Frequently Asked Questions

GIRO

 Will the proceeds from sale of unit trusts be credited to my bank if I have GIRO?


If your Phillip Account type is the older cash trading account with Giro linkage to DBS/POSB, the sales proceed will be paid directly to your bank account. For cash management, custodian, margin and Phillip financial accounts, the sales proceeds will be paid into your trading account.  

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