Securities account transfer to Scalable Capital

Transfer single securities or an entire securities account to the Scalable Broker, easily and completely digitally.

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

Up to €2,500 bonus*

Transfer volume	From €10,000	From €20,000	From €50,000	From €100,000	From €500,000	From €1,000,000
Bonus	€25	€50	€125	€250	€1,250	€2,500

Start transfer

*Terms & Conditions apply

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 > Start transfer.

You can find detailed instructions in our blog article "How does a custody account transfer work?".

Don't have a securities account with us yet?

Simply open a free securities account and then transfer your securities to the Scalable Broker.

Frequently asked questions

How to transfer securities to the Scalable Broker?

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.

How long does a securities account transfer take?

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.

Which securities can be transferred?

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.

Why do all securities to be transferred have to be specified, even if a total transfer is started?

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.

Can foreign securities accounts be transferred?

Transfers from foreign securities accounts cannot be accepted.

Can joint or third-party securities accounts be transferred?

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.

Are loss or withholding tax pots taken over?

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.

Why is acquisition data not displayed correctly in the customer area after a securities account transfer?

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.

The acquisition values on the deposit receipt are not correct, what is the next procedure?

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.

How do I start a securities account transfer from the Scalable Broker to another broker?

An outgoing securities account transfer is submitted to Baader Bank via the receiving bank's form by email. Any fractional shares will not be transferred or automatically sold.

If you are submitting a custody account transfer including closing your account, we ask you to independently initiate the sale of any remaining fractional shares and to terminate your account after the securities have been derecognised. To terminate your account, click on "Profile" in the menu bar. In the submenu "Products", you can use the button "Cancel Broker" to initiate the cancellation. After successful termination, your available balance will be automatically transferred to your reference account.

You can enter the details of our custodian bank, Baader Bank, as the relinquishing bank:

Baader Bank AG
Weihenstephaner Str. 4
85716 Unterschleißheim
BLZ: 70033100
BIC: BDWBDEMMXXX

Please make sure that the number of securities you have indicated is available in the securities account. In case of a transfer from an individual securities account (Scalable Broker) to a joint securities account at the third-party bank, please make sure that the corresponding information is entered in the form (creditor change). Likewise, it must be ensured that the transmitted document is completely filled out, signed and write-protected (unchangeable/unwritable).

Can securities be sold during an outgoing securities account transfer?

Trading of the securities being transferred is not possible during a securities account transfer.

All FAQs

*Terms & Conditions

Scalable Broker clients may receive bonuses for incoming securities transfers subject to the following conditions:

Overview

Campaign period: from 16.08.2023, until 30.09.2023
During the campaign period, clients transfer securities to the Scalable Broker via the transfer function in the app or website (transfer instructions). The bonus entitlement is based on the volume of securities transferred to the Scalable Broker per quarter. The volume is calculated by multiplying the transferred securities by the valuation price determined by the custodian bank at the time of booking. The volume of securities transferred out of the Scalable Broker (or withdrawn sales proceeds, in the case of sales of transferred securities) in the current and preceding two quarters will be subtracted (collectively securities transfer).
The bonus entitlement is reduced accordingly if securities (or withdrawn sales proceeds, in the case of sales of transferred securities) are withdrawn within the two quarters following the securities transfer (loyalty period).
Participants in the campaign receive a bonus with a staggered amount (see table).
The bonus will be paid to the broker account (clearing account) within one calendar month after the end of the respective loyalty period. The payment of the bonus requires that the participants are still clients of the Scalable Broker at the time of payment.

If you do not wish to participate in this campaign, please notify us in advance (via the means of communication specified in the client documents).

Bonus

Securities Total Transfer Volume	Bonus
From EUR 10,000.00	EUR 25.00
From EUR 20,000.00	EUR 50.00
From EUR 50,000.00	EUR 125.00
From EUR 100,000.00	EUR 250.00
From EUR 500,000.00	EUR 1,250.00
From EUR 1,000,000.00	EUR 2,500.00

Further explanations and conditions

Participants: The bonus is non-transferable. Employees of Scalable Capital (and affiliated companies) or Baader Bank AG, and their dependents are excluded from participation. Prerequisite for a securities transfer to the Scalable Broker is a German IBAN of the originating custodian bank.
Reasons for exclusion: If (in Scalable Capital's reasonable discretion) there are justified reasons (e.g. manipulation, violations of the terms and conditions of participation, unfair trading, false or misleading information), Scalable Capital may exclude persons from the campaign and may not make any payments or may subsequently disallow or reclaim payments made and/or collect payments made from the relevant securities account. In this respect, Scalable Capital is entitled to instruct the custodian bank to make a corresponding payment and/or to make use of the SEPA direct debit mandate granted by the client to Scalable Capital for the satisfaction of remuneration claims. This comes into consideration in particular if securities account transfers are instructed with the recognizable goal of receiving the bonus - without the intention of also using the services of the Scalable Broker.
Taxes: For German tax residents, the bonus may be tax-free, provided that your Other Income according to § 22 No. 3 EStG (including this bonus) is less than EUR 256 in a calendar year. Scalable Capital does not provide tax advice. Please consult a tax advisor if you have any questions.
Liability and legal recourse: The liability regulations of the customer contract apply. Legal recourse is excluded.
Language: This English version of these terms and conditions is a non-binding convenience translation. For the avoidance of doubt, the terms and conditions in German alone shall prevail.

Sign up directly via the app

There are risks associated with investing. The value of your investment may fall or rise. Losses of the capital invested may occur. Past performance, simulations or forecasts are not a reliable indicator of future performance. Please refer to our risk information.

2.6% p.a. Interest. Interest for PRIME+. Cash account at Baader Bank AG. Variable rate up to €100,000. Learn more.