You may view the respective brokerage fees in the following links:
Fees, Charges & Settlement
|United States||USD20 Flat
|China A Share (SZ-HK Stock Connect)||0.18%||CNY88|
|China A Share (SH-HK Stock Connect)|
|Other Markets||As published|
Information is correct at time of posting
|Cash Offer, Rights Issue, Privatization Exercise, Merger & Exchange, Liquidation, Redemption of Warrant, Loan Stock or Bonds,
Capital Distribution, Tender Sales, Warrant Conversion
|SGD 10.70 (inclusive of GST)
plus foreign broker fees where applicable
|Phillip Securities to External Broker||SGD 53.50 per stock per transfer (inclusive of GST)
Additional charges apply to the following markets:
UK: USD 25 (Foreign broker fees, settled in SGD)
JP: JPY 1,000 for the first lot, JPY 500 for every subsequent lot, up to a maximum charge of JPY 6,000 (settled in SGD)
AU: USD12 (Foreign broker fees, settled in SGD)
|External Broker to Phillip Securities||No charge by Phillip Securities Pte Ltd. Please check with your external broker for their charges.
Fees are subject to changes without prior notice.
|Time required to transfer shares to Phillip Securities||This varies. It depends when the external broker transfers out the shares electronically. Under normal circumstances, once shares are transferred out by the external broker, it takes 2-3 days for Phillip Securities to receive the shares.|
Note: Share transfer facility is not available in selected markets. Rates may change from time to time at the discretion of Phillip Securities Pte Ltd
|Net Dividend||Dividend Charges|
|<SGD 100||SGD 1.07 (inclusive of GST)|
|>SGD 100||1% of net dividend up to a max. of SGD 53.50 (inclusive of GST)|
|GST will be charged on dividend charges and is applicable for Singaporean and Singapore PRs.|
|Scrip Dividend||S$10.70 (inclusive of GST)|
Note :Dividends are subject to tax at source. Tax rates vary according to the respective country’s tax rates. Charges may change from time to time at the discretion of Phillip Securities Pte Ltd. Both Cash and Scrip Dividends are subject to foreign broker fees (if applicable).
|Monthly||SGD 2 per stock up to a max. of SGD 150 per quarter (7% GST applies)
Monthly charges are automatically waived if there are at least
(a) two trades in your trading account in the same calendar month, regardless of trade size in local or foreign shares OR
(b) six trades in your trading account in the same calendar quarter, regardless of trade size in local or foreign shares OR
(c) SGD 132 of paid brokerages in the same calendar quarter
If you hold foreign shares in two separate Phillip Securities trading accounts, you will be billed according to the shareholdings in each account. You can request to consolidate your holdings into one account by emailing firstname.lastname@example.org.
Margin or custodian account holders will be charged custodian charges automatically. Cash account holders may settle the invoice by cheque or through your bank’s electronic payment services.
|Courier Fee (<20 certificates)||S$46.00|
|Courier Fee (>20 certificates)||S$2.30 per certificate|
|Phillip Securities Pte Ltd Handling Fees||S$10.70 (inclusive of GST)|
|Foreign Broker Fees||USD100 (to be converted to S$)|
|Scrip Charge||S$1 per Transfer Form (Each Transfer Form can only hold up to 5 certificates)|
|Courier Fees (<20 certificates)||S$21|
|Courier Fees (>20 certificates)||S$1.05 per certificate|
|PSPL Handling Fees||S$10.70 (inclusive of GST)|
Rates may change from time to time at the discretion of Phillip Securities Pte Ltd.
There are other miscellaneous fees for physical scrips deposition. For more details, please send in your enquiry to email@example.com
You can pay by any of the following payment methods:
- Cheque, payable to “PHILLIP SECURITIES PTE LTD“
- EPS (notify your assigned Trading Representative)
- Debit from clients’ trading accounts if there are sufficient funds in their Phillip Financial, Cash Management or Investment account (clients must indicate their instructions in the “Remarks” column).
Note: We will not initiate share transfer before receiving payment from clients.
|Method||Purchase Settlement Date||Sales Settlement Date|
|EPS||Due date, before 09:00pm||Due date +2 (market days)|
|Cheque||Due date, before 05:00pm||Due date +1 (market days)|
|Cash||Due date, before 05:00pm||N.A|
|GIRO||Due date +1 (market days)||Due date + 1 (market days)|
GIRO is only applicable for SGD settlement. For convenience, you may opt for GIRO payments through POSB or DBS bank when you make purchases in your ordinary Cash Trading accounts. GIRO is only applicable for Phillip Cash Trading accounts.