Account Related

Online Account Opening FAQ

How do I apply for a DBS Vickers trading account via iBanking?

Follow these 5 simple steps

  1. Log in to iBanking
  2. Click on “Invest” or “Open” tab
  3. Select “DBS Vickers Online Trading Account”
  4. Complete the online application
  5. Click “Submit”

What are the pre-requisites to open a DBS Vickers trading account online?

To open a trading account online, you must fulfill the following requirements:

  • An existing DBS/POSB savings or current account
  • Not an existing DBS Vickers customer

Are there any supporting documents required to open a DBS Vickers trading account online?

Yes, you will need to attach your supporting documents(s) to complete the online application.

For Singaporean/Permanent Resident

  • Front and Back of NRIC

For Malaysian

  • Front and Back of NRIC

For Foreigners

  • Passport (with at least 6 months to expiry)
  • Front and Back of Employment Pass (if applicable)

How long will it take for my application to be processed?

Applying a DBS Vickers trading account online will reduce the account opening process to 3-5 working days.

If I do not have an existing CDP account, can I still open a DBS Vickers trading account online?

Yes, you can still apply for a DBS Vickers trading account online.

However, if you would like to trade in the Singapore Stock Exchange, you will need to open a Central Depository Account (CDP).

To find out how you can open a CDP account, you may contact us at 6327 2222 or email tradeonline@dbsvickers.com

What are the forms required in order for me to trade in the US market?

You would need to complete the W8BEN form and mail it to us using the business reply envelope once your trading account is successfully opened.

If I have selected GIRO as my settlement mode, do I need to set up my GIRO arrangement?

Yes, you will still need to setup your GIRO arrangement. You may set up your GIRO arrangement via iBanking or mail us the completed GIRO application form. Please click here for more information.