What is the difference between DBS Vickers - Cash Account (Online) and Cash Upfront Account?

Cash account allows you to purchase a stock without putting up cash beforehand. You will still have to pay on T+3, where T is the transaction date. This account provides you flexibility for short term trading as you do not need to put up a cash deposit. This also means that commissions are higher.

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Cash Upfront means that you have to deposit money into your account before you can purchase stocks. Your buying power is also limited to how much you deposit into your trading account. This also means that you get to enjoy lower commissions.

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Cash upfront requires you to put in the money and invest them uofront when buying your stocks while cash account does not require you to put your cash upfront before hand.

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The charges differ for each of the services too.

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Here's some information on the relative charges: https://blog.seedly.sg/the-ultimate-cheatsheet-...

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For cash up front, DBS and UOB KayHian is the cheapest. The main difference, however, is that for DBS cash upfront investments you own the shares while for other banks, the bank is the custodian for your shares.