CDP securities account number has to be furnished for opening of trading account in Singapore.  Broking house no longer has access to the information.

If thumbprint is used for opening of securities trading account, it has to be witnessed by Client Services staff or lawyer.

CDP Direct Crediting Service is mandatory for opening of CDP securities account.

Processing time for EPS application is three weeks.

3rd party’s IC copy (front & back on same page) with 3rd party’s signature has to be submitted with ‘Authorisation of Third Party (Excludes Trading Representative) to Trade’ form.

‘Customer Account Review’ and ‘Guide and Cautionary Notes’ forms have to be submitted for trading of Specified Investment Products “SIPs”: http://www.utrade.com.sg/page/site/public/english/pdf/GCN%20and%20CAR.pdf

Commission rate for bonds is similar to shares.

SRS funds can be used for stocks listed on SGX.

Unlike SRS funds, CPF funds can only be used for selected stocks.

Updated on 01 April 2019