facebookShould I fund my TD Ameritrade trading account with DBS or Standard Chartered? - Seedly

Anonymous

16 Nov 2020

General Investing

Should I fund my TD Ameritrade trading account with DBS or Standard Chartered?

TD Ameritrade users, which method of funding the account will better in terms of currency conversion?

1) using DBS electronic transfer SGD to TDA (1SGD = 0.7384USD) (But TDA state that DBS customers have preferred currency conversion rates as they are partners)

2) using Standard Chartered to remit USD direct to TD Ameritrade wells fargo bank under "wire transfer" (1SGD = 0.7364USD)

Rate quoted are from bank websites as of 16 Nov, any TDA users able to share on the currency conversion rates??

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Maisul

16 Nov 2020

Youtuber at Google (Channel : Say Do Invest)

Hey there!

I just funded my account using my OCBC account to their DBS account and i got a warning email.

Basically it is easiest to fund TD ameritrade from your DBS account to their DBS account.

1st time they let me off and second time they say they wont entertain this mistake.

Below is the link for funding instructions!

https://www.tdameritrade.com.sg/why-td-ameritra...

I am planning to make a thinkorswim platform tutorial so do check my YT channel out if your interested!

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