Frequently Asked Questions

Stocks

 What are the steps to transfer foreign shares from another securities firm to Phillip Securities?


  1. Step 1: You have to give instructions to that securities firm to transfer the shares to Phillip Securities Pte Ltd.

The letter should clearly state:

  • Name of security to be transferred
  • Quantity of shares to be transferred
  • If it is a securities firm based in Singapore, you need to instruct them to liaise with Foreign Shares Transfer department (ForeignSharesTrf@phillip.com.sg)
  • If it is a securities firm based in the US, you must provide custodian details which can be obtained from Foreign Shares Transfer department
  1. Step 2: You have to provide Phillip Securities with corresponding instructions to receive the shares. Instructions has to clearly state:
  • Name of Security to be transferred
  • Quantity of shares to be transferred
  • If it is a securities firm based in Singapore, please give us the name and telephone number of the contact person from the transferring securities firm
  • If it is a securities firm based in the US, please give us custodian details of transferring broker (ie. Name and DTC of the US transferring broker)
  • Your Phillip/POEMS trading account number

Securities and Bonds Transfer Form

Please complete this form to transfer foreign shares from other broking house into your account with us.

Attention: Equities Ops
250 North Bridge Road
#06-00, Raffles City Tower
Singapore 179101

Please contact your trading representatives for more information

(There are no charges for transferring shares to Phillip. However, it is important that you check with the delivering securities firm as to whether there are any charges for transferring your shares out)


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