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

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Old 19-05-2015, 01:35 AM   #3841
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hi all noob question here.

basically if i were to hold a US stock with option to receive dividends in the form of stock dividend/scrip dividend, am i able to have this choice if i purchase through SCB? How do i choose this on the trading platform
They would send you a letter and a sms whenever you have dividends coming and ask if you want cash or shares. You need to call them back after receiving the letter/sms to tell them your decision.
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Old 19-05-2015, 02:44 PM   #3842
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Delisted Stocks

Does anyone know how SCB treats stocks in your portfolio that get delisted?
Does ownership automatically transfer to you or do they still manage it?
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Old 20-05-2015, 10:11 AM   #3843
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Another Q: r we able to see counter parties when we purchase counters from SCB?
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Old 20-05-2015, 10:14 AM   #3844
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Does anyone know how SCB treats stocks in your portfolio that get delisted?
Does ownership automatically transfer to you or do they still manage it?
I think in theory it should transfer to you, but best to call and check.

Another Q: r we able to see counter parties when we purchase counters from SCB?
No. 10 char.
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Old 20-05-2015, 10:17 AM   #3845
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hi all noob question here.

basically if i were to hold a US stock with option to receive dividends in the form of stock dividend/scrip dividend, am i able to have this choice if i purchase through SCB? How do i choose this on the trading platform
Yes, but don't rely on the letters, as they are subject to the speed of the postal service. Better to be proactive and call back when they SMS you with the corporate action details for the counter you're holding, otherwise, by the time you receive the letter, it's too late to choose.
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Old 29-05-2015, 09:51 PM   #3846
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How long did you guys wait for your trading account to be opened, from the date of application at their branch till the date you receive your account information by mail?
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Old 29-05-2015, 09:57 PM   #3847
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Mine took 2 weeks due to some missing papers and stuff.
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Old 29-05-2015, 10:06 PM   #3848
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Mine took 2 weeks due to some missing papers and stuff.
which branch did you go to?
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Old 29-05-2015, 10:42 PM   #3849
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which branch did you go to?
Nex at serangoon.
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Old 29-05-2015, 10:47 PM   #3850
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Nex at serangoon.
What's the min age? 18 or 21?
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Old 29-05-2015, 10:53 PM   #3851
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What's the min age? 18 or 21?
Eligibility: Minimum 21 years old and existing customer(s) of Standard Chartered Bank (Singapore) Limited

Look at the FAQ and the application form for all your answers.
https://www.sc.com/sg/ways-to-bank/online-trading.html
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Old 29-05-2015, 10:54 PM   #3852
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Eligibility: Minimum 21 years old and existing customer(s) of Standard Chartered Bank (Singapore) Limited

Look at the FAQ and the application form for all your answers.
https://www.sc.com/sg/ways-to-bank/online-trading.html
ahh i see. guess i got to wait till 21 then. I'm 20 this year.
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Old 29-05-2015, 10:58 PM   #3853
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ahh i see. guess i got to wait till 21 then. I'm 20 this year.
Take your time, you are young. Don't need to rush in. The overall market is high anyway. 1 year browsing all the threads here should help you tremendously, also look at trading with rayner on the moneymind thread and look at bloggers like dividends warrior, ak's A Singaporean Stockmarket Investor (ASSI) blog, investmentmoats blog etc...

Tons to learn from them.
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Old 29-05-2015, 11:11 PM   #3854
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Take your time, you are young. Don't need to rush in. The overall market is high anyway. 1 year browsing all the threads here should help you tremendously, also look at trading with rayner on the moneymind thread and look at bloggers like dividends warrior, ak's A Singaporean Stockmarket Investor (ASSI) blog, investmentmoats blog etc...

Tons to learn from them.
will do. thanks for the advice..
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Old 30-05-2015, 01:01 AM   #3855
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Hi does any1 know if its possible to access online trading via mobile? I login-ed via breeze and although i can see my deposits and transfer money, there is no tab that allows online trading as far as i can see. Overseas atm

Appreciate the help!

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