Recently, Charles Schwab has decided to leave Singapore for good.

Over the next few months, Charles Schwab Singapore will cease to provide services and will close its office in Singapore. Here is what you need to do.

Your Next Steps

As soon as possible, you should transfer your assets held at Charles Schwab Singapore to another financial services firm. Alternatively, you may close or sell your positions held at Charles Schwab Singapore and make a full cash withdrawal. 

Important Dates Today: You should promptly begin the process of selecting a new provider and take the appropriate steps outlined below. As of U.S. market close on 1st November 2019: Charles Schwab will no longer accept new trade orders to establish positions or deposits. However, you may still place liquidating orders to close positions. As noted above, you should open an account with another financial services firm and transfer your assets to that account. Beginning 31st December 2019: For any