Hi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account? - Seedly
 

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Asked by Anonymous

Asked on 01 Sep 2019

Hi everyone! Is it possible for me to sell some SGX stocks (bought using DBS Vickers cash upfront account) through my Standard Chartered trading account?

Thinking if it's possible to do so since the fees for Standard Chartered are lower. Thank you!

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Gabriel Tham
Gabriel Tham, Tag Team Member at Kenichi Tag Team
Level 9. God of Wisdom
Answered on 03 Sep 2019

No, that is not possible.

Standard Chartered is a custodian account and is not linked to CDP.

DBS is linked to CDP.

If you would like to enjoy lower fees for SELLING of shares kept in CDP, you can use FSMONE.

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