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Anonymous

17 Feb 2021

∙

General Investing

Which bank account do you use to fund your investments in your brokerage accounts?

Seeking opinion: Please share which bank account/ recommended account you use to fund your investment in your brokerage account🙂?

Very new to investing and decided to go with TD Ameritrade.

Would also like to sound out how the community manage finances in separate bank accounts for savings (emergency and not high liquidity ones), salary credit, investment and etc.

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Jon

17 Feb 2021

. at Bank

I am using tiger where they support DDA with DBS accounts which allows me to deposit almost instantly. Also my DBS account has usd wallet which allows me to withdraw form tiger in USD if I wish to do so. Have been fuss free so far.

Opinions expressed are my own personal thoughts and are not financial advices. It is important for you to do your own due diligence

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Maximilian Günther

13 Feb 2021

I use DBS to fund my Tiger Brokers account. This is because Tiger Brokers has a Direct Deposit (DDA) with DBS, so the funds are transferred almost instantly via GIRO. I believe if you use TD, the funding time will be around 1-3 days.

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Sharon

10 Feb 2021

Life Alchemist at School of Hard Knocks

I use my POSB e-Savings to fund my Interactive Broker account in SGD and I do the currency exchange ...

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