DBS Vickers Cash Upfront Trades

Learn how to top up and withdraw cash from DBS Vickers Cash Upfront Account.

Investment Part of: Guides > Your Guide to DBS Vickers Online Trading Account


DBS Vickers Accounts on MCA settlement:

  • For Cash Upfront Buy trades, funds in the respective traded currencies must be available in your DBS Multi-Currency Account(MCA) prior to placing the buy order.
  • You can transfer funds in and out of your MCA online through digibank.

More information

  • The funds will be earmarked in accordance to the contract size of the trade plus charges.
  • A preferential commission rate will be applied when you settle your trades using Cash Upfront mode. Find out more on our Cash upfront rates here.
  • Cash Upfront is only applicable for Buy Trades.

DBS Vickers Accounts on GIRO / EPS settlement:

  • The following information only applies to customers who do not have a MCA linked to their DBS Vickers Trading Account:

    Set up Cash Upfront Trading Account
    • Log in to digibank Online with your User ID and PIN.
    • Under Invest, select DBS Vickers Online Trading and complete the authentication process.
    • Proceed to access DBS Vickers by clicking Next.
    • Select My Account followed by Account Management.
    • Click Apply for Cash Upfront Trading Services to set up cash upfront trading for your DBS Vickers Online Trading Account.
    • Please log out of your account, your cash upfront account will be available for use upon your next successful log in.

    Note:
    • Currently only Singapore Market is available for trading via DBS Vickers Cash Upfront Account.
    • An individual DBS Vickers Online Trading Account is needed to use DBS Vickers Cash Upfront trading.
    • Cash Upfront is only applicable to Buy Trades.

    Top up Cash
    • Log in to digibank Online with your User ID and PIN.
    • Under Invest, select DBS Vickers Online Trading and complete the authentication process.
    • Under Make an Investment, select Top Up Cash to DBS Vickers Account.
    • Select the Account you wish to top-up from and indicate the Amount.
    • Click Next and verify the Details of the Transaction, click Submit to complete the top up.

    Note:
    • Top up is immediate during service availability from:
      • 8.00AM to 11.30PM (indicative) on working days Monday to Friday.
      • 8.00AM to 8.30PM (indicative) on the last working day of the month.
    • Currently there is no service charge for cash top up service to your DBS Vickers Cash Upfront Account.
    Withdraw Cash
    • Log in to digibank Online with your User ID and PIN.
    • Under Invest, select DBS Vickers Online Trading and complete the authentication process.
    • Proceed to access DBS Vickers by clicking Next.
    • Under My Account, select Online Fund Withdrawal - Cash Upfront.
    • Enter the amount to withdraw from your DBS Vickers account to your linked DBS/POSB Bank account and click Submit.

    Note:
    • Fund withdrawal will take up to 2 working days to process.
    • A cheque will be issued if there is no linked DBS/POSB Bank account.
    • For more details on settlement mode, click here.
    View Balance
    • Log in to digibank Online with your User ID and PIN.
    • Under Invest, select DBS Vickers Online Trading and complete the verification.
    • Proceed to access DBS Vickers by clicking Next.
    • Under My Account, select Balances.
    • Select Cash Upfront from the right drop down list to view your balance.
    • For a detailed view on how to check your cash balances, click here.

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