[Average]

Got gst also.. dk levied on comm or sgx clearing.

[scuderia ferrari]

Hi i would like to ask a qn here. Do I need an e$saver acc with scb to open the trading account?

[Zapper1819]

scuderia ferrari wrote:

Hi i would like to ask a qn here. Do I need an e$saver acc with scb to open the trading account?

you can open a dash saving account along with the trading account.
I did mine at plaza sing.

[dexboi]

Average wrote:

Got gst also.. dk levied on comm or sgx clearing.

I did an excel spreadsheet that auto calculates the Net Amount. I am just on Personal Banking, so my fees are 0.2%. If you are on Priority Banking, your fees are 0.18%. Replace accordingly.

Gross Amt = Qty x Price
SCB Commission = ROUND(Gross Amt x 0.2%,2)
SGX Fee = ROUND(Gross Amt x 0.0325%,2)
GST = ROUND((SCB Commission + SGX Fee) x 7%,2)
Net Amt = IF(TXN="BUY",(-Gross Amt-SCB Commission-SGX Fee-GST),(Gross Amt-SCB Commission-SGX Fee-GST))

Go figure it out yourself. Learn some basic excel formulas along the way.

[Initiatives]

Just open my account today at bedok branch. (: waiting for mails to come now.

[Average]

dexboi wrote:

I did an excel spreadsheet that auto calculates the Net Amount. I am just on Personal Banking, so my fees are 0.2%. If you are on Priority Banking, your fees are 0.18%. Replace accordingly.

Gross Amt = Qty x Price
SCB Commission = ROUND(Gross Amt x 0.2%,2)
SGX Fee = ROUND(Gross Amt x 0.0325%,2)
GST = ROUND((SCB Commission + SGX Fee) x 7%,2)
Net Amt = IF(TXN="BUY",(-Gross Amt-SCB Commission-SGX Fee-GST),(Gross Amt-SCB Commission-SGX Fee-GST))

Go figure it out yourself. Learn some basic excel formulas along the way.

I did figure out all the fees before but now forget liao. I tend to ignore some components in my portfolio becos i am peasant investor... those probly only make up less than ten cents per trade.

[Average]

Initiatives wrote:

Just open my account today at bedok branch. (: waiting for mails to come now.

Congrats.

[Weaboo]

Guys. Dash easy account will have a separate mail with pin right? Separate from the card. I haven't receive after 7 days leh

[deathman91]

Weaboo wrote:

Guys. Dash easy account will have a separate mail with pin right? Separate from the card. I haven't receive after 7 days leh

Yes, PIN is always sent separately. You might wanna wait for maybe a few more days before calling them.

[macateer]

hi guys, know i am slow here but here goes...

i am currently on e$saver, US trading and SIN trading accounts

to avoid the fall below fee on e$saver, i should open a dash account.

should i open the dash first, linked it to my US and SIN trading than terminate my e$saver? or there is a better way around this?

Appreciate your inputs!

[Asphodeli]

macateer wrote:

hi guys, know i am slow here but here goes...

i am currently on e$saver, US trading and SIN trading accounts

to avoid the fall below fee on e$saver, i should open a dash account.

should i open the dash first, linked it to my US and SIN trading than terminate my e$saver? or there is a better way around this?

Appreciate your inputs!

No need to link lar. It's like your normal e$aver acct.

[macateer]

Asphodeli wrote:

No need to link lar. It's like your normal e$aver acct.

hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks

[Asphodeli]

macateer wrote:

hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks

Dash I not sure if can open offline at the SCB counter, best is go Singtel Comcentre at Somerset to do it if you want to open it offline (they have a counter for Dash application IIRC). Also need processing time leh.

Termiante e$aver can, but beware of the fees.

[macateer]

Asphodeli wrote:

Dash I not sure if can open offline at the SCB counter, best is go Singtel Comcentre at Somerset to do it if you want to open it offline (they have a counter for Dash application IIRC). Also need processing time leh.

Termiante e$aver can, but beware of the fees.

sorry bro, what do you mean when u mention offline?

I was thinking to go Nex stand chart branch and open the dash and close my e$aver account? is it as simple as that or am i missing something along the way?

Thanks in advance

[Weaboo]

macateer wrote:

hi bro,

That means i open the dash acct and terminate my e$saver on the spot?

Thanks

can open dash acct at any sc banks but best is do it at plaza sing