Charges & Commission Rates FAQ
Charges & Commission Rates FAQ
What are the costs for opening an account with DBS Vickers?
No initial deposit or fee is required to open an account with DBS Vickers. Additionally, there are no annual fees, account maintenance fees or minimum balance requirements.
Does DBS Vickers charge any custodian fees?
Yes. DBS Vickers will charge SGD 2 per stock per month and capped at SGD 150 per quarter. We will waive the custodian fee if there are at least 2 transactions per month or 6 transactions per quarter.
Please note that custodian fees will be chargeable every quarter on the 11th of January, April, July and October, or the next working day if falls on a non-working day. Charges will be debited from customers’ Multi-Currency Account.
What are the commissions and charges?
Click here to find out more on our commission charges.