Ang Yan Yang

13 Apr 2020

∙

Hi all, currently my dividends crediting is into a savings account which only support SGD. I am expecting dividends in the form of USD What will CDP do for this instance? Issue cheque to my address?

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Frankie Rappaport

13 Apr 2020

Try to have a brokerage allowing USD account

and ALWAYS do currency conversions (even within Your own country)

by (my own experience) safe & fast TransferWise

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Related Posts

I have a POSB savings acc & DBS multiplier acc. My CDP account is linked to my POSB acc. If my dividends payout is credited to that this acc, will it unlock the Multiplier investment category?

Can I fund my Saxo account with my UOB Mighty FX USD account to trade in USD while it currently has SGD in my Saxo account? Or is it only possible to have one currency in my Saxo account?

Should I stick with my current OCBC account until I graduate before moving on to another savings account (+ credit salary) OR switch to another savings account (e.g. Standard Chartered Jumpstart) now?

Would dividends from my stocks get credited into my CDP DCS bank account OR get credited back into my DBS Vickers Multi-Currency account?

I'm a self-employed & will receive my fees in USD. Should I open an USD accounts or receive the fees in my SGD accounts? Any recommended opt that can save in exchange rate and bank charges?