Notice: Cash Collection to Cease at Phillip Securities @ Raffles City Tower, 6th floorLast Updated: August 29, 2019
To drive pervasive adoption of digital and smart technologies throughout Singapore, E-payments have been identified as one of the key enablers in our Smart Nation drive.
Phillip Securities has noticed a considerable decline in cash and cheque payments as more clients increasingly adopt E-payments. As such, we have consolidated our operations and will cease cash collection at our 6th floor @ Raffles City Tower by 13 September 2019 (Friday).
From 16 September 2019, customers may drop their cheques at a Cheque Collection Box on 6th floor @ Raffles City Tower by 3 pm for same day crediting. Any cheques deposited after 3 pm will be processed on the next business day.
We would like to reiterate that the following various E-payments options are available:-
1. Electronic Payment for Shares (EPS)
3. FAST (Fast and Secure Transfers)
6. Internet Bill Payment via POSB/DBS bank, UOB bank, OCBC bank, Standard Chartered bank & Maybank: Please enter 7 digits of your trading account number under billing reference number e.g. trading account “123456”, please enter “0123456”.
7. Telegraphic Transfer: Please provide your bank with our bank account details here. Please also indicate your trading account name and account number on your payment details to ensure that funds received will be correctly credited into your trading account.
Please rest assured that the PhillipCapital Customer Experience will not be affected.
We look forward to serving you.