SG Daily Update - DBS sagat….

WWH123

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Ever since moi DBS RM was replaced, never meet-up liao.
Never answer new RM calls, WhatsApp.
No chance for her to sell anything.
Never had the need to go brick-and-mortar bank.
But got issue, email her.
 

Whimsica

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Playing with fire by uploading videos with the police officers esp those homing in on the officers' ID.

Got case no need to stir and make a nuisance of oneself and turn to social media.
 

semiret

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Never entertain those simi relationship manager lah. They only interested in earning their commissions and hits their kpi only. They're just like another insurance agent or salesman.
 

eAtNeAt

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DBS IT systems really poor. And no way to contact them if got issues
 

chech01

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No it's general knowledge - I am actually fairly confident that I am of average intellect and education.

Any time banks offer you returns of anything more than FD rates, even my mother who didn't finish primary school will have her doubts and ask her children first.


whether it is 1% or 10%, the risks need to be explained. This is what MAS is now putting in place. And by the way, this is not some shady service provider but the number 1 bank in Singapore.

Your mother would have sold her soul to them if they asked. Unless the prodigal smartass son has a better place to invest in. A place where they offer less than FD and also have the same risks. This way you can feel secure knowing that you did not fall for the high returns trick.

LMAO
 

twinbaby

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Fixed Coupon Notes (FCNs) from DBS can lead to a total loss. These equity-based structured products provide regular coupons but expose investors to the risk of receiving the worst-performing stock in a basket, which can drop to zero value on maturity if it falls below the strike price.

Key FeaturesFCNs involve a basket of equities with defined strike, knock-in, and knock-out levels. Investors receive coupons regardless of market direction, but at maturity, repayment depends on the least performing equity (LPE): full principal plus coupons if above strike, or physical delivery of the LPE shares (potentially worthless) if below.

This is one of the product from dbs
 

bugdog

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Why is everyone slamming this guy. Think there's a reason why he got so worked up. Rm, insurance agents sweet talk elderly and sell products so common
 

chech01

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Why is everyone slamming this guy. Think there's a reason why he got so worked up. Rm, insurance agents sweet talk elderly and sell products so common


because of the sinkie pwn sinkie mindset which is prevalent here
 

One Month Notice

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Fixed Coupon Notes (FCNs) from DBS can lead to a total loss. These equity-based structured products provide regular coupons but expose investors to the risk of receiving the worst-performing stock in a basket, which can drop to zero value on maturity if it falls below the strike price.

Key FeaturesFCNs involve a basket of equities with defined strike, knock-in, and knock-out levels. Investors receive coupons regardless of market direction, but at maturity, repayment depends on the least performing equity (LPE): full principal plus coupons if above strike, or physical delivery of the LPE shares (potentially worthless) if below.

This is one of the product from dbs

Eh worse case is getting the stocks at the lowest price if below strike. And its normally 2 stocks only.



The buyer ownself determine the stock and period why blame the bank? U know can say no right or chose the right stock?
 

Roundtreex

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DBS is singapore government bank. Forget about winning the fight lol
Stir also useless.
Dont make your greed problem to become my problem . If you not greedy, any god and devil cannot make you buy the product.
 

o0KelviN0o

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Fixed Coupon Notes (FCNs) from DBS can lead to a total loss. These equity-based structured products provide regular coupons but expose investors to the risk of receiving the worst-performing stock in a basket, which can drop to zero value on maturity if it falls below the strike price.

Key FeaturesFCNs involve a basket of equities with defined strike, knock-in, and knock-out levels. Investors receive coupons regardless of market direction, but at maturity, repayment depends on the least performing equity (LPE): full principal plus coupons if above strike, or physical delivery of the LPE shares (potentially worthless) if below.

This is one of the product from dbs

Poor understanding of product
 
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