Anonymous
How long does it take to setup Online Trading for Standard Chartered (SCB)?
I applied 2 days ago but no updates yet. And if I want to invest in CSPX / VUSD / VUSA / IWDA, do I need a USD settlement acc?
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Not sure how long it takes, but I think in general, one to two weeks processing time should be the norm.
They would usually open the various main currencies accounts together at the same time, this is contingent on which currencies are applicable to the various markets you've opted for.
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If you did the setup via Standard Chartered ibanking, it should take around 3-5 working days to be opened. For the counters you're mentioned, they are all traded in USD currency and you will require a USD settlement account.