Delivery & Settlement Of Your Shares
Find out where and when you will be receiving your shares and how to make payment for purchased shares.
Part of: Guides > Your Guide to DBS Vickers Online Trading AccountCheck the delivery & settlement of your shares based on the type of payment facility set up
If you are unsure of your payment facility, click here.
DBS Multi-Currency Account(MCA)
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Funds will be auto-debited from/credited to your MCA on settlement day + 1 market day in the currency you chose to settle in.
Markets | Settlement Date |
---|---|
Singapore | T+2 |
Australia | T+2 |
Canada | T+2 |
Hong Kong | T+2 |
United Kingdom | T+2 |
United States | T+2 |
Japan | T+2 |
GIRO (SGD Only)
- GIRO is a direct debit and credit facility which is only available to DBS/POSB bank account holders.
- When you buy or sell shares online, the payment will be directly debited from or credited to your designated bank account between 12 midnight and 7:00 am on Due Date + 1 working day.
EPS (SGD Only)
- When you buy shares online, you will have to initiate payment through an ATM or Internet banking.
- When you sell SG shares online, the payment will be credited to your bank account by 7 pm on Due Date.
- If you are selling shares in the foreign market, the sales proceeds will be credited into your DBS Vickers online account in your chosen currency. You may perform an online funds withdrawal.
Non-MCA (Foreign Currency)
- When you buy shares in foreign currency, you will have to initiate a remittance payment.
- You can perform an online remittance through DBS digibank online. Click here to find out how to do an online remittance.
- For remittance details to provide your bank, click here.
- If you are selling shares in the foreign market, the sales proceeds will be credited into your DBS Vickers online account in your chosen currency. You may perform an online funds withdrawal.
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