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James Lee

16 Aug 2021

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SCB USD securities settlement account - can deposit USD cash?

As per title. Context: I'm just trying to brainstorm some ways to bring back USD from the US (a few K) without going through all the wire transfer shenanigans.

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Dan

22 Aug 2021

Hi James, for SCB, it charges a % for incoming wire transfer on top of your US bankbroker wired fees. Citi doesn't charge incoming wire USD fund. I think DBS multiplier account might be another one (TBC) that doens't charge incoming wire USD fund.

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