Opening Singapore / Offshore Account Remotely from HK

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Interesting thread. Since you mentioned SG, have you seen Standard Chartered SG online trading fees? There is no annual custody fees, trading fees are 0.2% for priority banking customers (S$200,000).

Why does it have to be a bank I wonder? Safety concerns?

@john_1122, if I may ask opening JB HK account where is your actual trading account / investments kept? If it is Switzerland, is the 0.5% trading fees including of 0.15% stamp duty?

Just reviving this thread. Anyone had any luck with SCB in Singapore for trading account, opening it out of Hong Kong.

I am revisiting PB for buy and hold ETF, where account is booked out of Singapore but banker is in HK.

Looking to see if its worthwhile as opposed to Swissquote Lux or HSBC Expat from a CS perspective.

[dxb]

Just reviving this thread. Anyone had any luck with SCB in Singapore for trading account, opening it out of Hong Kong.

I am revisiting PB for buy and hold ETF, where account is booked out of Singapore but banker is in HK.

Looking to see if its worthwhile as opposed to Swissquote Lux or HSBC Expat from a CS perspective.

SQ Lux trading platform is much more user friendly than SCB SG. Also unfortunately most ETFs on German XETRA are not available with SCB SG for some reasons. But if you don't care about XETRA then SC SG is a good choice, especially with no custody fees.

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SQ Lux trading platform is much more user friendly than SCB SG. Also unfortunately most ETFs on German XETRA are not available with SCB SG for some reasons. But if you don't care about XETRA then SC SG is a good choice, especially with no custody fees.

Were you able to open SCB SQ from HK?

[dxb]

Were you able to open SCB SQ from HK?

I was SCB customer for many years as former SG resident but I opened SCB / SQ Lux trading accounts as UAE resident without any problems. So HK residents should have no problems either.

[timmie]

Were you able to open SCB SQ from HK?

I'm in the middle of doing this. You have to open a regular bank account with SCB SG first, then you can open a trading account. As you know there is currently a long waiting time to open Singapore accounts from HK with the major banks. I've just opened mine and am just now getting on to applying for the trading account.

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I'm in the middle of doing this. You have to open a regular bank account with SCB SG first, then you can open a trading account. As you know there is currently a long waiting time to open Singapore accounts from HK with the major banks. I've just opened mine and am just now getting on to applying for the trading account.

Thanks for that. Seems you were able to sort this out remotely (i.e. via HK). Who did you contact do deal with all of this, was it via your RM in HK or directly with SCB Singapore?

[drumbrake]

I don't know if this is any help - a lot of these finance discussions are way over my head - but I was able to open a DBS Singapore account from Hong Kong via my RM at DBS HK - painless and quick.

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I don't know if this is any help - a lot of these finance discussions are way over my head - but I was able to open a DBS Singapore account from Hong Kong via my RM at DBS HK - painless and quick.

OK, that is good to know. May also consider DBS. Basically am keen to get my investments out of HK.

[Hkemail888]

I don't know if this is any help - a lot of these finance discussions are way over my head - but I was able to open a DBS Singapore account from Hong Kong via my RM at DBS HK - painless and quick.

What account do you have? “Normal”, treasures, treasures private or private? Minimum assets are 200k 1M 8M and 25M respectively

[dxb]

DBS Singapore is a great choice, however their trading markets offer is much more limited than SCB SG and DBS is charging 0.2% custody fees, which can be a lot depending on the portfolio.