

https://www.help.saxo/hc/en-sg/articles/3600012...

If you wish to transfer your USD to your DBS multiplier account, you may add your DBS multiplier account as an account to withdraw to.

You may refer to the link below on the steps to add:

https://www.help.saxo/hc/en-sg/articles/3600012...

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