Share Dealing Platforms

[jimflan]

Ex UK resident, now dividing my time and interests between SG and Thailand. looking to move my shares portfolio from UK platform (shares are a mix of UK/European markets and Australian) to an offshore/Asian platform. Any recommendations ? Plus, will it be possible to do a cross-border portfolio transfer, or will I have to sell up and buy again ? 

 

 

[wordchild]

1) OCBC Securities (in Sing)  is a good option, direct market dealing for most major markets eg UK,US,Euro,Aus,HK, Sing and even Thai plus a number of other markets. I have also used Boom in HK and Asia Plus in Thailand, both of these also pretty good with a wide range of markets covered.

2) yes, you can do a crossborder single share or portfolio transfer, i have done this, myself, a number of times from UK to Sing , from Uk to Thai and from Thai to Sing. Once you have the account open just inform both sides what you wish to do, there will be a couple of forms to sign but it should be pretty straightforward.

 

Incidentally transferring a share portfolio or single company holding out of Thailand is a very simple way to get significant sums out of Thailand, (at least for a non-Thai), certainly much easier and less bureaucratic than transferring out large sums of cash. 

[jimflan]

Thanks a lot, very useful. What info do OCBC and Asia+ require to open an account and is it all online ?

 

[wordchild]

sorry, i am just not up to date on all that;  it is some years (5 plus) since i opened these accounts.

I dont remember any particular difficulty with  opening but the direction of travel is for all these things to have got more difficult in recent times.

Edited December 28, 2022 by wordchild