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What is eDDA?

eDDA refers to electronic Direct Debit Authorisation. You are authorised to initiate an eDDA instruction to set the maximum amount, date range, and preferred account.


eDDA can be initiated via your bank or the Webull App. If you are setting up eDDA via the Webull App, we accept eDDA transactions from the banks listed below.


List of Banks:

1. Development Bank of Singapore Ltd (DBS)

2. United Overseas Bank (UOB)

3. Oversea-Chinese Banking Corp. (OCBC)

4. Standard Chartered Bank (SCB)

5. Maybank

6. Bank of China (BOC)

7. The Hongkong and Shanghai Banking Corporation Limited (HSBC)

8. Industrial and Commercial Bank of China (ICBC)

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