Jun 16 2016, 07:18 PM
QUOTE(wongmunkeong @ Jun 16 2016, 05:09 PM)
Just a PoV-sharing - hope U guys/gals don't face this:
hm.. FSM now does not allow third-party bank-in for investments
ie i invest for myself, my sister & wife
when i buy for my sister or wife, THEY have to transfer $ online from their account
unlike now where i do everything.
jialat lor - my sis is like "anti" banking-online one. Back to Public Mutual.. sigh..
for my wife - i'll have to transfer $ to her a/c, then she to FSM.. urgh
If your sis purchase cash management fund in one go, say an amount which is targeted to be invested in a year, would that help to eliminate the need of her to transfer money to you whenever a purchase is desired to be made by you on behalf of her? hm.. FSM now does not allow third-party bank-in for investments
ie i invest for myself, my sister & wife
when i buy for my sister or wife, THEY have to transfer $ online from their account
unlike now where i do everything.
jialat lor - my sis is like "anti" banking-online one. Back to Public Mutual.. sigh..
for my wife - i'll have to transfer $ to her a/c, then she to FSM.. urgh
QUOTE(river.sand @ Jun 16 2016, 07:11 PM)
eh... how about beneficiary account?
Beneficiary account can use the principal holder bank account to make purchases
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