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Terms and Conditions for Reduced Commission Rates

1. Reduced Commission rates are applicable for all Cash Plus Accounts from 1 April 2021 to 31 December 2021. For standard rates, please refer to the Cash Plus Infosheet.
2. This promotion is only applicable for ONLINE trades traded through POEMS suite of platforms on these exchanges: SGX, NYSE, NASDAQ and NYSE Amex (collectively “US Markets”), and the Hong Kong Stock Exchange (“HKEx”).
3. Applicable for CPF and SRS funds for SGX.
4. Only Customers who opt-in for Multi-Currency facility and Excess Funds Management facility will be eligible for this promotion.
5. Customers are required to complete the US W8-Ben and acknowledge the Risk Warning Statement in order to trade in the US Markets.
6. Transferring of Securities out of Cash Plus Accounts will be subject to S$64.20 handling fee per counter.
7. The following persons are not eligible to participate in those promotions unless approved by the management of Phillip Securities Pte Ltd (“PSPL”):
8. PSPL institutional Customers and corporate Customers
9. PSPL account holders whose accounts have been suspended, cancelled or terminated
10. All employees of PSPL and its associated entities; PSPL and all its subsidiaries
11. Notwithstanding anything herein contained, PSPL reserves the right at any time in its absolute discretion to (i) amend, add and / or delete any time of these Terms & Conditions without prior notification (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and / or deletions when effected, or (ii) vary, withdraw, or cancel any items or the promotion without having to disclose a reason thereof and without any compensation or payment whatsoever. PSPL’s decision on all matters relating to the promotion shall be final and binding on all participants.
12. By taking part in this promotion, Customer acknowledges that he/she has read and consented to these Terms & Conditions.

Terms and Conditions

1. Waiver condition is at least 1 trade per quarter for the Account. Otherwise, S$16.05 per quarter is chargeable based on March, June, September and December month-end Account balance.
2. Waived for US and HK Foreign Custody fee until 31 December 2021. Please refer to Cash Plus Account Infosheet for charges thereafter.
3. Cash dividend handling fee is 1% on net dividend subject to minimum S$1.07 capped at S$53.50 + foreign fees and taxes (if applicable).
4. For more information, please refer to Cash Plus Account Infosheet. Alternatively, you may wish to opt-in for the Excess Funds Management facility to enjoy potentially greater returns on any surplus funds (credit balance) parked in your account.
5. Interest on debit balance is applicable when you utilise the Margin facility. For more information, please refer to Cash Plus Account Infosheet.
6. Only non-professionals are eligible for the complimentary live price subscription. For details, please visit https://globalmarkets.poems.com.sg/promotions/complimentary-live-price-quotes/

Phillip Securities Pte Ltd (anggota PhillipCapital) memiliki lebih dari 45 tahun warisan di bidang perdagangan dan diawasi oleh Monetary Authority of Singapore (MAS).