Standard Chartered - Only Online Trading in town with no minimum commission

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natsuoto

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I just open a dash account, it says wait for my dash easy saving to be open, what is that? How do I transfer money into it, can do online transfer from other banks?
 

deathman91

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I just open a dash account, it says wait for my dash easy saving to be open, what is that? How do I transfer money into it, can do online transfer from other banks?

Dash easy is just like any other bank deposit account.
 

Immortal

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Thanks, but I dunno how that works, so do I have to open one and how do I link to the dash account then?

Your Dash account will appear alongside your other SCB accounts like settlement accounts when you log in to online banking.

The bank will do the linking.

You can use FAST to transfer funds from your ocbc/Posb/other bank accounts.
 

natsuoto

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Your Dash account will appear alongside your other SCB accounts like settlement accounts when you log in to online banking.

The bank will do the linking.

You can use FAST to transfer funds from your ocbc/Posb/other bank accounts.

Thanks, I'll login to my scb acct later to see..
 

Gaara1989

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i bought a stock at 0.022. with stop loss placed at 0.019. However, when the stock broke 20c and the buy/sell become 0.019/0.02. how come SCB never activate the SL? is there a prob wif e system> ?:s11:
 

apriliasiao

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When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?
 

Perisher

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i bought a stock at 0.022. with stop loss placed at 0.019. However, when the stock broke 20c and the buy/sell become 0.019/0.02. how come SCB never activate the SL? is there a prob wif e system> ?:s11:
There is a queue to fill. If you see the price falls to 0.018 and your stop loss not filled, then that would be an issue.

When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?

I don't think eSaver is a must(can use Dash instead) but some members here said the people at SCB replies that it is a must.
I didn't deposit anything when I opened my eSaver but that was 3 years ago. Just to be safe, you deposit $100 lor.
 

apriliasiao

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I don't think eSaver is a must(can use Dash instead) but some members here said the people at SCB replies that it is a must.
I didn't deposit anything when I opened my eSaver but that was 3 years ago. Just to be safe, you deposit $100 lor.

ic.. I'm fine as long as they dun need min like $500 or $1000 deposit.
 

deathman91

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When open SCB securities acc, it is a must to open a eSaver acc as well and is there any min deposit?

Their officer might say it is a must but dash easy account can be used to fund the trading account. So I am not sure if they are out there to cheat customer or just purely uninformed.

ic.. I'm fine as long as they dun need min like $500 or $1000 deposit.

Even for opening account? Or can deposit later when account is set up already?

When I opened mine, there is no need for a immediate deposit of $1000 for account opening. But you will get punished by the fall below fee of $5, so you will guai guai deposit :s22:
 

Perisher

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When I opened mine, there is no need for a immediate deposit of $1000 for account opening. But you will get punished by the fall below fee of $5, so you will guai guai deposit :s22:

Afaik, it's based on ADB so can deposit on other days as long as overall over the month is at least $1k then.
 

Perisher

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OCBC 360 is good for the bonus interest rate, people who opened it would gladly park their liquid cash there.

To charge a monthly service fee is a total no go. Not seen before in SG

SCB esaver also has bonus interest rate and the conditions are simpler so the interest is also lesser lor.

OCBC 360 fall below fee and SCB fall below fee is charged everywhere?
POSB also have $500 min fall below fee?
 
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