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FAQs

How to withdraw funds from your trading account with Long Bridge Securities Pte. Ltd. ("LBS")?

Login to LBS App - "Portfolio" - "More" - "Withdrawal"

  1. Select Currency
  2. Select your beneficiary bank*
  3. Indicate the amount you intent to withdraw
  4. Submit the request and wait for the arrival of funds

Estimated arrival time and fees

Transfer to Singapore Banks

CurrencyWithdrawal AmountBeneficiary BankEstimated ArrivalRemittance Fee
SGDUnder 200,000Singapore banks with FAST1 business dayFree
Others1-3 business daysApprox. 5 SGD (Waived)
Over 200,000DBS/POSB Bank1-3 business daysFree
Others1-3 business daysApprox. 30 SGD (Waived)
USD/HKDAny AmountDBS/POSB Bank1-3 business daysFree
Others1-3 business daysApprox. 40 SGD or equivalent (Waived)

Transfer to non-Singapore Banks

CurrencyWithdrawal AmountEstimated ArrivalRemittance Fee
SGD/USD/HKDAny Amount1-3 business daysApprox. 40 SGD or equivalent (Waived)

Notes:

  • Please transfer funds to a bank account in the same name as your LBS Account. Funds cannot be withdrawn to other persons' bank accounts, third-party payment platforms or a joint bank account.
  • LBS supports SGD, USD and HKD for withdrawal, please ensure the withdrawal currency are supported by your bank account.
  • If you do not have a verified bank account with LBS, please add one first before initiate a withdrawal.*
  • Only settled amount can be withdrawn and net total cash balance need to be greater than 0.
  • The remittance fee are subjected to change without prior notice.
  • If there is a charges levied by the remitting banks, receiving banks as well as the intermediary banks incurred will be borne by you.
  • An email and push notification will be sent to you once the withdrawal is completed.
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