What is an Optimal Cash Account?
An Optimal Cash Account allows you to earn potential enhanced returns on your idle funds and at the same time enjoy the ease and convenience of settlement for your trades. With Optimal Cash Account, you can also choose to invest your excess funds in the DBS Enhanced Income Fund (EIF) which is managed by DBS Asset Management Ltd, one of the most experienced investment managers in Singapore or place it in Singapore Dollar deposits to earn interest. In addition, you can also take advantage of the margin facilities offered by this account using the Optimal Cash Account balance as collateral.
Related Questions
- If I have a Margin Financing account, can I apply for two Optimal Cash Accounts ie. One to be tagged to my ordinary trading account and the other to be tagged to my Margin Financing account?
- How do I request for a re-print of the Optimal Cash Account monthly statement in the event of non-receipt?
- How can I obtain more information on the Optimal Cash Account?
