Withdrawal of funds
Payments and Third-Party Payments
Please note that your Saxo Bank (Schweiz) AG trading account is not intended as a current account and therefore cannot be used for daily payment transactions.
Since April 1st 2017, no third-party payments will be executed. Therefore, please make sure all your payments are made to / from your personal account.
Payment orders are executed within two working days after receipt of the order. Orders that arrive after 14.00h (local time) will be treated as if they had arrived the next day.
Minimum Cash Balance
We would like to point out that you must have a minimum balance of CHF 300 (or equivalent in another currency) in your account to ensure that your account remains active. If the cash balance is below the minimum of CHF 300 and you are not exercising any trading activity on your account, this may result in your account being closed.
Kindly be aware of an inactivity fee on the amount of CHF 89 – or the equivalent amount in the account currency - will be charged where the client does not execute any trades on his/her account for a period of 3 month (90 days after last trading date).