Monday, May 22, 2017

[Vickers]Need Settlement help

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Hi gurus,

I just linked my CDP account to Vickers and bought a stock last Friday. the stock is now under Pre-Settlement Notifications in my CDP account and Settlement Date 24/5

I activated giro via DBS ibanking on Friday night (after the trade) hoping they will deduct the payment from my bank account on monday (today) since it T+1 for giro (according to vicker FAQ: the payment will be directly debited from or credited to your designated bank account between 12 midnight and 7:00 am on Due Date + 1.)

Since i only activated the giro payment on Friday after the trade is fill. When will they deduct payment from my bank before the settlement date? If i were to do it manually, how should i proceed?

May 22, 2017 at 05:54PM

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from Desaturated

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