hello.

are you a SG PR or holding SG working permit?

or just cross border with hard cold cash and open DBS bank acc?

TRy to open with Maybank Sgp. The advantage is when you transfer your funds back from Sgp to Msia, you can use the Remittance feature on their Maybank2U.sg platform. The charge previously was S$15 per transaction. However, that fee is being waived for the time being.

Hopefully, you have a Msian Maybank acct., or open one if you have to.

If you do a transfer before 4pm on a business day, you get the money on the same day in your Msian Maybank acct.

great info ......

Im Malaysian, I brought cold hard cash into Singapore often, then change my ringgit into sgd at JB or lucky plaza for better rate. Or sometimes I transfer to my HSBC SG from my HSBC MY dual currency account, subsequently transfer to my DBS.

DBS accept Malaysians without being resident.

This post has been edited by value_investor: Aug 20 2015, 07:17 AM

Several reasons to use DBS instead, eg you can link your Phillip Securities account only with DBS, also DBS is very independent unlike Maybank in case Malaysia implement capital control.

This post has been edited by value_investor: Aug 20 2015, 07:17 AM

So if I'm a PR in Singapore, the best choice would be open an account with phillip Securities and just trade.

1.29.

standing by...

Ahh,.. yes, that's right. DBS is among the panel of banks on which e-dividend can be implemented upon, directly from Phillips-Cap and the other stockborkers. When I first started many years ago, I recalled only the SG banks, namely DBS, UOB and OCBC were in this panel. I believed the list has grown since then, however, I have not heard of Maybank SG beingincluded into the list. Wondered why ?

Yes, ou will need one of the panel banks too for e-dividend purposes. DBS has a feature called Cash-Only acct, and the minimum brokerage charge is only $18 instead of the usual $25 imposed by the other SG banks, hence the other advantage of using DBS. ANotr advantage is DBS has ATMs everywhere on the island, and this number of ATM has grown since DBS merged wth POsBank a few years ago.

I have a few accts,.. and I Giro my funds to and fro among the banks, and with iFast today, you can get your funds in the ATM of another bank within the same day if you do the iFast transfer before 4 pm,....

Onemore tip : Try Maybank SG at Battery Road,.... and DBS Rochor Branch.

AV and the othr holders, good choice. NOt for me though,...my average price is too low. I will always be averaging-up instead. Look at SIngpost tooif you are for the dividend-growers. Singpost just increased their dividend the last few months from a yearly 6.25 ctsto 7.00 cts. And their path of transformation from being a mail business (which is dying),... to an e-commerce and logistics business is going very well,... under Mr Wolfgang.

i prefer that too.

the next best thing wud b to buy on the way up after it hits new low with support.

btw, what is the minimum deposit for your acc and what is the name?

just saw 1.27.. u bought ka?

so, red SGX.. anybody shopping?

no, still in Q.

aims also dipped....
i am going for UMS... its CD

This post has been edited by elea88: Aug 20 2015, 04:16 PM

Ok,.. tq for the suggestion. All down for today's mkt. For REIT, Parkway LIfe bounced back up. I would hold. FREIT - dropped to 0.56 during 2008/9 if my memory serves me correctly. I would advise patience in the nearest future.

Fret done.

Buy slowly, buy small amounts, no big accident.

I feel it is better to savebullets if we have a lower TP in view in this mkt. Save bullets to be able to catch more units rather than keep on averaging down. 'I have been there,... a few times',...