facebookDoes anyone know anything about UOB's RISP and how it compares to DBS's Invest-Saver? Is there a minimum initial lump sum investment of $1k for DBS? Is it possible to halt monthly contributions after a while or will there be penalties for it? - Seedly

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Anonymous

11 Jun 2019

βˆ™

General Investing

Does anyone know anything about UOB's RISP and how it compares to DBS's Invest-Saver? Is there a minimum initial lump sum investment of $1k for DBS? Is it possible to halt monthly contributions after a while or will there be penalties for it?

Does anyone know anything about UOB's RISP and how it compares to DBS's Invest-Saver? UOB requires a minimum initial lump sum investment of $1,000 - is there such a requirement for DBS? Also, is it possible to halt monthly contributions to the DBS/UOB plan and resume contributions after a while or will there be penalties for failure to do so (e.g. service fee or the like)?

Discussion (4)

What are your thoughts?

James Yeo

James Yeo

11 Jun 2019

Level 7Β·Editor at SmallCapAsia.com

no min. $1000 for DBS. yes, generally can pause and stop investing without penalties.

https://blog.seedly.sg/regular-shares-savings-r...

In general i feel UOB's RISP not as strong as DBS and OCBC

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