1. Share Transfer-Out Procedure
To initiate the transfer-out process, please follow the following steps:
1.1 Notify Longbridge by logging into the LB App > Portfolio > More > Share Transfer Out
1.2 Inform the receiving broker to accept the shares, and reach us via the below email address / contact number
| Broker Name | LONG BRIDGE SECURITIES PTE. LTD. |
| Contact Person | Settlement Department |
| Tel No. | (+65) 63303030 |
| backoffice@longbridge.sg |
1.3 Ensure that both the delivering and receiving brokers have acknowledged the instructions
2. Share Transfer-Out Fee Schedule
| Market | Transfer-out Fee* |
| US | 150 USD / Stock |
| HK | 500 HKD / Stock |
| SG | 150 SGD / Stock |
*The above fees are subject to the goods and services tax (GST) by the Singapore government (if applicable)
Note
- Only Non-Change in Beneficial Ownership (NCBO) transfers are supported. Transfers that involve a Change in Beneficial Ownership (CBO) are not accepted.
- Accounts on margin are not permitted to initiate a transfer-out request.
- Transfers are limited to US, HK, and SG stocks only.
- Under normal circumstances, once the request has been acknowledged by both the receiving and delivering brokers, the transfer is typically completed within 3-5 business days.
Disclosures
This article is for reference only and does not constitute any investment advice.
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- About
- About us
Registered with the Monetary Authority of Singapore (MAS), Long Bridge Securities Pte. Ltd. is a Capital Markets Services Licence holder and Exempt Financial Adviser (Licence No. CMS101211).
A licensed corporation recognized by the SFC (CE No. BPX066). Holder of License Types 1 (Dealing in Securities), 2 (Dealing in Futures Contracts), 4 (Advising on Securities) and 9 (Asset Management). Also a registered HKEX participant and HKSCC participant.
Long Bridge Securities LLCA broker dealer registered with the Securities and Exchange Commission (SEC)(CRD: 314519/SEC: 8-70711), a member of the Financial Industry Regulatory Authority (FINRA) and Securities Investor Protection Corporation (SIPC).
A New Zealand registered Financial Service Provider (FSP number: FSP600050), and is a member of the Financial Dispute Resolution Scheme, a New Zealand independent dispute resolution service provider.
Long Bridge Securities Pte. Ltd. (“Long Bridge Securities”) (UEN No.: 202111825D) is regulated by the Monetary Authority of Singapore and holds a Capital Markets Services Licence for dealing in capital markets products that are securities, collective investment schemes, and exchange-traded derivatives contracts, and is an Exempt Financial Adviser.
The information contained on this website is provided for general information and educational purposes only. It does not take into account your specific investment objectives, financial situation, or particular needs. The content on this website does not constitute financial advice, an investment recommendation, an offer, or a solicitation to buy or sell any financial product.
You should carefully consider the suitability of any investment in light of your own circumstances, including your investment objectives, financial situation, and risk tolerance. Where necessary, you should seek advice from an independent financial adviser under a separate engagement before making any investment decision.
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