Phillip Investment Account – Custodian (C)

Both applicants must be above the age of 21 years old in order to open a joint Custodian (C) Account.
No. You would have to transfer the shares into Custodian (C) Account before you can sell them.
No. You would have to transfer the IPO shares into Custodian (C) Account before you can sell them.
Yes, we will automatically waive the monthly charges if you have at least two trades in your account for the month, regardless of trade size and whether you trade local or foreign shares in that account.
Yes, as long as a minimum of 1 trade (regardless local or foreign and regardless of trade size) is performed Custodian (C) Account in the quarter. Quarterly trading activity is assessed at the end of March, June, September and December.
You can transfer the shares by signing the relevant share transfer forms. Please contact your trading representative for a copy of the form.
It will take around two working days for the shares to be transferred into your Custodian (C) Account.
Your Custodian (C) Account will be ready for trading within five working days upon receiving your completed application if all the requirements are met.
The time it takes to open an account from overseas depends on the postage time required to send the forms to you and for you to return the completed forms back to us. Once the account is opened, we will send the Internet password via mail to you. The whole account opening process may take approximately two weeks or more.
  1. You need to be 21 years old and above to open an account with us.
  2. Your account opening documents need to be certified by a public notary, commissioner of oaths, or judicial officer.
  3. You must not be blacklisted with the Singapore Exchange (SGX) or with any other securities firm or have any delinquent account with any other securities firm.
Those who wish to open a Custodian (C) Account must be above the age of 21 years old and must not be blacklisted or found to be delinquent by the Singapore Exchange (SGX) or other securities firms.

For Cash Management, Custodian, Prepaid, Margin, and Cashplus accounts:

From 26 October 2020, all new accounts will be auto enrolled with this feature. An auto currency conversion process will be performed  at 7.15pm based on prevailing rates to offset any currency in debit balance by utilizing currencies in credit balance according to currency hierarchy set up in our system. The hierarchy of currencies to be utilized for offsetting in descending order: SGD, USD, HKD, CNY, JPY, AUD, GBP, EUR, CAD, & MYR.

To opt in/out from this facility, please contact your Trading Representative.


For trading accounts that are not opted in for the above feature, clients are required to take the necessary steps to either transfer money into the trading account or submit a currency conversion request to avoid being charged debit interest.

Contact us to Open an Account

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