Trading in Japan market may be done through the Internet with POEMS or by calling your Trading Representative (e.g. Dealer / Remisier) during Singapore office hours. The following rates are applicable to both buy and sell transactions.
Commission
Table
Internet
Online Trades
Broker
Assisted Trades
The higher of 0.5% on
the gross contract value subject to minimum 0.1% on
gross contract value + ¥3000
The higher of 0.6% on
the gross contract value subject to minimum 0.1% on
gross contract value + ¥3000
GST on local brokerage
fee
Click HEREto download a free copy of the
Brokerage Charges Brochure.
How much
are the dividend
charges?
Dividend
Payment
Dividend
Charges
Dividend
charges are
applicable on
the net dividend.
<S$100
S$1.07 (inclusive of GST)
>S$100
1%
of Net Dividend, max. S$53.50
(inclusive of GST)
GST is on dividend charges and is applicable for Singaporean and Singapore PR.
Note:
Dividends are subject to taxation by the foreign source and
may vary depending on conditions set by the country
concerned.
What are the custody charges like?
A S$2.14 (inclusive of GST) monthly custody charge will be levied per counter based on your foreign shareholdings in your account at the end of every month. The charges are capped at $160.50 (inclusive of GST) per quarter for each account in which you hold foreign shares.
The charges will take effect from 1 July 2003. A quarterly invoice starting October 2003 will be sent out to inform you of the custody charges due.
How much are the corporate action charges?
For more information, kindly refer to your trading representative for more information.
What happens if I hold foreign shares in two separate accounts?
The custody charges will be levied on a per account basis. If you hold foreign shares in two separate accounts, you will be billed according to the shareholdings in each account.
Is there any exemption from the monthly custody charges?
We will automatically waive the monthly charges if you have at least two trades in your account for the month, regardless of trade size and whether you trade local or foreign shares in that account.
Can I consolidate all my foreign share holdings into one account?
Yes. Account holders may submit written instruction to our Operations department.
How do I pay for the custody charges?
If you have a margin or custodian account with the Phillip Group, we will arrange to debit your account accordingly. Otherwise, you may settle the invoice by cheque or through your bank's electronic payment services. Where applicable, any outstanding charges will be deducted from any payment due to you.
Shares Transfer
Will there be any charges for shares transferred into Phillip?
There are no charges for transferring shares to Phillip. However, it is important that you check with the delivering securities firm as to whether there are any charges for transferring your shares out.
Will there be any charges incurred for outgoing shares transfer?
Yes, there will be a handling fee of S$ 21.40 (inclusive of GST) per counter. ** With effect from 1st Jan 2009, the handling fees will be amended to S$53.50 + Foreign Broker Fees (if any)
Are there any administrative charges and foreign broker fees for corporate action services?
Yes, an administrative fee and any foreign broker fees will be levied for corporate action services. Examples of corporate actions are dividend payments, right issues, cash offers, bonus issues, etc.
