Share/Bond/Unit Trust Transfer

Share Transfer (SG market)

No Change in Beneficial Owner (Between Own, Joint Or Immediate Family Member) Transfer Fees
CDP -> PSPL account (CDP4.2 form) SGD10
Other Financial Institution -> PSPL account Waived
PSPL account -> CDP SGD20
PSPL account -> Other Financial Institution SGD100
PSPL account -> PSPL account
(other than Prepaid Custodian and Cash Plus account)
SGD20
PSPL account -> PSPL account
(To Prepaid Custodian or Cash Plus account)
SGD60
Change in Beneficial Owner (Off Market Transfer)
PSPL account -> CDP 0.25% of share valuation (min. of S$100) +
2 x [0.015% of share valuation (min. of S$75)]
PSPL account -> PSPL account
PSPL account <-> Other Financial Institution 0.25% of share valuation (min. of S$100) +
[0.015% of share valuation (min. of S$75)]
Change in Beneficial Owner (Between Related Company OR It’s Shareholders/Directors)
PSPL account -> CDP SGD 50 + 2 x [0.015% of share valuation (min. of S$75)]
PSPL account -> PSPL account
PSPL account <-> Other Financial Institution SGD 50 + [0.015% of share valuation (min. of S$75)]

Business reply envelope for CDP4.2 form

Share Transfer (Non SG market)

No Change in Beneficial Owner
Other Financial Institution -> PSPL account No charge by PSPL. Please check with your external broker for their charges.
Note:
1. For US transfer via Direct Registration System “DRS”, there will be a foreign broker fee of USD 50.
2. To transfer holdings from Issuer Sponsored to Broker (CHESS) Sponsored, there will be foreign broker fees of AUD 50 and courier fees of SGD 32.
PSPL account -> Other Financial Institution SGD100
Additional charges apply to the following markets:
1. UK: USD 25 (Foreign broker fees)
2. JP: JPY 1,000 for the first lot, JPY 500 for every subsequent lot, up to a maximum charge of JPY 6,000
3. AU: USD 12 (Foreign broker fees)
PSPL account -> PSPL account
(To Prepaid Custodian or Cash Plus account)
SGD 60
Change in Beneficial Owner 0.25% of share valuation (min. of S$100)

Important Notes:

  1. All fees and charges above are based on Per Counter Per Transfer basis and are subject to GST.
  2. PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.

Bond Transfer

Bond Transfer Transfer Fees
CDP -> PSPL account (CDP4.2 form) SGD10
Other Financial Institution -> PSPL account (Clearstream / Euroclear) USD18
PSPL account -> CDP SGD100
PSPL account -> Other Financial Institution SGD100
PSPL account -> PSPL account SGD20

Important Notes:

  1. All fees and charges above are based on per counter per transfer basis and are subject to GST.
  2. PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
  3. All fees and charges will be charged in SGD or its equivalent

Unit Trust Transfer

Type of Transfer Transfer fee
Transfer from PSPL to Other Financial Institution SGD100 per fund is applied for subscription trades completed on POEMS within the last three months prior to the date of transfer request.

Important Notes:

  1. All fees and charges above are based on per fund per transfer basis and are subject to GST.
  2. PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
  3. All fees and charges will be charged in SGD or its equivalent