Singapore Treasury bills (T-bills)

[badsector]

Final update from DBS regarding the $0.35 charge for t-bills and CPF.

1. All previous applications will be refunded the $0.35 within the month if it hasn't happened yet.

2. They will update the system to not deduct the $0.35 for t-bill applications, but this is going to take some time to implement. In the meantime, any t-bill applications before this update goes live will still have the extra $0.35 charge initially but will also get the refund within the month of application.

DBS CPFIS customers, please take note.

FYI
on my previous T-Bill.
DBS charge $2.70 but a few days later, i have a balance of $0.35 in my CPFIS account.

 

[Geralt]

FYI
on my previous T-Bill.
DBS charge $2.70 but a few days later, i have a balance of $0.35 in my CPFIS account.

Were you applying for this t-bill or getting a matured t-bill? Also, which day/month did you receive this $0.35?

 

[badsector]

Were you applying for this t-bill or getting a matured t-bill? Also, which day/month did you receive this $0.35?

i bought BS23106N

i couldn't find any transaction record.
think $0.35 reflected 2-3 days after issue date.

 

[Guojing88]

Anyone used UOB IA to purchase the previous T bill with CPF? Anything to expect for first timers?

 

[chopra]

Um if you have done it already then let us know how it goes - not sure whether the bank will amalgamate your t-bill applications like a broker would for stocks. They may charge you for the 2nd application, but the quarterly and redemption fee could be saved, since they are the same counter.

yep will do


Read HWZ Forum Rules!

 

[reddevil0728]

Anyone used UOB IA to purchase the previous T bill with CPF? Anything to expect for first timers?

take note of timing?

 

[Guojing88]

take note of timing?

As in if cash deadline is Wed, then CPF deadline is which day?

 

[reddevil0728]

As in if cash deadline is Wed, then CPF deadline is which day?

log in to ibanking to check.

 

[jtec14]

Anyone used UOB IA to purchase the previous T bill with CPF? Anything to expect for first timers?

Purchase through their internet banking? if yes, the platform wasn't ready for purchase via CPF yet for the previous t-bill.

 

[Guojing88]

Purchase through their internet banking? if yes, the platform wasn't ready for purchase via CPF yet for the previous t-bill.

So this coming T-bill will be the 1st for all of us who used UOB!

 

[reddevil0728]

So this coming T-bill will be the 1st for all of us who used UOB!

Got ppl who apply in person before

 

[gz0707]

So this coming T-bill will be the 1st for all of us who used UOB!

Been buying T bills using cash. First time using OA via DBS online. First dip in the waters to see how this works....

 

[reddevil0728]

Been buying T bills using cash. First time using OA via DBS online. First dip in the waters to see how this works....

how much did you apply?

 

[gz0707]

how much did you apply?

Just 10k. i'm just a noob using cpf funds to invest. I did notice the fee was $2.70 regardless of amount, 5k or 10k. if not wrong, the dateline is 12 pm today to use oa funds.

 

[reddevil0728]

Just 10k. i'm just a noob using cpf funds to invest. I did notice the fee was $2.70 regardless of amount, 5k or 10k. if not wrong, the dateline is 12 pm today to use oa funds.

deadline*

correct. so cannot apply too little

 

[gobin74]

So this coming T-bill will be the 1st for all of us who used UOB!

HI do let us know the experience of using tbill thru uob cpf plz

 

[jywy2005]

HI do let us know the experience of using tbill thru uob cpf plz

Easy Peasy. Just applied using IB. Usual method when buying T-bills using cash. Just another option to choose CPF funds.

 

[vsvs24]

Easy Peasy. Just applied using IB. Usual method when buying T-bills using cash. Just another option to choose CPF funds.

Can uob pull figure from CPF investible amount like OCBC ?

 

[jtec14]

Can uob pull figure from CPF investible amount like OCBC ?

You mean OCBC can pull how much you can use to invest from your CPF account?
I don't see that for UOB.

 

[reddevil0728]

You mean OCBC can pull how much you can use to invest from your CPF account?
I don't see that for UOB.

Not a deal breaker tbh