What is the best way that I can open a CDP account? I am currently working overseas and have decided to invest in SSB, SGX etc but noted that I will need a CDP.? - Seedly
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Anonymous

Asked on 28 Jun 2018

What is the best way that I can open a CDP account? I am currently working overseas and have decided to invest in SSB, SGX etc but noted that I will need a CDP.?

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Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Aug)

Level 9. God of Wisdom
Answered on 08 Feb 2020

CDP not important, safe way to have the equity in an even cheaper custody account:

f.ex. POEMS prepaid account

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Kenneth Lou
Kenneth Lou
Level 9. God of Wisdom
Answered on 29 Jun 2018

Actually for this one, I don't think it is too difficult if you are a Singaporean citizen. Here are the steps:

1) Open up a bank brokerage account

2) Fill up the CDP form and get someone to mail it for you on your behalf to the relevant mailing address

You can read the full step by step here: https://blog.seedly.sg/step-step-guide-opening-stock-trading-brokerage-cdp-account-singapore/

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Phyllis Poon
Phyllis Poon
Level 3. Wonderkid
Answered on 29 Jun 2018

You can open a Singapore brokerage account and they will open a cdp account for you. For example, dbs vickers

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