hi guys, i dont have a trading account. can i open CDS account through Maybank?
Investors Club V10, Previously known as Traders Kopitiam
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 Feb 6 2020, 05:08 PM
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#1
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1,860 posts Joined: Dec 2008 From: In The HELL FIRE   
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Feb 6 2020, 07:22 PM
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#2
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QUOTE(Cubalagi @ Feb 6 2020, 07:16 PM) Yes, u have to open an account with Maybank Investment Bank. Make sure you open an online cash acount for the lowest brokerage. Online cash account mean saving account like Maybank2U? |
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Feb 23 2020, 11:59 PM
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#3
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Hi all, why maybank need bank statement for opening CDS account? i have been using other bank and my maybank saving account has been inactive and very little money with this account. this will affect my application or not ?
what is e-dividen form and 2 specimen signature card ? Individual account CDS account opening form E-dividend form 2 specimen signature card 3 copies of NRIC 2 copies of savings account passbook (The first page with name)/ original bank statement (if printed from website, please get bank officer to certify true copy) |
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Feb 24 2020, 12:21 AM
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#4
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QUOTE(Cubalagi @ Feb 24 2020, 12:13 AM) I think when you open any broking account you need to give bank account statement. But I think you don't need a Maybank bank statement to open a Maybank broking account. having say that i don't need any form that relevant to my income ?E-dividend is good. Dividends from companies get paid direct to your bank account. Specimen signature is for your CDS account with Bursa Depository. So, say one day, u want to transfer your shares out from Maybank to another broker or to pass to your children, u need to sign a transfer form n they will check that. |
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Feb 24 2020, 11:47 PM
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#5
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QUOTE(bmwcaddy @ Feb 12 2020, 10:47 AM) pro-tip for beginner, open your Maybank direct CDS with Maybank Equity Investment Centre (EIC) instead of Maybank Investment Banks. I Went to Maybank with EIC facilities , long list of form, i got the form back home to fill up but i can see the letter of instructions and authorization is for Invesment bank .EIC charges RM 8 or 0.10%; IB charges RM 28 or 0.42% Have fun trading How do i know it is EIC o IB ? |
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May 6 2020, 03:17 PM
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#6
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QUOTE(lowya @ May 5 2020, 08:03 PM) here comes chaser, time to upload tmr. seems like people buying a week ago before the news, how they know so fast ? insider? |
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