Support Centre for Saxo Bank A/S

What are the costs of transferring cash?

Saxo does not charge any cash transfer fees. Both deposits and withdrawals are free of charge. 

You can view all cash transfers on your trading account in the "Account" tab under "Cash Transactions". 

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Intraday cash transactions which are yet to be booked to your account cash balance are reflected in the "Cash Transactions" report. 

Cash transactions received in previous days and booked to your account cash balance are reflected in the "Historic Cash Transactions" report. 

Saxo can and will only credit your account with the actual funds received on your behalf. Transfers are performed on a SHA basis, meaning that transfer charges should be fully covered by the sender. Thus, the only fees you are charged are those determined by your own bank.

Please contact your own bank if you are in doubt of the transfer costs that you will be charged.


 

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