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Anonymous

09 Jun 2020

∙

General Investing

Can I open a DBS Vickers Account without a DBS/POSB Banking Account?

Hi guys,
I'm planning to open a DBS Vickers account but i do not yet have a banking account with DBS/POSB. May i ask if i need to open a bank account with DBS first before i can open up the DBS Vickers account ?
Thank You!

DBS Vickers Securities

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Tay_WenHao

09 Jun 2020

Its better to open a DBS Multiplier account along with Vickers.

You can use its cash upfront option to reduce sales charge.

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Just opened an SRS account. Can I only invest my funds in DBS by opening a DBS vickers account?

Can I still open a DBS Vickers account to invest in foreign stock exchange even though I do not have a CDP account open? Are there any things that I will need to show/ conditions that I will need to know before opening?

If I have a DBS account can I buy global stocks directly or do I need to open DBS vickers? Same goes for OCBC and UOB, is it a special brokerage account?

We have a Joint Account with Vickers and so far can't transfer USD cash from Vickers to our DBS bank account. Any advice?

We have a Joint Account with Vickers and so far can't transfer any USD cash (out) from Vickers to our DBS bank account. Any advice?

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