What does a stock transfer out cost?

Fees to transfer Saudi stocks and US stocks to an outside brokerage:

  • Saudi stocks

The cost of transferring Saudi stocks out from Sahm is consistent with Edaa. Details are as follows: 

Service Type

Charge 

Transfer-out of Saudi stocks

Stock transfer in the same account: SAR 20/trade for the same stock*

Stock transfer among family members: SAR 50/trade for the same stock*

Value-Added Tax (VAT)

SA stock transfer out charges * 15% 

*Note: Regardless of how many shares of that stock are transferred out.

  • US stocks

Fees to transfer U.S. stocks to an outside brokerage are as follows:

Service Type

Charge

Transfer-out of DTC

US$150/trade for the same stock*

 

*Note: Regardless of how many shares of that stock are transferred out.

  • DTC is the acronym for The Depository Trust Company, which is one of the world's largest securities depositories.
  • A 15% VAT will be applied to the fees generated from U.S. stocks transfer-out. 
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