Frequently Asked Questions
Corporate Actions
What is Cash in Lieu (CIL)?
CIL is the payment made in lieu of any fractional share entitlement from certain corporate action.
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- What is Cash in Lieu (CIL)?
- What will happen to the fractional share/CIL resulting from corporate action?
- Why does Phillip Securities go cheque-free?
- How do I receive my SGD cash balances from my Cash Trading account?
- How do I apply for EPS service?
- What happens when Phillip Securities goes cheque-free and I do not sign up for EPS/Giro service for my Cash Trading account?
- What is the fee for withdrawal of cash balance from my Cash Trading Account?
- How do I log in to submit my corporate action instructions?
- Will I receive a confirmation notification on the completed submission from Phillip Securities Pte Ltd?
- Can I amend my Corporate Action Event response if I have a change in mind after submitting?
- Is there an option to create a standing instruction?
- How do I cancel the standing instruction I have submitted?
- Will I receive any notification when a Corporate Action that required my attention is posted?
- What will happen if I miss the Closing Date for instruction submission for the corporate action event?
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