Redeem Holdings for Unit Trust/ Invest-Saver
Learn how to redeem your Unit Trust/ Invest-Saver holdings easily via digibank.
How to redeem holdings for Unit Trust/ Invest-Saver
There are various channels which you may redeem holdings for Unit Trust/ Invest-Saver with us. The most convenient method would be via digibank mobile.
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- Log in to digibank online with your User ID and PIN.
- Complete the Authentication Process.
- Under Invest, click on More Investment Services.
- Under Manage Investments, click on Redeem Unit Trust or Exchange Traded Fund (ETF).
- Select your Investment Account from the dropdown and click Search.
- Click on Sell for the ETF/ Unit Trust plan that you wish to redeem for.
- Enter the number of units to redeem, select the Crediting Account and click Next.
- Verify the redemption details and click Submit to submit your redemption request.
More information
- Minimum redemption and minimum holding amount varies from unit trust to unit trust. Refer to the respective unit trust's Prospectus and Product Highlights Sheet for more details.
- Minimum holding amount for Exchange Traded Funds is S$100. Redemption of Exchange Traded Funds on digibank online is applicable for Exchange Traded Funds purchased from DBS in cash only and held by you in a singly basis.
- Redemption proceeds will usually be credited to your designated account within 7 business days from the submission of your redemption request on digibank online.
- A confirmation advice will be sent to you to confirm the amount of your redemption proceeds.
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