Juz left vivo scb. Ask to transfer cdp stock to scb account. cso say charge $10 per lot. Is it huh?
I transferred last month but they did not charge me.
Juz left vivo scb. Ask to transfer cdp stock to scb account. cso say charge $10 per lot. Is it huh?
I transferred last month but they did not charge me.
cdp to scb thou stated that there is charge but in fact scb don charge u
it is free to transfer into SCB, however CDP charges a fix rate per counter for the transfer.
$10.70 i was told
http://www.sgx.com/wps/wcm/connect/...0+DA+Fee+Schedule+(30May2013).pdf?MOD=AJPERES
it is free to transfer into SCB, however CDP charges a fix rate per counter for the transfer.
$10.70 i was told
http://www.sgx.com/wps/wcm/connect/...0+DA+Fee+Schedule+(30May2013).pdf?MOD=AJPERES
That is when u transfer from SCB to CDP
why why why. you guys really fail to research. how to make money in stocks?
Online Equities Trading - Standard Chartered Bank Singapore
Transfer your shares to our custody at no cost.
why why why. you guys really fail to research. how to make money in stocks?
Online Equities Trading - Standard Chartered Bank Singapore
Transfer your shares to our custody at no cost.
why why why. you guys really fail to research. how to make money in stocks?
Online Equities Trading - Standard Chartered Bank Singapore
Transfer your shares to our custody at no cost.
...but the vivo cso said it is cdp charge me not scb charge me but he looks like a very young cso 20-25 yr of age. and before he reply to me, he key something to his com and read then reply to me so i thought he cant be wrong since reading from com like reading SOP
READ here:
Standard Chartered Bank Singapore
Transfer in charges :
Free;
Transfer charges may be levied depending on outgoing banks
So stop saying ppl dont do research or its free or whatsoever.
Go and check with SGX CDP!
CSO will always tell you that counterparty may impose charges because they do not want to be liable to say no charge, but if you transfer from another nominee account to SCB, and charges apply, then they would get complaints. Even if you tell them its CDP, they don't dare to take that risk.
Everyone has their own explanations and interpretations, but choose not to listen to someone (see post #1681) who had earlier said that he was not charged anything (1st hand experience).
So let me also share my 1st hand experience even though it will get lost in the sea of posts, and 10 posts down, people (who are too lazy to read previous posts) will continue to ask the same question.
CSO will always tell you that counterparty may impose charges because they do not want to be liable to say no charge, but if you transfer from another nominee account to SCB, and charges apply, then they would get complaints. Even if you tell them its CDP, they don't dare to take that risk.
I called SCB hotline and they assured me no charges. I transferred 10+ counters and wasn't charged anything.
So hopefully this clears things up (for now).
It. Is. Free. Of. Charge. No. Questions. Asked.