Frequently Asked Questions
GIRO
When will contra losses/gains be settled under GIRO?
For contra losses: The bank will deduct the funds on the contra statement date +1.
For contra gains: The gains will be credited to your bank account on the contra statement date +1.
Other faq that might help you
- What is the purpose of GIRO?
- Can I sign up for both Electronic Payment for Shares (EPS) and GIRO?
- I have a cash trading account with GIRO linkage, when will the bank deduct the fund for my purchase?
- When will the GIRO service take effect?
- I have a cash trading account with GIRO linkage, when will I receive my sales proceeds?
- Can I do contra in my Cash Trading account with GIRO linkage?
- How do I delink my RSP GIRO linkage?
- Can I cancel my GIRO arrangement?
- Is the GIRO arrangement applicable to both Shares and Unit Trusts?
- How do I apply for GIRO online?
- When will the funds be deducted for lump-sum investments & under the Regular Savings Plan (RSP)?
- Can I sign up for the Share Builders Plan (SBP) without submitting the GIRO application?
- Can I submit the GIRO application for bank approval first, and then submit the SBP application afterward?
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