Securities account transfer to Scalable Capital
Transfer single securities or an entire securities account to the Scalable Broker, easily and completely digitally.
If you did not yet provide your tax identification number, it may take a few days before the securities account transfer is available for you.
Advantages of a securities account transfer
All securities in one place |
No fees apply |
Total or partial transfer |
Digital process without paperwork |
Facilitates the preparation of the tax return |
This is how the securities account transfer works
Simply log in to the Scalable app or on the web and directly start the securities account transfer under Profile > Products > Securities transfer. Here you can also check the status of your transfer after submitting it.
You can find detailed instructions in our blog article "How does a custody account transfer work?".
Would you prefer to transfer your security account to Scalable Wealth, our wealth management offering? You can find all information here.
Frequently asked questions
You can conveniently initiate the securities transfer via your personal Scalable customer area. A single or total transfer can be started under "Profile" in the "Products" tab. Securities account transfers initiated by your house bank cannot be accepted.
You can find detailed instructions in our blog post.
Please note that a securities account transfer is a complex process in which several parties are involved and the securities to be transferred may have different depositories. As a result, the transfer may take a few weeks.
Only securities that are tradable in the Scalable Broker can be transferred. Also, only whole shares of securities can be transferred, not fractional securities. Employee shares, life insurances and derivatives are excluded from the transfer.
To ensure that all securities to be transferred are also tradable in the Scalable Broker, you specify all positions individually. This also applies if you intend to transfer your entire securities account. Securities that are not specified are excluded from the transfer and remain in the selling securities account.
Transfers from foreign securities accounts cannot be accepted.
The transferring securities account have to be in your name. An incoming transfer from a joint or third-party securities account (creditor change) is not possible.
Loss and/or withholding tax pots can only be transferred in the event of a complete securities account transfer (total transfer). The transferring bank can only transfer the loss offset pot if all the assets in it are transferred or sold. Please also pay attention to fractions in the relinquishing securities account.
The display of the acquisition data, according to the deposit documents, may be delayed by a few bank working days after the deposit. In the case of a securities account transfer, all acquisition prices and tax-relevant data are supplied by the transferring bank. These will be accepted and deposited by our custodian bank. Should you sell a transferred security, everything will be taxed correctly.
All acquisition values are delivered by the delivering bank to our custodian bank. You can find the delivered data in the deposit receipts in your mailbox. If the data on the receipts is not correct, please contact the delivering bank in this regard.
Trading of the securities being transferred is not possible during a securities account transfer.