How to apply cash account? Do I need to have a current account with it?
Trading stock via maybank2u, let discuss
Trading stock via maybank2u, let discuss
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Jun 2 2014, 11:42 AM
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151 posts Joined: May 2010 |
How to apply cash account? Do I need to have a current account with it?
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Jun 2 2014, 01:32 PM
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151 posts Joined: May 2010 |
QUOTE(felixmask @ Jun 2 2014, 01:05 PM) You dont need to hv current account. Thank you for the explanation. You go to Maybank Investment Bank; a company doing Investment Bank able to do varity relate to stock and company listing. - not involved in banking. they their own system keep track the Debit/Criedt of customer acc. CDS is direct account ; open cash or margin. Acct not visible in maybank2u. You go to Maybank Equities Center; a division in Maybank Bank itself; only perform stock broking. you will hv a current account created and visible maybank2u. CDS is nominee account ; open cash or margin. The different we hv Direct CDS and Nominee Cds becoz of Banking Act; Non Bank system hv no right to debit any amount or disclose customer account outside the bank system. BNM set rule and regulation how Banking and Investment Bank operate. Direct CDS is not visible in maybank2u, so how do i transfer money into the cash account? What is the brokerage rate for Direct CDS Cash Account? |
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