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

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Old 23-03-2015, 10:12 AM   #3646
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another qn: is it possible to add an additional name to the current trading account?
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Old 23-03-2015, 10:24 AM   #3647
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any idea on how to transfer shares from cdp to scb?
Go down to any SCB branch and do it. Need to get stock code and ISIN number, which you can get easily by going to SGX website -> company information -> company announcements -> find the company/security name -> click on any announcement -> in the new window, the Securities row has the information. For example, SingTel:






another qn: is it possible to add an additional name to the current trading account?
Not sure, can't help you there.
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Old 23-03-2015, 10:27 AM   #3648
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another qn: is it possible to add an additional name to the current trading account?
open a new joint bank acct?
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Old 23-03-2015, 12:00 PM   #3649
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If I open a new joint account, can all the existing shares be transferred over to the new joint account?

I will be going down to a branch soon, but good to know some in advance first lol
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Old 23-03-2015, 07:12 PM   #3650
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If I'm not there will be charges involve to transfer your shares from single name to joint name account
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Old 24-03-2015, 01:11 PM   #3651
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If you want to transfer share from single to joint or joint to single. I recommend you sell and buy, SCB charges you for transferring when there increase/decrease in ownership

This is what I do to transfer by selling and buying.

With no minimum commission, that the best way to do.
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Old 24-03-2015, 01:46 PM   #3652
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any idea on how to transfer shares from cdp to scb?
You have to go down to one of SCB branches to fill up a couple of forms to transfer the shares from CDP to SCB.
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Old 24-03-2015, 01:49 PM   #3653
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Has anyone over here transferred his/her shares from OCBC Blue Chip Investment Plan (BCIP) to SCB online equity trading account?

I intend to do so and wondering if anyone can guide me.

From what I see on OCBC's website, I just need to go OCBC branch with my NRIC and my SCB account details to do the transfer and the cost is $10.70 per counter. Just wondering if I left anything out.
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Old 24-03-2015, 05:26 PM   #3654
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Has anyone over here transferred his/her shares from OCBC Blue Chip Investment Plan (BCIP) to SCB online equity trading account?

I intend to do so and wondering if anyone can guide me.

From what I see on OCBC's website, I just need to go OCBC branch with my NRIC and my SCB account details to do the transfer and the cost is $10.70 per counter. Just wondering if I left anything out.
Hi,

If the cost to sell share in OCBC (0.30% of the total sales proceeds or S$5 per counter, whichever is higher) plus the sale charge of ~0.25% of buying in SCB is lower than 10.70, don't go for transfer. It adds cost to you.

Sell it get the cash and buy in SCB.
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Old 26-03-2015, 04:50 PM   #3655
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Anybody tried trading using mobile? i used Dolphin app and set desktop view, but the site still in mobile view
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Old 27-03-2015, 09:10 AM   #3656
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I'm on iOS. Can use Google chrome app. Install liao then when you visit the webpage, click the top right hand button (setting) and click "request for desktop" site.

Learnt from other guys here but this thread is really long so..
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Old 27-03-2015, 09:19 AM   #3657
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Anybody tried trading using mobile? i used Dolphin app and set desktop view, but the site still in mobile view
Go to Google search page in desktop mode type in scb ibanking it will redirect you to the page.

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Old 27-03-2015, 09:49 AM   #3658
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Hi,

If the cost to sell share in OCBC (0.30% of the total sales proceeds or S$5 per counter, whichever is higher) plus the sale charge of ~0.25% of buying in SCB is lower than 10.70, don't go for transfer. It adds cost to you.

Sell it get the cash and buy in SCB.
I did & it took abt 3 mths just to trf 1 counter. Be wary of the form filling exercise as most counter staff in Ocbc & Scb seem very unfamiliar with the whole process.

Also, be prepared to go a few times if there are errors. Do it if you hv the patience & can not in hurry to sell that share.
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Old 27-03-2015, 10:13 AM   #3659
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I did & it took abt 3 mths just to trf 1 counter. Be wary of the form filling exercise as most counter staff in Ocbc & Scb seem very unfamiliar with the whole process.

Also, be prepared to go a few times if there are errors. Do it if you hv the patience & can not in hurry to sell that share.
I've checked with SCB, the CSO told me over phone that I just need to go to SCB office and sign the transfer forms.

I believe OCBC will charge $10.70 to transfer out the shares. Do you happen to know whether CDP will charge a fee to transfer from CDP to SCB?
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Old 27-03-2015, 10:52 AM   #3660
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I've checked with SCB, the CSO told me over phone that I just need to go to SCB office and sign the transfer forms.

I believe OCBC will charge $10.70 to transfer out the shares. Do you happen to know whether CDP will charge a fee to transfer from CDP to SCB?
Last time I did this, it came up to $50 per counter.
Best to ask OCBC about the charges. SCB as far as I remember didn't charge anything.
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