Fund Transfer

When is the last day to sell or pay for my shares?
  • Singapore and Malaysia shares
    • T + 4
      e.g. buy on Monday (T+0), last day to sell or transfer fund is Friday (T+4)
  • US, HK shares
    • T + 3
      e.g. buy on Monday (T+0), last day to sell or transfer fund is Thursday (T+3)
  • Generally
    • Refer to "outstanding position" page. Singapore and Malaysia shares last day due will be "Due Date" +2 days. Foreign shares will be "Due Date" +1 day.
    • Visit Phillip Global Markets for details on different markets

Fund Transfer for Stocks Trading

  • EPS - transfer before 9pm update next day 730am
  • eNets, FAST, PayNow – submit before 5pm, update next day 730am
  • Bill Payment – submit before 9pm, cashier receives next day 11am, system update following day 730am
  • Details here: https://www.poems.com.sg/payment/

    Fund Transfer for CFD Trading

    Method 1: PayNow
    Method 2: Internal Transfer from Stocks Account
    • Log in POEMS, go to acct mgt > stocks > online form > withdrawal form > transfer to account > select accont number (CFD)
    • Ensure you have sufficient cash in stocks account. 
    • Go to acct mgt > account details, refer to "available cash for settlement today" column 
    • Submit before 10am, will update "Available Cash" same day afternoon, else will update next day afternoon 











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