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Standard Chartered - Only Online Trading in town with no minimum commission

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Old 29-11-2014, 02:08 PM   #2656
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Is my understanding correct, that every SCB users must pass CAR in order to use their platform, even if you only trade local shares/EIPs?
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Old 29-11-2014, 02:17 PM   #2657
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Is my understanding correct, that every SCB users must pass CAR in order to use their platform, even if you only trade local shares/EIPs?
From what I heard and this thread, it seems so.
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Old 29-11-2014, 03:06 PM   #2658
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Is my understanding correct, that every SCB users must pass CAR in order to use their platform, even if you only trade local shares/EIPs?
Correct, but there are some who don't need to pass car and yet able to open the account but 3 years later they will send u another car form to fill and review in.

I don't know what will happen or will u be able to sell your shares if 3 years later they send u a review and found that u are not qualify to use their platform so suggest is to just follow what people do here lah and close one eye
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Old 29-11-2014, 04:15 PM   #2659
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If u already using their platform for 3 yrs shuld have 6 trades le ba
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Old 29-11-2014, 05:27 PM   #2660
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when the platform first open last time no need do CAR. think was before lehman brother
I opened during that time but didnt use to trade at all. Then CAR comes.. now got account but cant trade cause did not do trading on other platforms before too
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Old 29-11-2014, 05:45 PM   #2661
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when the platform first open last time no need do CAR. think was before lehman brother
I opened during that time but didnt use to trade at all. Then CAR comes.. now got account but cant trade cause did not do trading on other platforms before too
Scb only started stock trading like 3 years ago
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Old 29-11-2014, 08:51 PM   #2662
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If u already using their platform for 3 yrs shuld have 6 trades le ba
Nope. It has to be 6 trades in SIPs.
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Old 29-11-2014, 09:03 PM   #2663
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hi anyone know for shares bought under SCB, where will the div goes to? till now have not rec my starhill div
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Old 29-11-2014, 11:05 PM   #2664
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hi anyone know for shares bought under SCB, where will the div goes to? till now have not rec my starhill div
1 dec den get.
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Old 30-11-2014, 07:00 AM   #2665
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Is my understanding correct, that every SCB users must pass CAR in order to use their platform, even if you only trade local shares/EIPs?
thought some already shared that you dont need to? just need to find the right rm to open the account for you
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Old 30-11-2014, 11:26 AM   #2666
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I read that ilp and unit trust are categorized under SIP... So means i qualify for 6trades if i do any one of them?

Will scb require the name of the counters traded or jus tick the box
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Old 01-12-2014, 12:28 PM   #2667
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Nope. It has to be 6 trades in SIPs.
sti etf, nikoam etf considered sip?
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Old 01-12-2014, 01:03 PM   #2668
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Their system is not sophiscated enough to set certain permissioning for specify clients who pass car and those who don't pass car especially since etf is considered as an unlisted sip

Or maybe you can feedback to Scb, and tell them to remove totally etf and only allow shares to be purchased?

SIPs include:
On SGX securities market
-Certain Exchange-traded funds (ETFs) and notes (ETNs)
-Futures (extended settlement contracts)
-Structured warrants
-Certificates
-Callable bull / bear contracts (not available on SGX yet)

Got trade "certain" unit trusts/ or buy ILPs also can clear

Investing in Specified Investment Products - MoneySENSE

Dunno how it is specifcially classified though. But if last time kanna buy insurance agent buy unit trusts or ILPs also counts
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Old 02-12-2014, 05:38 PM   #2669
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I received an SMS (December 1) from Standard Chartered that I was mailed a Customer Account Review renewal letter. I am overseas at the moment so I cannot check.

Can someone advise, is this the letter? https://www.sc.com/sg/_pdf/Y13318%20257992%20AppF.pdf

When is the deadline to submit?

Thx
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Old 02-12-2014, 05:49 PM   #2670
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I received an SMS (December 1) from Standard Chartered that I was mailed a Customer Account Review renewal letter. I am overseas at the moment so I cannot check.

Can someone advise, is this the letter? https://www.sc.com/sg/_pdf/Y13318%20257992%20AppF.pdf

When is the deadline to submit?

Thx
No, this is not the form they sent. The one they sent is similar but does not ask for the details of the 6 trades made. I'm not too sure when the deadline is but my guess is different people different deadline since their initial pass date will be different.

I mailed back my review form about 2 weeks back and received a letter saying I have passed the review so I guess all is good! Only weird thing is that they attached another review form to the letter but I'm just gonna ignore that
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