FAQs

How to withdraw funds from your trading account with Long Bridge Securities Pte. Ltd. ("LBS")?

Login to LBS App > "Portfolio" > "More" > "Withdrawal"

  1. Select Currency
  2. Select your beneficiary bank*
  3. Indicate the amount you intend to withdraw
  4. Submit the request and wait for the arrival of funds

 

Estimated arrival time and fees

Transfer to Singapore Banks

CurrencyWithdrawal AmountBeneficiary BankEstimated ArrivalLB Processing FeeEst Bank Charge
SGDUnder 200,000Singapore banks with FAST1 business dayFreeNo charge
Others1-3 business daysFreeNo charge
Over 200,000DBS/POSB Bank1-3 business daysFreeNo charge
Others1-3 business daysSGD 10 (Waived) Approx. SGD 10
USD/HKDAny AmountDBS/POSB Bank1-3 business daysFreeNo charge
Others1-3 business daysSGD 10 (Waived) Approx. USD 35-60 equivalent

Transfer to non-Singapore Banks

CurrencyWithdrawal AmountEstimated ArrivalLB Processing FeeEst Bank Charge
SGD/USD/HKDAny Amount1-3 business daysSGD 10 (Waived) 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 Funds cannot be withdrawn to other persons' bank accounts, third-party payment platforms or a joint bank account.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  • Only settled amounts can be withdrawn, and your net total cash balance must be greater than 0.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.