OTC Products
| COUNTRY | ITEM | FEES DESCRIPTION | |
| Clearstream | Tax Reclaim |
Handling Fees : EUR70.00 per counter per claim processed (applicable for US Bonds Market) |
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| Corporate Action |
Handling Fees : EUR 35.00 per counter per instruction |
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| Custody Fees (Monthly) |
0.1% / 12 month as of months ends market value (Fee will be charged from the securities account on the following month) |
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| Voting Request |
Handling Fees : USD 55.00 per request |
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| Conversion Fees for GDS |
Out of Pocket expenses : USD 7 per 100 GDS Cable Fees : USD 17.5 per request |
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Stock Transfer Fees – Out (within Euroclear / Clearstream) |
0.1% of the market value of securities (Min. USD 30 per security per transaction) |
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We will charge a Custodian Fee of 0.1% per annum starting from 1st January 2020.
Please also kindly find the updated Custodial Service Fees schedule for 2 major markets:
Note: Please also kindly find the updated Custodial Service Fees schedule for 2 major markets:
| COUNTRY | ITEM | FEES DESCRIPTION | |
| United States | Dividend Collection |
Collection Fees: 1.25% on gross dividend (Min. USD11.00) Subject to 30% Withholding tax on gross dividend & interest * |
|
| Rights Issue |
Handling Fees : USD10.00 per security (plus out of pocket expenses **) |
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| Bonus, Offers, Conversions and Capital Reconstruction | Handling Fees : USD100.00 per security | ||
| Stock Transfer Fees – Out to broker/dealers and the DTC |
Handling Fees 0.15% of the market value of stocks (Min. USD100 per security per transaction) |
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| Stock Transfer Fees – via DRS |
Handling Fees 0.2% of the market value of stocks (Min. USD300 per security per transaction) |
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| ADR Depository Fees |
ADR Fees: USD 0.01 - 0.05 Per share (book close collected by the ADR agents) |
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| Taiwan | Dividend Collection |
Handling Fees : TWD1,000.00 per security Subject to 21% Withholding Tax * |
|
| Rights Issue |
Handling Fees : TWD1,000.00 per security (plus out of pocket expenses **) |
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| Bonus, Offers, Conversions and Capital Reconstruction |
Handling Fees : TWD1,000.00 per security Subject to Withholdings Tax by the Issue Company * |
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| Proxy Voting / Corp Rep |
Handling Fees : USD50.00 per proxy voting request (plus out of pocket expenses **) |
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| Trading Fees |
To be charged per side per security per settlement currency per order channel on each trading day |
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| Custody Fees (Monthly) | 0.1% / 12 month as of months ends market value (Fee will be charged from the securities account on the following month) | ||
| Singapore | Dividend Collection |
Collection Fees: 1.25% on gross dividend (Min. SGD15.00) |
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The above Fees are subject to changes at the Company's sole discretion without prior notice.
Remark:
* Subject to change by relevant Country tax policy
**.All out-of –pocket expenses are to be borne by clients
