*For bonds cleared via CDP (local bonds only)
We offer clearing of bonds through CDP, allowing you to hold local bonds in CDP.
|Custody Fees (subject to GST)|
|Foreign bonds – bonds cleared via Clearstream / Euroclear||0.05% p.a. on market value of bond (charged on a monthly basis)|
|Local bonds – bonds cleared via Central Depository (“CDP”)||No charge unless otherwise notified by CDP|
|Transfer Fees (subject to GST)|
|CDP to Phillip Securities (“PSPL”)||S$10.00 CDP charges|
|Other Financial Institutions to PSPL||US$18.00 per counter|
|PSPL to CDP||S$100.00|
|PSPL to Other Financial Institutions||S$100.00|
|PSPL to PSPL||S$20.00|
|Account Maintenance Charges (subject to GST)|
|Cash Management Account||No Charges|
|Custodian / Pre-paid Custodian / Margin / Phillip Financial / CashPlus Accounts unless otherwise stated||S$15.00 per quarter|
*All fees and charges above are based on Per Counter Per Transfer basis and are subject to GST.
*PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
Have an enquiry? Get in touch with us at (+65) 6212 1818 or message us below!
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