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Old 07-11-2019, 06:23 PM   #1
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DBS Digiportfolio

Anyone successfully invested in the global portfolio?

I just checked with dbs and it seems that investing with this is quite a hassle and turn off

1) Have to open e multi currency account
2) Need to have $3000 min average balance otherwise service fee is $7.50/mth
3) Min average balance has to be placed in that account... Its not a combined average balance across dbs accounts (based on what CSO stated)
4) For those using revolut to exchange, may incur incoming transfer fee of $10? Transferwise seems to mitigate the fee

Does anyone have experience with this multi currency account? Do they really charge the fall below fee? Your help is much appreciated
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Old 07-11-2019, 08:29 PM   #2
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Anyone successfully invested in the global portfolio?

I just checked with dbs and it seems that investing with this is quite a hassle and turn off

1) Have to open e multi currency account
2) Need to have $3000 min average balance otherwise service fee is $7.50/mth
3) Min average balance has to be placed in that account... Its not a combined average balance across dbs accounts (based on what CSO stated)
4) For those using revolut to exchange, may incur incoming transfer fee of $10? Transferwise seems to mitigate the fee

Does anyone have experience with this multi currency account? Do they really charge the fall below fee? Your help is much appreciated
Multicurrency / multiplier account fall below fees are waived if you have an active digiportfolio.
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Old 08-11-2019, 01:36 AM   #3
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Multicurrency / multiplier account fall below fees are waived if you have an active digiportfolio.
Hi thank u for ur reply. Where did u get this info? Can't find it on their website
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Old 08-11-2019, 04:33 AM   #4
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I dun get it
You’re using the DBS MCA liao, why do you still use Revolut/transferwise? Their rates are better than the DBS MCA???
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Old 08-11-2019, 04:46 AM   #5
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I dun get it
You’re using the DBS MCA liao, why do you still use Revolut/transferwise? Their rates are better than the DBS MCA???
Yes their rate better
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Old 08-11-2019, 07:02 AM   #6
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Hi thank u for ur reply. Where did u get this info? Can't find it on their website
From both their FAQ document (in ibanking) and dbs facebook group, the burrow.

Fyi, if you have dbs vickers acct, multicurrency acct fall below fees are waived already.

Last edited by intime; 08-11-2019 at 07:04 AM..
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