HWZ Forums

hyperbole · 30-08-2015, 11:46 AM

chowck wrote:

I too also closed my esavers a/c. The counter gal told me that Dash a/c cannot operate using counter services. Dash only for online, atm, Nets etc. The ATM refers only to Scb atm machine only? Not sure whether can use the card for Nets payment purposes islandwide etc as not tried yet. Also, although it earns higher interest compare to esavers, only fresh fund deposited enjoy the rate. Trf from within a/cs not considered fresh funds.

Pls correct me if the facts above are wrong.

I think you got the accounts mixed up.

Dash doesn't have any fresh funds requirement. The interest rate is a flat 0.5% with no conditions. Esaver is the one that requires fresh funds.

Can withdraw from dash account using ATM at any ATM with atm5 sign. Can use for nets transactions as well. I've tried both

Denikeve · 30-08-2015, 04:37 PM

yeah I closed my esaver account and opened the dash account, but sibei mafan still have to go plaza sing the branch show IC verify identity. till now still haven't find the time to go yet lol.

meanwhile can I transfer funds from other banks straight into my securities settlement account to buy stocks? or need go to dash account then go settlement account?

hyperbole · 30-08-2015, 04:39 PM

Denikeve wrote:

yeah I closed my esaver account and opened the dash account, but sibei mafan still have to go plaza sing the branch show IC verify identity. till now still haven't find the time to go yet lol.

meanwhile can I transfer funds from other banks straight into my securities settlement account to buy stocks? or need go to dash account then go settlement account?

No, you can only transfer from SCB account to settlement account

Average · 30-08-2015, 06:21 PM

Ya why they make so mafan ah? I already scb customer ma, still want me go show ic??

Denikeve wrote:

yeah I closed my esaver account and opened the dash account, but sibei mafan still have to go plaza sing the branch show IC verify identity. till now still haven't find the time to go yet lol.

meanwhile can I transfer funds from other banks straight into my securities settlement account to buy stocks? or need go to dash account then go settlement account?

crystalnox · 30-08-2015, 07:51 PM

Denikeve wrote:

yeah I closed my esaver account and opened the dash account, but sibei mafan still have to go plaza sing the branch show IC verify identity. till now still haven't find the time to go yet lol.

meanwhile can I transfer funds from other banks straight into my securities settlement account to buy stocks? or need go to dash account then go settlement account?

I opened my Dash around when they first launched, they also ask me go down to the bank despite having an esaver account already. I never went down, 1 month later they send me my dash card and confirm the account has been opened.

crystalnox · 30-08-2015, 07:53 PM

chowck wrote:

I too also closed my esavers a/c. The counter gal told me that Dash a/c cannot operate using counter services. Dash only for online, atm, Nets etc. The ATM refers only to Scb atm machine only? Not sure whether can use the card for Nets payment purposes islandwide etc as not tried yet..

No, the Dash card is purely scb ATM only. Just throw somewhere when you receive it, pretty useless.

hyperbole · 30-08-2015, 07:56 PM

crystalnox wrote:

No, the Dash card is purely scb ATM only. Just throw somewhere when you receive it, pretty useless.

You'll need to sign up for the internet banking token anyway. And that is an ATM card and also a nets card

deathman91 · 30-08-2015, 08:04 PM

crystalnox wrote:

No, the Dash card is purely scb ATM only. Just throw somewhere when you receive it, pretty useless.

Can be used on all atm5 machine la...

Perisher · 30-08-2015, 08:35 PM

Dash is a joint venture between SCB and Singtel. Not a solely SCB business.

Steyr69 · 30-08-2015, 10:06 PM

Asphodeli wrote:

Yeah sometimes will cuei one. That's why it's not for trading...more for those buy and hold people

yup....even when using normal txn.....not trading...it is slow.
some times....the sms OTP thing doesnt work.
I use DBS ibanking....always works.
I did called up SCB regarding this...and they insist is my telco problem.

but still use for buying of small value stocks....the 0.2% is still kick ass.

waxqube · 30-08-2015, 11:15 PM

Steyr69 wrote:

yup....even when using normal txn.....not trading...it is slow.
some times....the sms OTP thing doesnt work.
I use DBS ibanking....always works.
I did called up SCB regarding this...and they insist is my telco problem.

but still use for buying of small value stocks....the 0.2% is still kick ass.

Yea, sometimes the SMS OTP doesn't work or it's damn slow. I suspect it's their provider, because the SMS OTP from elsewhere is always fast

It's also very easy to screw up if you press back or refresh the page... Then you're stuck and have to wait 15 mins before you can login again

mushroom_head · 31-08-2015, 09:32 AM

Can I check does stand chart recently have errors in their dividends payment? First was starhub they paid more (and they took it back) now i realised today that frasers centrepoint trust and starhill global trust now they paid less. Thanks!

ValueInvestor · 31-08-2015, 09:33 AM

mushroom_head wrote:

Can I check does stand chart recently have errors in their dividends payment? First was starhub they paid more (and they took it back) now i realised today that frasers centrepoint trust and starhill global trust now they paid less. Thanks!

just call SCB and ask lor