Frequently Asked Questions
Cash Management (KC) Account
Information Sheet
What is Cash Management (KC) Account? How is this different from my existing account?
Can this account hold foreign currencies?
Do I get any interest/returns from the credit balance I maintain in my Cash Management (KC) Account?
What is Excess Funds Management Facility?
How can I check my positions and returns under the Excess Funds Management Facility?
Is Cash Management (KC) Account chargeable?
Can I open a Cash Management (KC) Account if I am overseas?
Can I open a Joint Cash Management (KC) Account ?
Can I open a Corporate Cash Management (KC) Account?
Can I sell my existing shares through Cash Management (KC) Account?
Can I sell shares allotted through IPO?
Where will the sales proceeds be in after I have sold off my Shares/Unit Trusts using my Cash Management (KC) Account?
How do I deposit cash into my Cash Management (KC) Account?
How do I withdraw my money from Cash Management (KC) Account?
Does Cash Management (KC) Account provide Margin/Financing facilities?
What is the processing time for the online cash withdrawal?
Can I use my Cash Management (KC) Account to trade through my remiser?
If I have an existing Cash Trading Account with Phillip Securities, can I convert it to Cash Management (KC) Account?