DBS changed its Mutiplier plan

reddevil0728

reddevil0728

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molangtsum said:
Hi, anyone with RSP gotten their eadvice already?

This is my 1st month and I saw the units in my investment account already but I don't see any eadvices....abit long isn't it?
Click to expand...

Did u select eAdvice? If yes then check your filter.
 
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snowman80

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Same for me.. I setup up RSP on 10-Sep.. it shows under investment that ETF unit purchased on 15-Sep.. until now BnE Summary has not updated..
Checked no eAdvice either .. first time buying, I’m not sure if my step correct..
I only know Cancercare bought in 10-Sep will only start to be counted in Oct..

molangtsum said:
Hi, anyone with RSP gotten their eadvice already?

This is my 1st month and I saw the units in my investment account already but I don't see any eadvices....abit long isn't it?
Click to expand...
 
M

molangtsum

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snowman80 said:
Same for me.. I setup up RSP on 10-Sep.. it shows under investment that ETF unit purchased on 15-Sep.. until now BnE Summary has not updated..
Checked no eAdvice either .. first time buying, I’m not sure if my step correct..
I only know Cancercare bought in 10-Sep will only start to be counted in Oct..
Click to expand...

Guess we can only wait. BnE needs a few days more I know, but I didnt know eadvices also take so long
 
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precision

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Hi all my rsp aberdeen pacific $100 started deducting on 15th sep in my posb savings account. Today 22sep under my Multiplier bank and earn summary, it’s still not reflected. May i know if this is normal and I’m doing it correctly?
 
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Trazora

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precision said:
Hi all my rsp aberdeen pacific $100 started deducting on 15th sep in my posb savings account. Today 22sep under my Multiplier bank and earn summary, it’s still not reflected. May i know if this is normal and I’m doing it correctly?
Click to expand...

This is normal wait a few more days.
 
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maumu

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precision said:
Hi all my rsp aberdeen pacific $100 started deducting on 15th sep in my posb savings account. Today 22sep under my Multiplier bank and earn summary, it’s still not reflected. May i know if this is normal and I’m doing it correctly?
Click to expand...

bro did you start with any lump sum? or from $0? you do all the steps online through digibank/ibanking?
 
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Squaredot

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molangtsum said:
Hi, anyone with RSP gotten their eadvice already?

This is my 1st month and I saw the units in my investment account already but I don't see any eadvices....abit long isn't it?
Click to expand...

DBS will mail u the paper advice for your 1st month RSP but much later. If you wish to know the details on advice now, chat with CSO online. They will be able to tell u.

Your eAdvice will be available from your 2nd month of deduction, 1 or 2 days after RSP deduction.
 
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maumu

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things are just getting weirder for my case.

1. banker recommended me to buy one of the funds in early Sep, lump sum in.
2. banker says can RSP each month $100 to qualify for multiplier.
3. buy liao right, couple of days ago discover no option to RSP (even digibank says 'error in fund detail - sorry, no information available).
4. call in hotline, CSO reply says fund is suspended (!!)
5. banker reply separately saying fund no longer taking in new orders that's why cannot RSP (first time hearing that a fund is 'full')
6. banker asked me to RSP into ETF instead, but the irony is when he recommended me the previous fund he was telling me how bad ETF is performing and says should not buy ETF.

and he discouraged me from RSP into a fund which I already have, quoting that need to do $1k lump sum first (current balance is <$1k because mostly redeemed).

and he also forgot to apply the card promo when i was opening the multiplier account through him... now i have to appeal for the cashback promo even though i'm a new card customer.

i'm not really sure if i can trust this banker... what would you guys think? he also don't reply my emails but instead whatsapp me 'official replies' so there's technically no proper black and white?

*p.s. the only positive outcome so far is that he's able to give me a discount when buying new funds. he only earn like $300 commission from my purchase of the fund i think. i'm wondering is it because the commission so low.
 
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wenguang

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precision said:
Hi all my rsp aberdeen pacific $100 started deducting on 15th sep in my posb savings account. Today 22sep under my Multiplier bank and earn summary, it’s still not reflected. May i know if this is normal and I’m doing it correctly?
Click to expand...

Just updated today only in my Bank and Earn.
 
reddevil0728

reddevil0728

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maumu said:
things are just getting weirder for my case.

1. banker recommended me to buy one of the funds in early Sep, lump sum in.
2. banker says can RSP each month $100 to qualify for multiplier.
3. buy liao right, couple of days ago discover no option to RSP (even digibank says 'error in fund detail - sorry, no information available).
4. call in hotline, CSO reply says fund is suspended (!!)
5. banker reply separately saying fund no longer taking in new orders that's why cannot RSP (first time hearing that a fund is 'full')
6. banker asked me to RSP into ETF instead, but the irony is when he recommended me the previous fund he was telling me how bad ETF is performing and says should not buy ETF.

and he discouraged me from RSP into a fund which I already have, quoting that need to do $1k lump sum first (current balance is <$1k because mostly redeemed).

and he also forgot to apply the card promo when i was opening the multiplier account through him... now i have to appeal for the cashback promo even though i'm a new card customer.

i'm not really sure if i can trust this banker... what would you guys think? he also don't reply my emails but instead whatsapp me 'official replies' so there's technically no proper black and white?

*p.s. the only positive outcome so far is that he's able to give me a discount when buying new funds. he only earn like $300 commission from my purchase of the fund i think. i'm wondering is it because the commission so low.
Click to expand...

I think you should just do everything yourself via ibanking. All can be done via ibanking.
 
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molangtsum

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Squaredot said:
DBS will mail u the paper advice for your 1st month RSP but much later. If you wish to know the details on advice now, chat with CSO online. They will be able to tell u.

Your eAdvice will be available from your 2nd month of deduction, 1 or 2 days after RSP deduction.
Click to expand...

Oh I see, thanks for the clear explanation!!
 
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