QUOTE(highcourt @ Feb 1 2015, 09:32 AM)
For DBS Vickers, may I know do they provide those services like nominee accounts whereby we will pay some fees so that we can ask them to subscribe to rights issue etc? If not, then will be a bit troublesome right?
Also, do they charge for accepting dividends into "trust" account? Or, are the dividends credited straight into our singapore bank accounts? If credited straight into singapore bank accounts, are there any "processing fees" charged by the bank?
TQ so much for answers!
If u prefer NOMINEE accounts.. best u go for STANDARD CHARTERED Singapore. the brokerage are very very cheap.Also, do they charge for accepting dividends into "trust" account? Or, are the dividends credited straight into our singapore bank accounts? If credited straight into singapore bank accounts, are there any "processing fees" charged by the bank?
TQ so much for answers!
Even handling charges.
I go for direct ac, as i costed in ESTATE PLANNING. In case die.. its easier to pass my shares to my beneficiaries.
Not sure how it works if NOMINEE ac for Estate Planning. Coz rightfully, the shares are owned by the BROKERAGE FIRMS and not yrself.
RIGHTS ISSUE... unless u hv an Singapore Address, then u can apply.
If not, they will AUTO SELL yr rights and will bank in the money to your account.
(I opted for this option. count left right is almost the same...)and furthermore.. no need paperwork.
yes DBS VICKERS should hv NOMINEE AC. Its in their website. but I did not hv information on this.
Feb 2 2015, 12:30 PM

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