Frequently Asked Questions
Share Builders Plan (SBP)
Can I submit the SBP application form without submitting the GIRO application at the same time?
No, both forms must be submitted simultaneously to set up the SBP account.
Other faq that might help you
- Information Sheet
- What is Share Builders Plan (SBP)?
- What is dollar-cost-averaging method of investment?
- How do I apply for Share Builders Plan (SBP)?
- Can I apply for SBP through POEMS online?
- Who is eligible to apply for SBP?
- Does SBP allow joint application?
- Can I e-Sign the physical GIRO Form or submit a softcopy instead?
- What supporting documents should I prepare for application for Junior Share Builders Plan?
- What is the minimum amount that I have to invest?
- Can I choose the shares that I want to invest in?
- What are the counters available?
- How do I indicate the share counters that I want to invest in?
- What is preferred counter?
- Can I submit the GIRO application to the bank for approval first, and then submit the SBP application afterwards?
- How would I know how many shares I have?
- Can I amend the investment instruction?
- Can I temporarily suspend the SBP?
- How can I re-activate my SBP after it is suspended?
- What will happen if my SBP is suspended?
- If I want to terminate my account, what will happen to my SBP shareholdings?
- How do I pay for my investment?
- Can I use CPF or SRS for SBP?
- Who are the participating banks for this Inter-bank GIRO facility?
- How long does it take for my Interbank GIRO Account to be linked with my SBP?
- What if I do not have enough funds in my bank account?
- Can I change my Interbank GIRO Account for my SBP?
- Can I top-up cash or request a deduction from my Poems Trading account for investment instructions?
- When and how are the purchases executed?
- How are the shares allocated to me?
- How is the SBP handling fee deducted?
- Will my monthly/quarterly GIRO be invested fully?
- How are the excess funds in my SBP Account being handled?
- Can I put the excess funds from the SBP into the Money Market Fund (MMF)?
- How do I sell my shares?
- How can I get the proceeds from selling the shares?
- How do I use the self-tag function for the sell SBP option after completing the order?
- How can I check if SBP liquidation has been successful?
- Can I transfer my SBP shareholdings to my own CDP Account?
- What are the charges involved?
- How will my handling fees be calculated?
- How do I withdraw idle cash out from my SBP cash ledger balance?
- Will I be entitled to the dividend payment?
- What about bonus issue and capital distribution?
- Will I receive entitlements to a rights issue?
- Am I able to subscribe for the rights issues allocated to me?
- Am I able to opt for Scrip Dividends under Scrip Dividends Scheme (SDS)?
- What are the payment methods for subscribing to a rights issue?
- What if the share counter that I am buying is suspended / halted on the execution day?
- Does a minor holding US citizenship qualify to apply for the Junior Share Builders Plan?
- Who can I contact for more detailed information with regards to SBP?
- SBP Forms
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