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
Funds for Stocks and CFD are kept separately.


Fund transfer into POEMS Account for *Stocks*

1) EPS (Stocks)
- Log in website / app of your bank account linked to POEMS
- look for EPS - electronic payment for shares
- select your POEMS account number
- do a "lump sum" transfer
- fund transferred before 9pm will be in POEMS next working day morning 730am, reflected in Acct Mgt > Account Details page

2) PayNow (Stocks)
- Unique Entity Number (UEN) : 197501035Z
- Reference Number is your 7 digit POEMS account number only e.g. 0123456
Source: https://www.poems.com.sg/payment/#paynow

3) FAST (Stocks)
- Beneficiary Bank: UNITED OVERSEAS BANK LIMITED
- Beneficiary Name: Phillip Securities Pte Ltd
- Beneficiary Account no: 451-311-493-6
- Reference number is your 7 digits of trading account number e.g. 0123456
Source: https://www.poems.com.sg/payment/#fast

4) eNets, min $1000 (Stocks)
- Login to POEMS POEMS > Acct Mgmt > Deposit Fund > Choose "M" for margin, or "C" for cash management
Source: https://www.poems.com.sg/payment/#enets


Fund transfer into POEMS Account for *CFD*

1) PayNow (CFD)
- Unique Entity Number (UEN): 197501035Z
- Reference Number is your 7 digit POEMS account number with "CFD" behind. e.g. 0123456CFD
- In addition to the 7 digits of trading account number, please append suffix “CFD” e.g. 0123456CFD for direct crediting into CFD account.
Source: https://www.poems.com.sg/payment/#paynow

2) FAST (CFD)
- Beneficiary Bank: UNITED OVERSEAS BANK LIMITED
- Beneficiary Name: Phillip Securities Pte Ltd
- Beneficiary Account no: 451-311-493-6
- In addition to the 7 digits of trading account number, please append suffix “CFD” e.g. 0123456CFD for direct crediting into CFD account.
Source: https://www.poems.com.sg/payment/#fast

3) Payment by eNets, min $1000 (CFD)
- Login to POEMS POEMS > Acct Mgmt > Deposit Fund > Choose (CFD), not (C / M)
Source: https://www.poems.com.sg/payment/#enets
All posts and charts are for educational and illustration purposes only

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