Frequently Asked Questions

Payment & Settlement

 Are there any charges when I withdraw funds from my trading account to my bank account?

Phillip Securities Pte Ltd (PSPL) does not levy any charges for withdrawal associated with trading activities. However, should you choose the cheque or telegraphic transfer payment option, a handling fee will be applied. Withdrawal requests not related to trading activities, PSPL will impose a processing fee of 0.2%, with a minimum of SGD 20, and a maximum cap of SGD 100 per withdrawal.

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