DBS Treasures Account Type

DBS Treasures offers a variety of trading accounts tailored to meet the diverse needs of investors. The primary account types include:

• DBS Treasures Trading Account: This account allows clients to trade stocks across seven major markets including Hong Kong, Singapore, the United States, Canada, Japan, Australia, and the United Kingdom. It features competitive commission fees, such as 0.35% for US stocks and ETFs, and 0.20% for HK stocks. Clients can also access over 250 different funds in 10 currencies.

• DBS Wealth Management Account: This account is designed for clients with investable assets of at least SGD 350,000 or HKD 1 million. It offers customized portfolio insights, trading ideas, and a comprehensive suite of wealth management solutions.

• DBS Treasures Private Client Account: This premium account is for high-net-worth individuals, providing exclusive investment opportunities and personalized wealth management services.

DBS Treasures Broker Account Opening Process

Opening a broker account with DBS Treasures involves a straightforward process:

• Eligibility Requirements:
• Must be aged 18 or above.
• For DBS Treasures, a minimum deposit of HKD 1,000,000 (or equivalent) is required.
• Joint accounts are allowed with a maximum of two account holders.
• Required Documents:
• Identity document (such as a passport).
• Valid proof of residential address issued within the last three months.
• Account Opening Steps:
• Visit any DBS branch with the required documents.
• Alternatively, make an online appointment for account opening.
• After submitting your application, you will receive a confirmation email and call.
• Account Activation:
• Once your account is approved, you can start trading immediately through the DBS Digibank app or online platform.

For more detailed information, you can visit the DBS Treasures account opening page.