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Anonymous

03 Mar 2021

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General Investing

How to RSP into foreign ETF on FSMOne, if I deposit SGD?

Anyone knows how it works for RSPs into a foreign ETF on FSMOne, if I deposit SGD?

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Chris

03 Mar 2021

Owner and Writer at Tortoisemoney.com

You'll need to convert your SGD to the respective currency first.

Click 'Cash Solutions' 'Foreign Currency Exchange'
Scroll to the bottom
Input the amount you wish to convert from SGD to the respective foreign currency.
Click 'Exchange'

Hope this helps!

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Related Posts

With regards to FSMone's RSP foreign currencies ETF, would FSMone auto convert SGD to the respective currencies for the RSP or do I have to manually convert money to the respective currencies?

Why do people like to use FSMOne to sell SG stocks? A bit confused as to how it works and what are the benefits of that? Also why do people like to use FSMOne to RSP into ETFs? And why RSP into ETFs?

I came across FSMOne RSP for ETFs. What are the benefits of RSP into ETF with FSMOne vs doing it yourself monthly via other broker apps?

Realized that, FSMOne doesn't allow RSP into ETF's which are not on their "list". For example, I am able to buy ARKK ETF but this ETF is not on their list for RSP. Anyone encountered this same issue ?

I have opened an account with FSMone ETF RSP after I have read about it through the SeedlyCommunity. I'm thinking to buy a Gold ETF, IAU or SGOL and they do not have it on their ETF RSP lists?

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