Revision of Interest Rates on Credit Balances

Please refer below for the revised rates and take note that these new interest rates will be effective from 1 October 2023.

Applicable account types:

     Cash Plus Account

     Cash Management (KC) Account

     Prepaid (CC) Account

     Custodian (C) Account

     Margin (M) Account

     Securities Advisory Account

 

     The new interest rates are: 

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Currency/Amount Interest on Credit Balance (Current) Interest on Credit Balance (Revised) > HKD 50,000 < HKD200,000 0.30% p.a 0.50% p.a > HKD 200,000 0.30% p.a 1.00% p.a > AUD 50,000 0.00% p.a 0.50% p.a > MYR 50,000 0.00% p.a 0.50% p.a

 

Currency/Amount	Interest on Debit Balance (Current)	Interest on Debit Balance (Revised)
GBP	4.50% p.a	6.00% p.a

Transfer of Shares from TD Ameritrade to Poems Account

Hi all,

I refer to the news below.

Do contact me if you wish to transfer your shares from TD Ameritrade to your Poems Account that is tagged to me. I can help you to facilitate the transfer,

https://www.businesstimes.com.sg/wealth/wealth-investing/td-ameritrade-singapore-stop-serving-retail-investors-dec-1

TRADING platform TD Ameritrade Singapore will stop its services for retail investors from December this year, to focus on accredited investors instead.

The move will allow it to “better serve the unique needs of local investors”, said the company on Tuesday (Sep 26).

In response to queries from The Business Times, a TD Ameritrade Singapore spokesperson said the pivot away from serving retail investors was a “strategic decision” that will allow it to concentrate on a market that has been “under-served historically in Singapore”.

Trade and Be Rewarded!

 

Please contact me at tplim1975@gmail.com or 90400848 for more information.

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Rates updated as of 11th Sept 2023

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Past Performance is not necessarily indicative of future performance

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