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Old 24-03-2015, 05:26 PM   #3654
1000miles
Junior Member
 
Join Date: Dec 2007
Posts: 16
Has anyone over here transferred his/her shares from OCBC Blue Chip Investment Plan (BCIP) to SCB online equity trading account?

I intend to do so and wondering if anyone can guide me.

From what I see on OCBC's website, I just need to go OCBC branch with my NRIC and my SCB account details to do the transfer and the cost is $10.70 per counter. Just wondering if I left anything out.
Hi,

If the cost to sell share in OCBC (0.30% of the total sales proceeds or S$5 per counter, whichever is higher) plus the sale charge of ~0.25% of buying in SCB is lower than 10.70, don't go for transfer. It adds cost to you.

Sell it get the cash and buy in SCB.
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