Yay! Another round of cash distributions coming next month!

ok so correct me if im wrong pls, very new in this... as a malaysian i will then need to open a scb trading account and a savings account with them and that should do it so I can start trading?

ok so correct me if im wrong pls, very new in this... as a malaysian i will then need to open a scb trading account and a savings account with them and that should do it so I can start trading?

You will first need to open an eSaver account with your Passport and $$$.
Then SCB will send you your userid and pin via mailer.

When you received your userid and pin than proceed to login to your account.
You will then need to do an online applications for your trading account.
Once you trading account is approved, you can click the online trading button that will bring you the trading platform.

Ok great and thanks for the info

So all I need to do is go into Spore and open esavers account.  CDS account no need?

You don't to open CDS account for Standard Chartered Bank Trading Platform as your shares will be deposit into a nominee account.

Nominee account? Is it possible to open a principal account? I don't think we can apply IPO for nominee account. Plz correct me if I am wrong. Thx

For IPO you need to use other broker. SCB only use nominee account.

Any major difference between nominee account n principal (normal) stock broking account? Is it the same with Malaysia? Thanl you.

For one, nominee means the stocks are under the banks name, you cannot vote at Agms.
If banks goes under, you may lose yer stocks. You stocks maybe used for shorting.

If you are using UOB Kay Hian, why didnt you use UOB for Banking?

Anyone could share their experience on Singapore's brokerage firms and rates? Standard chartered trading account looks interesting.

I also looked at Standard Chartered Bank and their Esaver account is pretty good.    No min deposit/balance, no monthly fees.
In addition, I have heard that if one TT from their Malaysia Standard Chartered Bank account to their Sing Standard Chartered Bank account, there are no charges.   I have not tried this myself.

http://www.standardchartered.com.sg/person...ver-account/en/

From their website:
   High Interest Rates
   No lock-in period
   No monthly fees
   No minimum deposit
   No minimum balance
   No fixed term
   No hardcopy statements to file
   No ATM cards, passbooks or cheque books to lose

also if say I sell my shares, how can I get the money withdrawn or transfered to KL?

so we just open standard chartered esaver account and CDS account in any standard chartered bank in SG, then we can start trading in SG?
thanks

---

Added on December 11, 2012, 12:34 pmi got a reply from standard charted bank in sg, saying that I need to have an address in singapore to open a bank account there?
i do not have sg address, means i cannot open an account there and thus trading and cds account?