Standchart eSaver

[Imhthc]

If i have $1k wealth holdings, will i still be charged fall below fees if i have less than 1k in esaver?

No fall below fee if u r a priority banking or priority private customer. With or without Wealth holdings will get charged for fall below fee.

 

[ericcsn]

If i have $1k wealth holdings, will i still be charged fall below fees if i have less than 1k in esaver?

If you are a priority banking member, fall below fees in esaver is waived
https://www.sc.com/sg/pricing-guide/#sc-lb-module-our-product-suite

 

[havetheveryfun]

Actually they have been paying way ahead of the date.

last time was first working day of the month.

 

[peppermint7]

I'm not priority. As HSBC EGA will not charge FBF so long i keep 2k wealth products with them. I am wondering if it works the same with StanChart Esaver. Seems like they work separately. I would still need keep 1k to prevent FBF. In this case i can just buy a cheap share to get pass it.

No fall below fee if u r a priority banking or priority private customer. With or without Wealth holdings will get charged for fall below fee.

If you are a priority banking member, fall below fees in esaver is waived
https://www.sc.com/sg/pricing-guide/#sc-lb-module-our-product-suite

 

[Imhthc]

last time was first working day of the month.

This time they added this wealth holdings criteria so they may need a longer time to assess. First working day of the month will not happen anymore.

 

[Listopad]

Any minimum amount for wealth holdings ?

 

[ahchan]

I have a SC invest account and keeping some shares in the account.
Is that consider as "wealth holding" for new promotion criteria for eSaver?

I tried to check with the CSO who does not know and said will ask my RM to contact me.
And as expected, no one call me for 2 days already...

 

[yslvlys]

I have a SC invest account and keeping some shares in the account.
Is that consider as "wealth holding" for new promotion criteria for eSaver?

I tried to check with the CSO who does not know and said will ask my RM to contact me.
And as expected, no one call me for 2 days already...

Seems like no one knows what constitutes Wealth Holding and nobody cares~

 

[havetheveryfun]

Seems like no one knows what constitutes Wealth Holding and nobody cares~

we will only know early next month when the interest comes in.

for CSO and RMs , of course they don't care.

 

[ahchan]

we will only know early next month when the interest comes in.

for CSO and RMs , of course they don't care

Since CSO and RM do not care (or rather they are also unclear...), I guess it is better to skip eSaver for now until more clarities in their definition of "wealth holding".

 

[havetheveryfun]

Since CSO and RM do not care (or rather they are also unclear...), I guess it is better to skip eSaver for now until more clarities in their definition of "wealth holding".

still a decent place to put for 2.15%

 

[Scuderia]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

 

[ThreeSteps]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

I remember there were some options to select i.e. which mkts, currencies when applying for new Trading a/c, and then the various Settlement a/cs (SGD, HKD, USD) were all created together with the Trading a/c.

I am not sure, but maybe you need to contact the bank for this question if your Trading a/c already exist. Or perhaps try to buy in a currency/mkt which you do not already have an existing suitable Settlement a/c to see if the system prompt you to open a new Settlement a/c.

 

[hwarzoner]

Trying to do some equities trading for the bonus interest, is there a way to open the securities settlement account using the SC app?

might need to go down to sign form for different foreign trading/settlement account. i only sign up for US trading so only US stocks. no UK stocks etc

 

[Scuderia]

might need to go down to sign form for different foreign trading/settlement account. i only sign up for US trading so only US stocks. no UK stocks etc

I have a 10 digit settlement account number. However, when I try to fast transfer to fund this account from my Esaver inside SC Mobile app, it says the account number is wrong.

 

[hwarzoner]

I have a 10 digit settlement account number. However, when I try to fast transfer to fund this account from my Esaver inside SC Mobile app, it says the account number is wrong.

if i buy sgx stock, from esaver i xfer to securities settlement account. if i buy usd stock i xfer to foreign currency usd settlement account.

the account number is fixed, might need to check with scb

 

[havetheveryfun]

I have a 10 digit settlement account number. However, when I try to fast transfer to fund this account from my Esaver inside SC Mobile app, it says the account number is wrong.

when u open ? sometimes need to wait like 3 working days before can use properly

 

[ThreeSteps]

I have a 10 digit settlement account number. However, when I try to fast transfer to fund this account from my Esaver inside SC Mobile app, it says the account number is wrong.

You should click on the settlement a/c & go into the a/c to see if the balance is 0. This will prove that it is a real a/c.
When you go to Pay & Transfer, and to transfer from e$aver a/c to settlement a/c, should select the option ‘Between My Accounts’. Do not select ‘Local Transfer’ (this is for transfer to another bank).

 

[peppermint7]

Need to wait few days before you can start trade. I also set up a day ago and called up asking why can't seems to trade. Cs says need to wait for email or sms to notify trading account opened then can trade. We can see various currency settlement account means it is successfully applied but formal trading need like 5 days she said

 

[peppermint7]

I have a joint account. As the tnc said higher interest only award to account where main acc holder is the one holding the wealth product. I ask if I'm the main but she can't reveal over the phone. This one need to personally visit branch to find out. In case anyone same as me forgot who is the main account holder.