Electronic Payment for Shares (EPS)

To use Electronic Payment for Shares (EPS) service, you have to link up a share trading account with your DBS or POSB Current / AutoSave / Saving Plus account. For EPS users on DBS / POSB ATM and Phone Banking, the service or link will automatically be available to you on DBS iBanking. If you have yet to apply for this EPS link, please refer to your broker for an application form.

Features

• You can view all your outstanding and paid contracts of the share trading account that is linked with your DBS or POSB deposit account.
• Your contracts will be removed from the outstanding records after the due date, regardless if you have paid for the contract or not.
• For EPS made before 2130 hr (Singapore time), your broker will receive payment on the next working day.
• For EPS made after 2130 hr (Singapore time), your broker will receive payment 2 working days later (for Friday, Saturday, Sunday and eve of public holidays, your broker will receive payment on the next working day regardless of the time of transaction).
• Your paid contracts through EPS will only be excluded from the contract table after your broker acknowledges the receipt of your payments.
• EPS service will not be available from 2130 hr to 2245 hr (Singapore time) daily for system maintenance. In the event that the service is unavailable, please try again later.