Frequently Asked Questions
Recurring Plan
What is the difference between Recurring Plan, Share Builders Plan and Unit Trust Regular Savings Plan?
| Recurring Plan | Share Builders Plan | Unit Trust Regular Savings Plan |
|
|---|---|---|---|
| Counters Available | All US, Hong Kong and Singapore counters |
39 Singapore Counters | More than 500 funds |
| Frequency | Opt for Daily, Weekly, Monthly or Quarterly |
Monthly | Monthly or Quarterly |
| Minimum Amount | $100 | $100 | $100 |
| Payment Mode | Fund transfer, Debit from ledger/ Money Market Fund(MMF) | GIRO | GIRO |
| Account Type | Phillip Investment Account | ||
| Charges / Handling Fees | Prevailing account brokerage rates apply |
S$6 (≤2 counters) S$10 (≥3 counters) |
0% Sales Charge |
Other faq that might help you
- How do I set up a Recurring Plan?
- What are the benefits and risks of a Recurring Plan?
- Which type of Stocks and ETFs are suitable for Recurring Plan?
- Which account types are eligible for Recurring Plan?
- What is the minimum value that I can place for an order from Recurring Plan?
- What price will be submitted for the orders of Recurring Plan?
- What are the different intervals available for Recurring Plan?
- Is Recurring Plan available for both buy and sell orders?
- What are the charges for orders done under Recurring Plan?
- What currencies can I use to settle the orders that are executed from Recurring Plan?
- How can I settle my executed orders?
- What is an example of a Recurring Plan?
- What if I do not have sufficient funds in my account when payment for an order from my Recurring Plan is due?
- Can I cancel my Recurring Plan anytime?
- Will there be any additional charges for cancelling my Recurring Plan?
- Why was my Recurring Plan order rejected?
- What is the arrangement if there are any corporate actions or dividend?
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