As a regulated financial institution, Saxo continuously evaluates the services we offer and where we provide them. This evaluation builds on an ever-changing environment, where international and local rules and regulations drive increased complexity.
To provide the best client experiences and optimal service levels, while staying at the forefront of growing global trends, we focus on a risk-based approach when onboarding and servicing clients.
Onboarding private clients
Our Asset Managers can onboard clients from the countries mentioned here below.
If you are contracted to our Belgian entity, we can accept end clients residing in the following countries:
Belgium, Netherlands, Germany, Spain, France, Austria, Denmark, Ireland, Norway, Portugal, Sweden, Italy, Luxembourg, Czech Republic, Greece, Hungary, Monaco, Poland.
If you are contracted to our Dutch entity, we can accept end clients residing in the following countries:
Belgium, Netherlands, Germany, Spain, France, Austria, Denmark, Ireland, Norway, Portugal, Sweden, Italy, Luxembourg, Czech Republic, Greece, Hungary, Monaco, Poland.
Onboarding joint accounts
For joint accounts where the account holders have different residencies, both account holders must be a resident of one of the countries listed above.
Onboarding of corporate clients
Corporate clients that are contracted with our Belgian entity must be based in Belgium.
If you are contracted to our Dutch entity, we accept corporate clients from the following countries:
Belgium, Netherlands, Germany, Spain, France, Austria, Denmark, Ireland, Norway, Portugal, Sweden, Italy, Luxembourg.
We support clients with Dutch and Belgian ultimate beneficiary owners (UBOs) in the following countries:
Germany, Spain, France, Austria, Denmark, Ireland, Norway, Portugal, Sweden, Italy, Luxembourg.
The country of residence is a relevant criterion for corporations. Country of incorporation or license can influence our evaluation of residency, though this is usually determined by the company’s country of effective management.
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Disclaimer: This article is subject to change and only serves as guidance and is not a guarantee that we can onboard all clients from the mentioned countries. If you’re in doubt and need our latest onboarding policies, please contact our Onboarding Team by opening a case via SaxoPartnerConnect.