How do I transfer shares out of my account?

If you need to move your shares from your Longbridge account to a different financial institution or brokerage, please proceed with the following instructions. 

Step 1. Go to the Longbridge App > Portfolio > More > Share Transfer-Out.

Step 2.  Fill in the information of the receiving broker, including the account name and account number, and then tap on Next. Then, fill in the stock information and tap on Next.

Step 3. Submit the transfer-out request after confirming the transfer-out details, and it will indicate that your transfer-out request has been made successfully.

Step 4. You can view transfer records and details about the processing progress.

Long Bridge Transfer-out Information

Transfer out HK shares:

Transferring BrokerLong Bridge HK Limited
CCASS CodeB02195
ContactSettlement Team
Contact Number(+852) 3585 8944 / (+852) 3585 8915
Contact Emailsettlement@longbridge.hk

Transfer out US shares:

Transferring BrokerageLong Bridge HK Limited
DTC CodeDTC 0534
ContactSettlement Team
Contact Number(+852) 3585 8944 / (+852) 3585 8915
Contact Emailsettlement@longbridge.hk

Q1: How long will it take to complete the stock transfer-out?

It generally takes 5 to 10 business days to transfer out shares (the transfer time is for reference only and subject to the actual processing time of both brokers). Please be patient as both Longbridge Securities and the other broker will get in touch with each other to make sure there is no issue before the transfer of shares can start.

Q2: What are the charges for stock transfer-out?

Generally, the receiving broker waives transfer fees while the transferring broker charges them. Longbridge Securities charges HKD 500 per stock/transfer for transferring out HK stocks and USD 150 per stock/transfer for transferring out US stocks. (Please make sure your account has enough money to cover the transfer costs before starting the transfer.)

Notes

  1. A transfer request only supports transfers under the same name and stock beneficiary changes are not permitted.
  2. Your stock holdings need to be settled before you can submit a transfer-out request.

 

Disclosures

The screenshots above were contributed by users and are only for reference purposes.

The actual interface of the bank shall take precedence over any differences in the screenshot interface. Please confirm the filled-in information with the bank. Longbridge accepts no liability for any loss arising from this guideline. This guideline may contain links to third-party websites solely for the convenience of users. The Company is not liable for the content of any website that is linked to or from this website.

The Company makes no warranty (express or implied) as to the accuracy, legality, reliability, or validity of any content of any other website.

Was this helpful?