Withdrawal of funds
SEPA : Saxo Bank (Switzerland) Ltd. is SEPA participant via euroSIC.
In order to withdraw funds from your Saxo Bank (Switzerland) Ltd. trading account, please complete the Withdrawal Form.
To process your request as soon as possible, it is necessary that the information submitted must be clearly legible and all mandatory fields completed. The form must be signed, dated and a scanned copy sent to Client Account Services via email to firstname.lastname@example.org or by mail to Saxo Bank (Switzerland) Ltd., attention “Client Account Services”.
Withdrawal requests are executed within two business days upon receipt. Please note any request received after 15.00 CET will be processed as if received on the next business day.
Saxo Bank (Switzerland) Ltd. accepts no liability caused by erroneous or inadequate information submitted by the client.
Clients must keep minimum cash balance of CHF 300 (or equivalent in other currencies) on their account to maintain a live account status. Attention is brought to that having a small cash amount (below the minimum cash balance of CHF 300) and not conducting any trading activities on an account may result in account closure.
Withdrawal Transfer charges
Withdrawal requests will incur a fee of CHF 20 / EUR 20 / USD 20 / GBP 20 (per currency).
Please note that a Saxo Bank (Switzerland) Ltd. trading account is not a retail or commercial bank account and therefore third party payments are not handled. All cash transactions must be routed to/from your personal account with other banks.