I use SCB Priority for investments. As the account is for long term investments rather than trading whilst the fees are not the lowest, there are low enough to make very little difference as there are at least no custody or management fees.
Also nice to have an RM to handle any issues, applications etc.
Another benefit is access to Wealth Lending. I don't generally like to go into margin, but I find the wealth lending useful when I want to invest in a certain currency, but do not have enough of that specific currency currently.
Definitely not ideal for very active trading. Also no access to options.
So still useful to hold accounts with platforms like IB if you like access to those.
Main downside to me is it would just be nice to earn some income by selling calls on some of my long term positions at times and SCB do not support options trading.
From what I recall (may not be up to date) CitiGold trading fees were much higher, and DBS Treasures charge a custody fee for foreign stocks which was a dealbreaker.
I use SCB Priority for investments. As the account is for long term investments rather than trading whilst the fees are not the lowest, there are low enough to make very little difference as there are at least no custody or management fees.
Also nice to have an RM to handle any issues, applications etc.
Another benefit is access to Wealth Lending. I don't generally like to go into margin, but I find the wealth lending useful when I want to invest in a certain currency, but do not have enough of that specific currency currently.
Definitely not ideal for very active trading. Also no access to options.
So still useful to hold accounts with platforms like IB if you like access to those.
Main downside to me is it would just be nice to earn some income by selling calls on some of my long term positions at times and SCB do not support options trading.
From what I recall (may not be up to date) CitiGold trading fees were much higher, and DBS Treasures charge a custody fee for foreign stocks which was a dealbreaker.