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Anonymous

09 May 2019

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General Investing

Is it possible to transfer all my units from DBS invest saver to Maybank Kim Eng? Or do I just have to stop putting money into DBS and just open account with Maybank Kim Eng instead?

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Gabriel Tham

09 May 2019

Tag Team Member at Kenichi Tag Team

Unfortunately, you cannot transfer units out from DBS invest saver.

You can just leave them there as is and let it grow and continue with Maybank if you wish.

Or you could sell them all and use the cash in Maybank.

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Hi, I have recently opened the DBS Multiplier account. I would like to increase the interest rate by making transactions in the investment category. What are some possible unit trusts to consider if I already have the POSB Investsaver? ?

Are there advantages in having a fixed deposit account and a savings account? Why do some people put money into a FD account, instead of say, putting everything into a savings account (e.g. DBS Multiplier)?

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