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1. What are the commissions and other charges?
 
Singapore
UTRADE Plus Accounts
Online Rates
Flat Rate
0.12%* 
Minimum Commission
S$10.00*
  *This promotion is valid from now till 30 June 2017.
Other Charges
Clearing Fee

0.0325% on gross consideration

Trading Access Fee 0.0075% on gross consideration
GST The relevant GST applies
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2. Are there any additional charges other than those mentioned?
  Singapore
Sub Account Charge
  • Waived for the first two years

  • Without Holdings: SGD2 + GST / quarter

  • With Holdings: SGD15 + GST / quarter

  • This charge will be waived for the first two years.  UOBKH reserves the right to close the account if there is no trade subsequently.

Rights Issue Charge
  • Client provides the cashier’s order: No charge
  • Client requires UOBKH to buy the cashier’s order: SGD10 + GST and SGD5 bank charge is applicable

  • Refund of unsuccessful allocation / application: SGD10 + GST

Dividend Charge
  • Dividend ≤ SGD 10
    SGD 1 + GST

  • Dividend ≤ SGD 500
    SGD 5 + GST

  • Dividend ≥ 500
    1% of dividend capped at SGD 25 + GST

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3. Can the UOBKH Depository Agent Sub-Account maintenance charges be waived?
For Sub-Account for UTRADE Plus Account, this charge will be waived for the first two years. UOBKH reserves the right to close the Sub-Account if there is no trade subsequently.
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4. Where are the shares kept?
Shares will be kept in our Custodian under UOBKH.
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5. How do I check my share holdings since my shares are kept with UOBKH?
A detailed Monthly Share Holdings Statement will be sent to you if there were transactions or if there is balance.  A Quarterly Share Holdings Statement will be sent if there was no transaction.
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6. Can I sell my Singapore share holdings in my CDP Account using UTRADE Plus Account?
No, you can’t sell your Singapore shares in your CDP Account using your UTRADE Plus Account. To sell, your share holdings must be transferred to your Sub-Account at UOBKH prior to you selling. There will be no charge for transferring your Singapore share holdings to UOBKH.
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7. Will my UTRADE Plus Account be linked to my existing trading account?
No, your existing trading account will not be linked to your UTRADE Plus Account.
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8. What are some of the key parameters of UTRADE Plus Account?
  UTRADE Plus Account
Which markets can I trade? Singapore
Can I do contra trade?

Singapore market:   Yes


Is there a trading limit on the value of shares I can trade?

Trading limit is based on x 1 of cash deposit. 

Note: Trading limit is computed in SGD.  If you deposit foreign currencies, a SGD equivalent will be computed after taking into consideration currency fluctuations.
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9. What is the settlement period?

For Singapore market:  It will be T+3 for all contract types.

UOBKH reserves the right to sell your share holdings in your Sub-Account, or use the available cash balance in your Trust Account to settle any outstanding position or contra loss.

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10. How do I fund my UTRADE Plus Account?
You may deposit money into your UTRADE Plus Account via Electronic Payment for Share (EPS) or cheque.  The funds will be credited into the Trust Account for trade settlement.
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