Account Maintenance Fee Refund
Fee Refund (400 points)
Important Notes
- Account Maintenance Fee ($15 + GST per quarter, subject to prevailing GST) refers to the fee for holding local assets under the Custody of Phillip Securities Pte Ltd (PSPL).
- Applicable for Custodian Accounts (Cash Plus, Margin, Prepaid, Custodian, Share Financing Accounts) for Singapore Market only.
- Account Maintenance Fees are deducted on January, April, July, and October for holding periods of October to December, January to March, April to June, and July to September respectively.
- To be eligible for the refund, your clients need to submit the refund request on the month that the Account Maintenance Fee is charged. E.g. to be eligible for April refund (for January to March holding period), you need to submit the refund request by end of April.
- The Account Maintenance Fee will be reimbursed within 1 week from the date of redemption.
- No co-sharing is involved for this reward item
How to Redeem?
- Login to POEMS 2.0
- Head to Market Data & Rewards
- Scroll to the Service Section and select Account Maintenance Fee Refund (Please refer to the attached picture below)
- Tick the checkbox
- Click Submit
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