Give a share savings account as a gift

There is no cost to give your account as a gift, but please note that underlying prices for transferring shares apply.

See price list in markets for underlying prices

A share savings account is transferred with taxable continuity, which means that the tax position in the issuing share savings account is passed over to the receiving share savings account and is continued there. In other words, giving a share savings account as a gift does not trigger tax.

The authorities have decided that moving the Share savings account can take up to ten days. Due to high demand among providers in the market, this may take longer. You can also choose which date you want the Share savings account to be transferred, but no earlier than ten days from the current date.

As the transfer takes place between Share savings accounts in DNB, you will not be out of the market during the moving period. You will be able to see the holdings in your Share savings account until the transfer is made to the recipient’s Share savings account.

We recommend that you do not buy and sell shares or equity funds after you have ordered the transfer of a share savings account as a gift

As soon as the balance in the share savings account has been transferred to the gift recipient, the empty share savings account and associated savings scheme will be closed.

Savings schemes you have in your Share Savings Account to be given as a gift will be terminated. If the gift recipient wants to continue these after the Share savings account has been transferred to him or her, he or she must create these again. As soon as the Share savings account is transferred, the gift recipient will find it in the Share savings account overview. It will be easy to see which equity funds you have savings schemes for and easily create new or change existing savings schemes.