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Old 05-02-2015, 12:46 PM   #3409
Verbatin
Senior Member
 
Join Date: Apr 2008
Posts: 1,205
there is a mthy servicing charges if u have a USD account with SCB. i think
need to maintain a cert XXX amount than will waive.

u save from forex conversion but u have to pay the mthly servicing fee

anyone trading US stocks using SCB? As far as i understand, commission is low, but the Forex spread is high?

Also, instead of using their forex spread, could you go to any moneychanger to change your SGD to USD and then deposit into your security settlement acct?
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