anyone know when will get the bonus shares after XB date??
how long it takes to open scb account? 3 days?
For subscription to rights, funds shd be park at the securities account
Ah Ok, thanks!Settlement ac
i went down to one of the scb branch a mth ago to open a bouns$aver account, account ready one week later tgt with a online banking access. I applied thru the online system for the trading account which took another 1 week. If u waited for more than 1 week, give scb a call, and u will find yr account be ready within 2 days . very happy experience with scb banking service so far =)
hi all,
just opened a online trading account with SCB. a few questions to ask you guys...
i got a trading acc and 2 settlement acc (SGD and USD).
1. if i buy/sell in my trading acc, the cost/proceeds will be deducted/credited from/to my settlement accs?
2. if above is true, so i only have to top up my settlement accs by transferring from my normal SCB esaver acc to my settlement accs?
3. can i transfer SGD from my esaver to my USD settlement acc? if so, the exchange rate is per SCB rate? how to check this rate?
4. will the trading acc hold any cash? or it only holds stocks?
Thanks! Huat ah!
hi all,
just opened a online trading account with SCB. a few questions to ask you guys...
i got a trading acc and 2 settlement acc (SGD and USD).
1. if i buy/sell in my trading acc, the cost/proceeds will be deducted/credited from/to my settlement accs?
2. if above is true, so i only have to top up my settlement accs by transferring from my normal SCB esaver acc to my settlement accs?
3. can i transfer SGD from my esaver to my USD settlement acc? if so, the exchange rate is per SCB rate? how to check this rate?
4. will the trading acc hold any cash? or it only holds stocks?
Thanks! Huat ah!
As with dividend, you would usually get them one working day after the official payment/credit date (check on SGX)
but whenever shares on SCB announce bonus issue/DRP/rights issue, that will result in odd lots... sianz half...
because SCB doesn't have odd-lot trading, your odd lots are stuck with them until you transfer them out to CDP
bro, did you get ur trading and settlement ac opened up same time or just one or two days later
Pls.ignore answer is yes. Read on scb website