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06-07-2014, 03:38 PM
(05-07-2014, 10:34 PM)thefarside Wrote: If you wish to sell via the overseas providers, they will sell at whatever price when the instruction is received and remit the balance of funds back to you.I think the 2nd way is safer if a Local Brokerage can handle everything for me. If not i have to send my stock certificates to US agents.
Another way is to instruct them (the US agent) to transfer whatever electronic stock scrip to a local brokerage, and send them (the local brokerage) the paper stock certificates to convert into electronic scrip, with whatever that is available from the transfer . There is a fee associated with doing this, but is not that high. Once everything is electronic, sell via their online site and withdraw your funds to your SG bank account as normal.
DBS Vickers, OCBC Securities, and UOB Kay Hian can all help with this in terms of procedure (i.e. the letter / written instruction to the US agents for the share transfer).
Thanks.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.