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Investment TD Ameritrade Singapore, Withdrawal and Funding

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asil66
post Jul 17 2020, 06:51 PM

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Would like to ask, if I would like to transfer the cash in TDA account to another broker (in same currency), is there any transfer fees charged from TDA side? I couldn't find any information on that.
asil66
post Jul 20 2020, 10:06 AM

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QUOTE(dwRK @ Jul 18 2020, 12:31 AM)
$25 withdrawal fee
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I just received a reply from TD Ameritrade SG's customer service. It cost $75 to move funds!!! that's really expensive. Seems like the rates published for TD Ameritrade are for accounts sitting in US. Those accounts in SG are all charged much higher fees...
asil66
post Jul 20 2020, 01:12 PM

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QUOTE(dwRK @ Jul 20 2020, 10:38 AM)
wow... cut throat

I check their sg website... still says outgoing wire $25... the only $75 fee is for ACAT transfer... their cs sucks got confused?

I would print the website info, do a withdrawal and if charged $75, file complaint to MAS and sue their pants off... wink.gif
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Maybe from broker to broker is considered ACAT. Maybe wire transfer is oni for transfer into normal banking accounts.

 

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