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. 3. Europe: USD 75 (Foreignforeign broker fees, settled in SGD) |
| PSPL account -> Other Financial Institution | SGD100 Additional charges (foreign broker fees) apply to the following markets: 1. United Kingdom: USD 25 2. Japan: JPY 1,000 for the first lot, JPY 500 for every subsequent lot, up to a maximum charge of JPY 6,000 3. Australia: USD 12 4. Europe: USD 75 5. Malaysia: SGD 7 courier fee per transfer + SGD 5 per counter |
| PSPL account -> PSPL account (To Prepaid Custodian or Cash Plus account) |
Any other account type To Prepaid Custodian or Cash Plus account: SGD 60 Prepaid Custodian or Cash Plus account To Any other account type: Free Prepaid Custodian To Cash Plus account or vice versa: SGD 20 Additional charges (foreign broker fees) may apply to the following market: |
| Change in Beneficial Owner | |
| PSPL account <-> Other Financial Institution | 0.25% of share valuation (min. of SGD 100). Please check with your external broker for their additional charges. |
| PSPL account -> PSPL account | 0.25% of share valuation (min. of SGD 100). The fee is non-applicable for the following transfers between: |
Important Notes:
- All fees and charges above are based on Per Counter Per Transfer basis and are subject to GST, except additional charges (foreign broker fees).
- PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
- Any out-of-pocket expenses, if any will be borne by the customer.
- For entire portfolio transfer, you may indicate “ALL” under “Name of Securities” and submit a copy of your latest statement with a list of counters to be transferred.
- PSPL reserves the right to reject transfer with change on beneficiary owner for any reason. Please check with your Trading Representative for more information.
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:
- All fees and charges above are based on per counter per transfer basis and are subject to GST.
- PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
- All fees and charges will be charged in SGD or its equivalent
- For entire portfolio transfer, you may indicate “ALL” under “Name of Securities” and submit a copy of your latest statement with a list of counters to be transferred.
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:
- All fees and charges above are based on per fund per transfer basis and are subject to GST.
- PSPL reserves the right to impose other charges or to revise the fees and charges without prior notice.
- All fees and charges will be charged in SGD or its equivalent
