Anonymous

06 Feb 2021

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General Investing

How can I transfer the USD balance out from the SCB Trading account to my DBS multi-currency account?

I have US stocks in SCB and I want to sell and cash it out. How can I transfer the USD balance out from the SCB account to my other account such as DBS multi-currency account?

Standard Chartered Online Trading

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Wrong Sean

06 Feb 2021

Unfortunately I don’t think you can transfer out the USD directly from the settlement account. You could use the remit option but the fees are quite expensive to transfer to SG.

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