DBS Treasures benefit?

Danger21

Arch-Supremacy Member
Joined
Nov 20, 2007
Messages
15,290
Reaction score
3
Does anyone have contact for rm?

Sent from Samsung SM-A515F using GAGT
 

frozenkid

Senior Member
Joined
Feb 3, 2007
Messages
1,218
Reaction score
1
So doesn’t matter about gender ma unless sexist ah?

Bro don't try to be funny la. Have already stated above.. Point is - pretty vase is useless if there is no utility.

As a client, I think we just want things to move and things being done.

If you got any recommendations I will be most appreciative else don't disturb :s12:
 
Last edited:

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,040
Reaction score
20
Hello All,

For DBS treasures usually, the transfer-in counters from SGX CDP will take how long? Is it very much dependent on the diligence of the RM?

If anybody has a reliable male DbsT RM to recommend please pm me.

Would like to have a switch.

Thanks!

No need to switch actually, you are expected to DIY most of the time from next year onward
 

chrisloh65

Senior Member
Joined
Jun 29, 2019
Messages
2,242
Reaction score
259
Why transfer in to DBS Treasures to incur custodian fees?

Furthermore DBS Treasures like very stingy on benefits, can't really see any good benefits they provide to DBS Treasures clients.

Hello All,

For DBS treasures usually, the transfer-in counters from SGX CDP will take how long? Is it very much dependent on the diligence of the RM?

If anybody has a reliable male DbsT RM to recommend please pm me.

Would like to have a switch.

Thanks!
 
Last edited:

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,040
Reaction score
20
Why transfer in to DBS Treasures to incur custodian fees?

Furthermore DBS Treasures like very stingy on benefits, can't really see any good benefits they provide to DBS Treasures clients.

Sgx share has no custodian fee
 

zhiming1

Senior Member
Joined
Jul 20, 2003
Messages
661
Reaction score
90
Sgx share has no custodian fee

There is really no benefit unless you want to try your luck on structured products, unit trust. All of which earn good commission for the RM so you can see what it is for u.
 

tesarise

Senior Member
Joined
Jun 8, 2019
Messages
849
Reaction score
126
There is really no benefit unless you want to try your luck on structured products, unit trust. All of which earn good commission for the RM so you can see what it is for u.

0.12% comms + 0 min comms for buying and selling on SGX is quite a good benefit for trading no?
 

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,040
Reaction score
20
There is really no benefit unless you want to try your luck on structured products, unit trust. All of which earn good commission for the RM so you can see what it is for u.

Wait for the announcement on the change next year first
 

kokjj87

Supremacy Member
Joined
Mar 30, 2008
Messages
9,395
Reaction score
625
So far I don’t see any benefits other than the lounge and Ang Bao. Would only make the customer as the carrot for RM to chop.
 

streetfighter

Member
Joined
Feb 27, 2020
Messages
379
Reaction score
25
Other brokers also provide without need to pay custody fee & invest >$350k + some others provide free airport lounge access & free limousine airport transfer.

0.12% comms + 0 min comms for buying and selling on SGX is quite a good benefit for trading no?
 

htngwilliam

Supremacy Member
Joined
Dec 31, 2004
Messages
8,712
Reaction score
4
Change like no custody fee? Better benefits? Will these last since they keep flip-flopping to cream off their clients?

If they charge custodian fees for sgx, it is no different from shafting a flag pole in their own ****. I feel likely they can close down DBS treasures trading platform. Who pays custodian fees for sgx stocks.

Sometimes I feel these incumbent banks are brainless. Just charge a $50 nominal per year, ppl will still pay. I strongly believe the amount earned from real transactions is far higher than the custodian amount. I have some friends who translated $200-300k worth of shares per year. But they move the money around fast. Imagine how much banks can earn from transactions. Instead, some become lazy and just wants to earn easy $$$
 

htngwilliam

Supremacy Member
Joined
Dec 31, 2004
Messages
8,712
Reaction score
4
Other brokers also provide without need to pay custody fee & invest >$350k + some others provide free airport lounge access & free limousine airport transfer.

Which brokerage gives foc airport lounges and free limousine? 2021 is pointless but 2022 I will move my $$ over
 

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,040
Reaction score
20
So far I don’t see any benefits other than the lounge and Ang Bao. Would only make the customer as the carrot for RM to chop.

Changes will come soon, just a few weeks more, accredited investors will be the carrot soon
 

Sinkie

Greater Supremacy Member
Joined
Jan 20, 2009
Messages
86,040
Reaction score
20
Come next year let’s see who still using treasures here
 

streetfighter

Member
Joined
Feb 27, 2020
Messages
379
Reaction score
25
OCBC now has free Visa Infinite card that comes with 2x free airport lounge access pa if you join OCBC Premier.
SCB also has free airport lounge access that comes with free Visa infinite for first 2 years if you join Priority banking. Heard + free limousine only if you join Priority Private.

Which brokerage gives foc airport lounges and free limousine? 2021 is pointless but 2022 I will move my $$ over
 
Last edited:

htngwilliam

Supremacy Member
Joined
Dec 31, 2004
Messages
8,712
Reaction score
4
I have ocbc. But they don’t have a trading platform like DBS treasures. Your $$ in can only do funds etc. Not much value
 

streetfighter

Member
Joined
Feb 27, 2020
Messages
379
Reaction score
25
When you use DBST, you are really using DBS Vickers trading platform, just that DBST consider these stks as AUM, OCBC don't. For OCBC but you trade through OCBC Securities.

I have ocbc. But they don’t have a trading platform like DBS treasures. Your $$ in can only do funds etc. Not much value
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top