DBS Vickers Cash Upfront Account is a prefunded account in which you will need to top up sufficient cash into the account before executing a trade.
Effective 10th March 2024, Cash Top-up service via DBS iBanking to DBS Vickers will no longer be available. To continue trading via cash upfront settlement mode, please link your DBS Vickers individual trading account to an individual DBS Multi-Currency Account (MCA). To find out more on MCA linkage, click here.
Note:
All SG trades placed via DBS Vickers Cash Upfront Account will enjoy a competitive commission rate of 0.12%. The minimum commission for trades denominated in foreign currencies are as follows:
Log in to your DBS/POSB iBanking account, mouse over the “Invest” tab and click on “DBS Vickers Online Trading”. Click on “My Account” and select “Fund Withdrawal – Cash Upfront Account”.
Note: Fund withdrawal will take up to 2 working days to process.