Account Opening Documents

Note:

  • All applicants must be 18 years old and above.
  • For cash management or cash trading account, you need to open an accompanying CDP account with The Central Depository Pte Ltd. which requires the applicant to sign on application form in the presence of an authorised officer at Phillip Securities Pte Ltd.

The following docmuents must be provided for account opening.

Account Application form (Individual)

Individual Add Consent form for PDPA and Tax form: Consent to use for personal data under personal data protection act and Additional declaration & Acknowledgement – compliance with tax requirement.

CAR/CKA form
The Customer Account Review (CAR) enables us to assess whether you can trade in listed SIP products. The Customer Knowledge Assessment (CKA) enables us to assess whether you have the relevant knowledge or experience to understand the risks and features of an unlisted SIP.

W-8BEN form
W-8BEN Form is a requirement by U.S. Inland Revenue Service for account holder to declare that the beneficiary owner of the amount received from US sources is not a US person. Submission of this Form is compulsory. Please note that U.S Persons/Canada Citizens/US Taxpayers re not eligible to trade ins U.S. markets through Phillip Securities Pte Ltd.

RWS Form
RWS form is a risk warning disclosure which highlights the key risks that customers should be aware of before trading in overseas-listed investment products. These included differences in legal system, regulatory regime, political, social and economic developments as well as differences in costs, counterparty and correspondents broker risks between the foreign jurisdictions and Singapore.

To trade overseas-listed investment products, please acknowledge the Risk Warning Statement (RWS). Please do so to avoid disruption to your trading activities.

For applicants residing in Singapore

Citizenship Documents Required
Singapore Citizens / Singapore PRs Singapore Identity Card
Malaysian Citizens Original Malaysia Identity Card
Either of the below supporting documents to verify mailing address in:-
1) Singapore
2) Home country:
–    Utility Bills
–    Income Tax Assessment
–    Statement from a Bank regulated by MAS
–    Statement from any of the statutory boards or government bodiesNote:
–    Applicant name and address reflected on all identification documents must be the same as that indicated on the account application form.Account opening documents mailed in must be certified by an authorised officer from Phillip Securities Pte Ltd or the Notary Public
Other Nationalities Original Passport
Either of the below supporting documents to verify mailing address in:-
1) Singapore
2) Home country:
–    Utility Bills
–    Income Tax Assessment
–    Statement from a Bank regulated by MAS
–    Statement from any of the statutory boards or government bodiesNote:
–    Applicant name and address reflected on all identification documents must be the same as that indicated on the account application form.Account opening documents mailed in must be certified by an authorised officer from Phillip Securities Pte Ltd or the Notary Public

For applicants residing outside Singapore

Please contact talktoglobalmarkets@phillip.com.sg for further details.