Hi sifu-sifu,
I want to open "normal" + CDP account at Standard Chartered.

Any other recommendations of sg banks with low transaction charges? My main purpose is trading sg REITs.

Opening account should be done in one day? I'm not jb lang, so it's quite hassle for me to revisit sg again and again.

What kind of documents that I need to open these two accounts? Should I simply bring cash of sgd or there's other safer way to do so?

1 thing, SC dont use CDP for trading acc. they hold ur stock in custodian acc. thats why their fee is lower.

----
if u still wan to open sc saving acc + trading acc with them

esaver is the basic saving acc they offer. have to keep $1k in acc to avoid the $5 fall below fee.
but im not sure whether u can open or not. check the requirement https://www.sc.com/sg/save/saving-esaver.html

if u manage to open the acc, just tell them u wan to apply for the online trading acc as well. the cs will help u to apply.
they will ask some question like do u invest before, etc.  :thumbsup:

Thanks pal, it's very good feedbacks for some newbie like me.
What's your recommendations of banks/trading accouny, I just want to invest in lower risk products like Singapore REITs.

im sorry im not qualify to suggest u any yet. im just starting my journey as well.
sc charge 0.2% rate at $10 minimum fee
but even malaysia brokers allow investment into SG ma not meh.
is the cost much higher if compare to SG brokers?

This I also not sure bro, sifu in here advise me to open sg account to trade.

I m also using SC trading account. Quite okay.

for more info what reits to buy, u may always join us at

https://forum.lowyat.net/index.php?showtopi...&#entry82238078

hi, r u working in sg?

No. I m in KL how abt u

U invested in reits and etf?

prince_mk hi sir, please share your experience with me. I also want to invest in Sg REITs. Tqvm

deadravel
thanks bro, nice gesture of yours.

Open a trading acx first in Sg.

Btw are u working in Sg? If yes will be more easier.

Sg has tighten d rules for us to get a trading acc.

Try to email or call the bank n enquire for more info on trading acc.

Open a trading acx first in Sg.

Btw are u working in Sg? If yes will be more easier.

Sg has tighten d rules for us to get a trading acc.

Try to email or call the bank n enquire for more info on trading acc.

Correction, bro,... SG has not yet tightened the opening of trading accts, but they have tightened the rules for opening of bank savings accts. ou can still open trading accts with any brokerage,... no problem, but without a savings acct to back it up with, you will find the charges you have to pay are too high,....

I m consider lucky to have a savings and trading acc in sg

Any idea on how to open a saving account in Singapore without being working there?

A lot of them required employment pass

Anybody knows now still can open account in sg with stand chart? ..seems like they might be closing the door soon in the sgreits thread?