Regular Savings Plan
Set Up or Update Unit Trust Regular Savings Plan (RSP)
This service allows you to set up a Regular Savings Plan to invest into Unit Trust. You can also amend your existing Regular Savings Plans using this service.
Features
- The minimum investment amount varies from fund to fund. Generally, the minimum initial investment amount for most unit trusts is S$1,000. For subsequent investments, the amount is lower, usually between $200 and $500. Please refer to the respective fund prospectus for more details.
- You can pay for your Unit Trust purchase by debiting the funds from your existing Personal or Joint-alternate Savings, Savings Plus, Current or AutoSave accounts.
- A GIRO arrangement will be created for the monthly debiting of the specified amount from your account.
Set Up or Update Exchange Traded Fund Regular Savings Plan (RSP)
This service allows you to set up your Regular Savings Plan to invest into Exchange Traded Fund (ETF).
Features
- There is no minimum initial investment amount required for an Exchange Traded Fund Regular Savings Plan. The minimum monthly investment amount for an Exchange Traded Fund Regular Savings Plan is S$100 and in multiples of S$100. The maximum numeric input is 13 digits.
- You can pay for your Exchange Traded Fund Regular Savings Plan purchase by debiting the funds from your existing Personal or Joint-alternate Savings, Savings Plus, Current or AutoSave accounts. Simply select the account that you wish to use as the debiting account.
- A GIRO arrangement will be created for the monthly debiting of the specified amount from your account.
View or Delete Regular Savings Plan (RSP)
This service allows you to view or terminate your Regular Savings Plan (RSP). You can use this service to enquire and to terminate your existing RSP on DBS iBanking.
When a Regular Savings Plan is terminated, the GIRO arrangement for debiting the specific account will also be terminated.