Trading commission
View all commission and charges


Custodian fees 
The custodian fees for foreign securities are as follows:

Foreign custodian fees	S$2 per counter (per month)
Fee exemption	If clients make at least 2 transactions per month for that particular month If clients make at least 6 transactions per quarter for the entire quarter If the foreign security is delisted at the point when our company is computing the fees
Mode of billing	Invoiced quarterly in arrears subject to a maximum of S$200 per quarter
Mode of payment	For client with GIRO facilities with OCBC Securities, the fees will be debited from client’s designated Bank account anytime during the first week of new quarter. For client with sales proceeds, contra gains, dividends payable, or trust account balances, the fees will be automatically deducted from these amounts once they are due. Alternatively, you may make payment via EPS.

Bonds Portfolio Fees

Portfolio fees are charged on Bonds at 0.0025% of market value per month for all markets except for Singapore market.

Portfolio fees will be billed to clients on a quarterly basis.

There are no portfolio fees charged for Bonds in the Singapore market.



Handling fees

Handling fees for SGX securities held with OCBC Securities are waived until further notice.

Foreign securities held with OCBC Securities are subject to the following handling fees:

Mandatory Events
S/N	Type	Handling Fee
1	Cash Dividend	1% on net dividend (min S$3, max S$50) 9% GST or equivalent depending on payment currency
2	Coupon (Fixed Income Coupon)	S$10.90 (inclusive of GST) or equivalent depending on payment currency
3	Capital Distribution
4	Redemption
Mandatory with Options Events
5	Dividend with Option	S$10.90 (inclusive of GST) or equivalent depending on payment currency
6	Dividend with Stock Reinvestment
7	Dividend with Currency Option
Voluntary Events
8	Cash/ Tender/ Takeover Offer	S$10.90 (inclusive of GST) or equivalent depending on payment currency
9	Rights Exercise
10	Expiry of Warrants
11	Warrants Exercise Processing

Cash dividend handling fees for shares custodised under Share Financing Accounts are waived for all markets.

For Singapore and Malaysia markets, buy positions have to be paid or sold off (contra) latest by the due date, failing which the company shall at its discretion force-sell the unpaid purchases. 

You should not sell any unpaid purchases after the due date. If you are selling of your outstanding purchases after the due date results in a short position that is bought in by stock exchange authorities, any losses arising will be debited to your account.

Regional bourses	Due date
Singapore	Trade date + 2 market days
Malaysia	Trade date + 2 market days
Hong Kong	Trade date + 2 market days
Thailand	Trade date + 2 market days
Philippines	Trade date + 2 market days
Indonesia	Trade date + 2 market days
United States	Trade date + 1 market day
United Kingdom	Trade date + 2 market days
China B	Trade date + 3 market days
Japan	Trade date + 2 market days
Australia	Trade date + 2 market days

1. GIRO Service	If your trading account is linked to your designated Bank account under GIRO service, your purchases / contra losses / sale proceed / contra gains will automatically be deducted / credited to your account on due date* + 1 market day or one market day after the contra date, in SGD. Kindly ensure that your bank account has sufficient funds for the GIRO deduction. Available bank : OCBC, DBS/POSB and UOB
2. PayNow	You can now perform instant fund deposit using PayNow to your iOCBC Trading Account's Trust from your bank account anytime, anywhere. This is applicable where the debiting account is a bank account with PayNow services. Follow these simple steps to deposit funds using PayNow into your iOCBC Trading Account from your bank account. PayNow via iOCBC Mobile Trading Platform: 1. Upon login, go to Menu and select Deposit Funds. 2. Click on PayNow, input deposit details and Generate QR. Please transfer from a bank account under your name. 3. Tap on the QR code to save it to your photos. 4. Once saved, log in to your preferred banking app and open the Scan & Pay function. 5. Import the QR code from your photo library, confirm the amount and recipient name in your banking app, then submit. 6. You will be notified when the transaction is successful. 7. Confirm that amount is correctly reflected in your Trust Ledger within 15 minutes after transfer. Otherwise please contact us at 1800 338 8688. PayNow via iOCBC Online Trading Platform (Web): 1. Upon login, go to Payments & Ledgers on Menu and select Deposit Funds. 2. Input deposit details and Generate QR. Please transfer from a bank account under your name. 3. Check your deposit details, proceed with the Scan & Pay function on your preferred banking app. 4. Confirm the amount and recipient name in your banking app, then submit. 5. You will be notified when the transaction is successful. 6. Confirm that amount is correctly reflected in your Trust Ledger within 15 minutes after transfer. Otherwise, please contact us at 1800 338 8688. Note: No third-party transfer is allowed for fund deposit using PayNow.
3. Electronic Payment for Shares (EPS)	If your trading account is linked to Electronic Payment for Shares (EPS) service, you can pay for purchases and contra losses via EPS service at any ATM or phone banking or internet banking services made available by your bank. Available banks : OCBC, DBS/POSB, UOB EPS should be made latest by the due date* before 9pm so that we will receive your payment by the next market day.
4. Internet bill payment	Payment for your shares can be made via internet bill payment by registering OCBC Securities as a payee with OCBC Bank. Step 1: Add “OCBC Securities Pte Ltd” as a payee Step 2: Select payment "By Account" (there will be no payment limit) Step 3: Indicate your OCBC Securities trading account number under "Bill Reference" field (exclude all symbols, hyphens and spaces, e.g. 0123456) Kindly make your payment latest before 9pm on the due date* (Singapore time) to ensure payment is received on the next working day.
5. Telegraphic transfer	Payment may be made via telegraphic transfer. Your trading account number and contract number should be indicated as reference. Please note that a telegraphic transfer will require 1-2 working days. Here are the details for telegraphic transfers in various currencies. For other currencies not found in the list below, please contact your Trading Representative for more information. If you are using OCBC Digital Banking, you can refer here for a guide on how to transfer funds in SGD, USD, HKD and AUD. SGD Beneficiary Bank: OCBC Bank – Singapore [Swift: OCBCSGSGXXX] Beneficiary Name: OCBC Securities Private Limited Beneficiary account number: 501-105662-001   USD Intermediary Bank: JP Morgan Chase Bank, New York [Swift: CHASUS33] Beneficiary Bank: OCBC Singapore [Swift: OCBCSGSG] Beneficiary Name: OCBC Securities Private Limited Beneficiary account number: 501-017214201-USD   HKD Intermediary Bank: OCBC BANK (HONG KONG) LIMITED [Swift: WIHBHKHH] Beneficiary Bank: OCBC Singapore [Swift: OCBCSGSG] Beneficiary Name: OCBC Securities Private Limited Beneficiary Account No: 501-017214201-HKD   MYR Beneficiary Bank: OCBC Al-Amin Bank Berhad [Swift: OABBMYKL] Beneficiary Name: OCBC Securities Private Limited Beneficiary account number: 101-105696-5   AUD Intermediary Bank: National Australia Bank Limited [Swift: NATAAU33033] Beneficiary Bank: OCBC Singapore [Swift: OCBCSGSG] Beneficiary Name: OCBC Securities Private Limited Beneficiary account number: 501-017214201-AUD Please notify your Trading Representative of the details immediately upon execution of the telegraphic transfer.

Note:

(a) For your trading convenience, we strongly encourage you to arrange for Electronic Payment for Shares or Interbank GIRO.

(b) To avoid any failed trades, investors are strongly encouraged to buy and sell through the same brokerage company and under the same trading account number.

(c) Investors who buy shares through a broker at Company A and immediately sell the shares through another broker at Company B must make advance payment to Company A on Trade date before 8pm via EPS or internet bill payment so that the shares can be settled in time for delivery on trade date + 2 market days (before 1.30pm).

(d) For cashier's orders, an administrative fee is generally applicable by the issuing bank.

(e)  For payment of other currencies, please contact your trading representative for more information.

Not all counters can be settled using CPF/SRS payment mode
You are advised to check with your CPF/SRS agent bank to confirm whether a stock can be traded with CPF/SRS. If a stock is not included under CPF/SRS but you have selected the payment mode as CPF/SRS, the trade will be rejected or converted to cash settlement.

No contra is allowed for trades executed via CPF/SRS payment mode
You are not allowed to buy and sell the same stock on the same day unless you have sufficient shares in your CPF/SRS account to deliver for the sell trade. If you buy and sell different stocks on the same day, the proceeds for your sale will not come in in time for settlement of your purchase.

Ensure your CPF/SRS details are updated and correct before you place any trade using your CPF/ SRS

You are advised to check that your CPF and SRS details are correct before placing a trade using your CPF/ SRS.

If you have changed your CPF/ SRS Agent Bank, please update the new CPF/SRS Bank details with OSPL and ensure the details are updated before placing a trade using your CPF/SRS.

Note: Your CPF/ SRS details can only be checked via the iOCBC web browser. (go to “More, Settings, Account Details) only. CPF/ SRS details are currently not available on the iOCBC Trading App.

Conditions that trades executed via CPF/SRS trades will be settled as Cash Trade
1. In the event there is insufficient funds in your CPF/SRS account when performing buy trades, or in the event your CPF/SRS agent bank rejects your buy trades for whatever reason, then OSPL may in its sole discretion, without further consent required from you and without prior notice to you, convert and/or amend your buy trades to ordinary cash trade.

2. In the event there is insufficient shares in your CPF/SRS account when performing sell trades, or in the event your CPF/SRS agent bank rejects your sell trades for whatever reason, then OSPL may in its sole discretion, without further consent required from you and without prior notice to you, convert any CPF/SRS trade to cash trade.

If you sell shares that were previously bought from your CPF/SRS account using cash, the shares will be debited from your CDP securities account on settlement date. If you have insufficient shares in your CDP securities account, a “buy-in” will be conducted by SGX on settlement date to cover the “short-sell” position.

3. In the event that your CPF/SRS details are not correct in our records, then OSPL may in its sole discretion, without further consent required from you and without prior notice to you, convert any CPF/SRS trade to cash trade.

Cut-off time to change the payment mode
To convert payment mode from Cash to CPF/SRS or vice versa, please approach your Trading Representative before 5.30pm on Trade day. No change is allowed after Trade day.

Indicative FX rate can be seen at the order ticket while placing an order when settlement currency is set to SGD. If you have chosen to settle your trades in one of the currencies listed in Board Rates, the rates will be applied in accordance to the timing of the fulfilled trades.

If the indicative FX rate is unavailable, the exchange rates will be quoted to you in the contract note

Contra will apply automatically to your BUY contract so long as the applicable criteria are met.

Please note that you will need to inform your TR if you do not wish for contra to apply to your BUY contract, as this option is not available in the iOCBC website and the mobile app platform.

Should contra not apply to your BUY contract and you wish to:

• Place a SELL contract for the same securities - you will have to ensure that there are sufficient securities in the “Free” balance of your CDP account by 1.30pm of the SELL contract Settlement Date  to satisfy your SELL contract securities
• Sell the BUY contract securities – you will first need to make payment for your non-contra BUY contract. Incoming Telegraphic Transfer/ Paynow payments must be received by OSPL by 1.30pm of Trade date +2, and EPS payments must be made by 8 pm of Trade date. GIRO payments are not allowed for non-contra BUY contracts

Interbank GIRO
Money will be credited to your bank account on contra statement date* + 1 market day.

Electronic Payment for Shares (EPS)
Money will credited to your bank account on contra statement date + 2 Market day

To withdraw your trust account balance, please contact your Trading Representative.