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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"
- Select Currency
- Select your beneficiary bank*
- Indicate the amount you intend to withdraw
- Submit the request and wait for the arrival of funds
Estimated arrival time and fees
Transfer to Singapore Banks
| Currency | Withdrawal Amount | Beneficiary Bank | Estimated Arrival | LB Processing Fee | Est Bank Charge |
|---|---|---|---|---|---|
| SGD | Under 200,000 | Singapore banks with FAST | 1 business day | Free | No charge |
| Others | 1-3 business days | Free | No charge | ||
| Over 200,000 | DBS/POSB Bank | 1-3 business days | Free | No charge | |
| Others | 1-3 business days | Approx. SGD 10 | |||
| USD/HKD | Any Amount | DBS/POSB Bank | 1-3 business days | Free | No charge |
| Others | 1-3 business days | Approx. USD 35-60 equivalent |
Transfer to non-Singapore Banks
| Currency | Withdrawal Amount | Estimated Arrival | LB Processing Fee | Est Bank Charge |
|---|---|---|---|---|
| SGD/USD/HKD | Any Amount | 1-3 business days | Approx. USD 35-60 equivalent |
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 Funds cannot be withdrawn to other persons' bank accounts, third-party payment platforms or a joint bank account.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 withdrawals. Please ensure that your bank supports the withdrawal currency.
- If you do not have a verified bank account with LBS, please add one first before initiating a withdrawal.*
- Only settled amounts can be withdrawn, and your net total cash balance must be greater than 0.
- Remittance fees are subject to change without prior notice.
- You will be responsible for any charges imposed by the remitting banks, receiving banks and intermediary banks.
- An email and push notification will be sent to you once the withdrawal is complete.