Anonymous

03 Jun 2021

∙

General Investing

Should I terminate a trading account with RHB which I had not used for 10 years?

Should I terminate this RHB trading account?
Are there any charges if I terminate the account?

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Pang Zhe Liang

22 Nov 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

If you are not planning to use the account in the near future, then terminate it - no point keeping an account that you are not using.

In most cases, there are no termination charges.

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Kelly Trinh

22 Nov 2019

Backoffice technical at financial services firm

If there isn't a carrying cost why not just keep it... In some potential future there maybe a use for it and so you can skip initial on boarding....

Usually no termination fee (there may have been if close very quickly particular to recoup some opening promo but you seem way past that.)

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