Frequently Asked Questions
Auto Currency Conversion
What is multi-currency facility?
Multi-currency facility provides an added advantage for you to maintain foreign currency balances (USD, HKD, AUD, MYR, JPY, GBP, EUR, CNY and CAD) in your account for the management of your foreign currency denominated investments. Settlement of your transactions can either be in the traded currency or in SGD. However, your account must have sufficient funds in the settlement currency to avoid incurring interest on debit balances.
To opt-in multi-currency facility, please login to POEMS > Click Stocks > Acct Mgmt > on the left panel, click Online Forms > Currency Conversion > select Opt in for Multi-Currency facility > submit and enter your POEMS password to confirm your submission.
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