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

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Old 06-03-2015, 09:28 AM   #3571
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I remember on some thread, someone advised that you can direct TT USD into the US FCY SSA from DBS MCA. Thus, you can skip step 2 and 3. Just TT the USD back to DBS multicurrency account perhaps? Not sure how to do that though.
In fact, marc cheng on this thread, just the last 2 page describe this thing. He checked and it worked.
Believe if you TT USD out of StanChart, they will charge some fee for the TT as well as on the notional transferred. Anyone about to confirm?
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Old 06-03-2015, 09:38 AM   #3572
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today down again.
cannot trade
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Old 06-03-2015, 09:43 AM   #3573
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Scb down until what time ah? Anyone knows?
Is it down officially ?
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Old 06-03-2015, 09:45 AM   #3574
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Is it down officially ?
I press online trading then they show the usual error message. The please wait while we restore service stuff
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Old 06-03-2015, 10:08 AM   #3575
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I press online trading then they show the usual error message. The please wait while we restore service stuff
Ah well, like the mrt - only less frequent in breakdown! Hopefully will be restored soon. All said and done thankful for one discounted brokerage for retail.
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Old 06-03-2015, 10:13 AM   #3576
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So, I have sorted out how to get the transfer done at a cost effective manner after visiting SCB earlier in the morning and then calling DBS.

USD from DBS to SCB USD FCY SSA
1. Outward TT from DBS to SCB FCY SSA. DBS CSO confirms TT free.
2. SCB will then charge inward TT of SGD 10 equivalent.

USD from USD FCY SSA to DBS
1. Outward TT at 1/8% comms
2. DBS will then charge Inward TT at SGD 10 equivalent.

SCB SSA - don't accept cashier orders, only TTs or transfers to/from SCB savings/current accounts.
To flikmy
Here's your TT fees answer. marc cheng tested. Thank to him.
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Old 06-03-2015, 10:54 AM   #3577
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Any update ar?
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Old 06-03-2015, 11:17 AM   #3578
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still down zzz
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Old 06-03-2015, 11:30 AM   #3579
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Any update ar?
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Wah, platform can go down during trading hours.
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Old 06-03-2015, 11:39 AM   #3580
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cannot trade. even scb trading platform also got post-cny blues.
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Old 06-03-2015, 11:59 AM   #3581
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Wah, platform can go down during trading hours.
Not the first time....
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Old 06-03-2015, 01:58 PM   #3582
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think today no need to do anything here already....
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Old 06-03-2015, 02:15 PM   #3583
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This is why you can't use scb for quick bucks. The system is down at least 3-4 times a year.
Buy the steady counters which you can sleep on. Whether the system is up or down, you also won't worry.
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Old 06-03-2015, 04:45 PM   #3584
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Anyone experienced this before??

I transferred $500 to my securities account... but right now I wanna execute a buy in, it says that my purchasing power is only $66.77..
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Old 06-03-2015, 04:52 PM   #3585
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Anyone experienced this before??

I transferred $500 to my securities account... but right now I wanna execute a buy in, it says that my purchasing power is only $66.77..
Woah, never happened to me before and I traded hundreds of times, you sure it's the correct currency you transferred into?
Local one is SSA, don't have the FCY.
Also, scb online trading is down right?
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