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Old 14-07-2011, 02:37 PM   #146
limster
Supremacy Member
 
Join Date: Oct 2000
Posts: 8,006
no such fees at the moment.
which makes me wonder what their business model is. Since they are acting as custodian, they must incur compliance and admin fees.

Banks under the CPFIS scheme are also holding your CPF bought shares as custodian, and they need to charge custodian fees.

I hope its not a case of free first, then later charge fees.
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