facebookIs there a limit on how much SRS I can use to invest in shares? - Seedly

Anonymous

26 Apr 2020

General Investing

Is there a limit on how much SRS I can use to invest in shares?

My SRS acct opened with DBS is linked to DBS Vickers. On DBS IB, SRS available balance only reflects a fraction of my actual cash balance. I've not used SRS for other investment. I have a settlement with Vickers on Monday and I am afraid cannot use all my SRS fund. Called DBS hotline and not helpful as they can only get back to me after checking with Vickers on Monday.

Discussion (4)

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Lee Gek Lan

26 Apr 2020

Financial Consultant at Income

Hi, the investment limit depends on how much there is in your SRS account.

If you are talking about contribution limit - there is a limit as in the contribution limit. As of date, the maximum yearly contribution is S$15,300 for Singaporeans and Singapore PRs, and S$35,700 for foreigners.
Hope this helps​​​

Pang Zhe Liang

26 Apr 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

The only limit is the balance that you have in your SRS balance that is available for use. Login to your internet banking and you can see the available balance on the screen.​​​

Colin Lim

26 Apr 2020

Financial Services Consultant at Colin Lim

No limits on how much u want to use your srs to invest. If u have 20k den u can use 20k

there are s...

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