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Anonymous

23 Jul 2020

∙

General Investing

Newbie here, keen to buy SG stocks via DBS Vickers and sell via FSMOne. Will there be a delay in transfer?

I am aware to sell on FSMOne, need to link CDP Account with FSMOne so I assume there will be a delay in processing and transferring of stocks over. To avoid this possible delay, does it mean i have to transfer my shares to FSMOne way ahead even though I dont have intention to sell right now?
Thanks!

FSMOne Fundsupermart DBS Vickers Securities

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Tan Wei Ming

23 Jul 2020

Founder and Writer at Frugal Youth Invests

Shares bought on DBS Vickers will be credited to CDP T+2. You do not need to transfer to FSMOne as all you have to do is to link your FSM account with CDP. Afterwards, choose sell from CDP on FSM.

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