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Anonymous

20 Apr 2021

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General Investing

What is the cheapest way to transfer USD from OCBC to Saxo?

I have a forex account with OCBC where I keep USD currency. When I try to transfer it directly to my Saxo USD sub-account, there is a $15 transfer fee imposed by OCBC. Is it cheaper for me to use Transferwise instead?

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Saxo Markets

20 Apr 2021

You may find it convenient to create a SGD sub account and transferring funds to USD sub account (at a currency conversion fee of +/- 0.3%)

Deposit and Transfer Sub-account transfer

https://www.home.saxo/en-sg/rates-and-condition...

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