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Fees to transfer Saudi stocks to an outside brokerage:
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.