It is possible to transfer your stock portfolio to / from Saxo Bank from / to external bank or broker.
To request a stock transfer, go to Settings > Deposit and transfer > Security Transfer and go through steps required to complete the transfer.
Please be aware that it is only possible to transfer stocks that are registered in the same name as the Saxo Bank account holder.
Note: External bank or broker might ask you to place similar request with them in order to accept a stock transfer request from Saxo Bank.
Securities transfer costs:
Saxo Bank does not charge fees for incoming stock transfers.
For outgoing stock transfers Saxo Bank charges fees, based on the below fee schedule.
| Fee Type | Charges |
| DRS Fee | |
| US DRS stock transfers (Incoming/Outgoing) | USD 1000 |
| Canadian DRS stock transfers (Incoming/Outgoing) | CAD 1000 |
| Outgoing Stock Transfer Fee | |
| Danish Stocks | EUR 25 per ISIN (max EUR 100) |
| Other Stocks | EUR 50 per ISIN (max EUR 160) |
| Price Change Fee | USD 10 per line |
| Partial Allocation Fee | EUR 50 per ISIN |
| Realignment of Delisted Security | EUR 200 |
There are no costs involved when transferring Bonds out of Saxo.
How long does it take to transfer my securities?
Once you have requested the security transfer online, please make sure to give authorization to your bank and provide them with all necessary documents for the transfer as the actual time to complete the process will vary depending on the speed with which counterparty responds and complies with Saxo request.
For transfers to Saxo, we strongly recommend you to print, sign and send a scanned copy of the online request you have made with Saxo to the delivering counterparty.