Who can clarify on the fees involved when using Standard Chartered Trading?

I am most particular about the fees and commissions for FX conversion, basically the SCB custodian fees. I will appreciate your reply. Thank you.

Confused About Financial Products?

You can chat directly and receive the best offers from the experts.

  • user image

    No Name

    I just thought to give my little input here. With SCB there are no custodian fees and low brokerage fees while interestingly, SCB can invest in more foreign stocks and not just US stocks, thereby giving you the opportunity to invest in not just the US stocks but a variety of other international stocks. They even offer a much improved user interface compared to a few years back. SCB is really making an effort to compete with other brokerages. Note however that the foreign exchange rate may not be very good.

    2019.08.01 2:25

    Please leave your knowledge and opinion!

    Related Forums

    What is the cheapest sim only plan in Singapore that provides data, calls and SMS?

    What are the characteristics of a bond?

    How do I buy and sell my bonds?

    What are thee companies that offer monthly investment plans and who are the individuals who should get these plans?

    What are bond and how do they work?

    What is the best unlimited mobile data plan in Singapore?

    Related Reviews

    Zero Travel Related Online Merchants

    Citi Prestige Card / Citibank Singapore

    The Citi SMRT card is a pretty decent card for spending but they unfortunately exclude travel related online merchants. This to me is the downside of the card and may be a reason to get another card for travel websites.

    Great customer service officers

    American Express Singapore Airlines KrisFlyer Ascend Credit Card / American Express International

    I have had this card for a long while. The good thing with the card is that AMEX have been waiving my annual fees which is probably why I still have the card. The pros with this card include – Great customer service officers that are friendly and will do their best to help you with prompt follow ups, direct credit of miles to your Krisflyer account, many small promos every few months with a fantastic sign up promo, no minimum spending and perfect for concert lovers as AMEX offers priority to provide tickets.

    Fee waivers and No transfe fees

    American Express Singapore Airlines Solitaire PPS Credit Card / American Express International

    The AMEX Express Singapore Airlines Solitaire PPS Credit Card gives a First Year Fee Waiver for you to enjoy and also for your supplementary card members. In addition there are no transfer fees and all the KrisFlyer miles you can earn are directly transferred automatically to your KrisFlyer account with no transfer fee. I would recommend this card for these few reasons which could really make the difference.

    Close to 6.5% rebates on dining

    American Express CapitaCard / American Express International

    I have held this card for quite a long time and one thing I like about the card is the fact that it is used for CapitaLand malls and they are almost everywhere. So I enjoy dining taking advantage of the 10x rewards merchants to accumulate the points faster. Imagine getting close to 6.5% rebates on dining. Not to forget their sign up bonus of $60 rebates in vouchers when you spend $1,500. That's a 4% rebate excluding the points you will earn which will convert into vouchers too.

    Ease of use to accumulate on miles

    American Express Singapore Airlines KrisFlyer Credit Card / American Express International

    The American Express Krisflyer Credit Card has an attractive sign up bonus and it is easy to use to accumulate on miles as no conversion into KF account is required, and monthly auto “sweeping” of miles help save in the conversion fee. I also have had good experiences with their customer care service as the call center service is absolutely awesome.

    Complimentary Night Stay a Success

    Citi Cash Back Visa Card / Citibank Singapore

    Very impressed by the complimentary night stay I got after I made bookings for a five nights stay at a resort I spent my birthday at in Malaysia. Even more pleasing was the complimentary golf games at a high quality golf courses in Malaysia. As a matter of fact, I had as much as six complementary golf games.

    Confused About Financial Products?

    You can chat directly and receive the best offers from the experts.