Important Announcements

Notice: In line with Singapore’s SMART Nation agenda to go cheque-free by 2025, all retail securities broker firms will progressively go fully cheque-free for all SGD payments

Last Updated: October 19, 2022

By 14 Nov 2022, all Cash Trading Accounts NOT linked to EPS/GIRO will be converted into Cash Management (KC) Accounts with a multi-currency (OFFSET) facility.

By 1 Jan 2023, Phillip Securities will be unable to receive SGD cheque payments. For more info, please contact your Trading Representative.

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