Country (Exchange) | Change in Beneficial Owner (Immediate family member) |
iFAST Fee (per transfer) |
Transfer / CDP Charges (per transfer) |
Custody Fee | Transfer Processing Period |
Malaysia (KLSE) |
Allowed | Waived* | A fee of RM10/counter will be charged by Bursa Malaysia for each transfer. | No Charges | 1 – 2 business days |
Singapore (SGX) |
Allowed | Waived* | Transfer In Waived Transfer Out Waived **For transfer that involve change in beneficial owner, the transfer charges will be 0.015% of transfer value or a minimum of SGD75.00 (SGD80.25 inclusive of 7% GST) per counter, whichever is higher. |
4 - 6 weeks | |
Hong Kong (HKEX) |
Not Applicable | Waived* | Waived* | ||
United States (NASDAQ, NYSE, AMEX, BATS) |
Not Applicable | Waived* | Transfer In (DTC) No Charges Transfer Out (DTC) USD 2 per counter **DTC = Depository Trust Company |
Remarks:
Waived* till further notice.
Change in Beneficial Owner Transfer only applicable to KLSE and SGX exchange. HKEX, US and LSE custody strictly not allowed.
For change in beneficial owner, please submit the supporting documents below:
a. Parents / Children: Birth Certificate or Adoption Paper
b. Siblings: Birth Certificate or Adoption Papers for both transferor and transferee having the same father and/or mother
c. Spouse: Marriage Certificate or "Surah Nikah"
d. Grandparents / Grandchild: Birth Certificate or Adoption Papers of both transferee and their lawful parent/guardian to prove relationship.
For enquiry on Transfer of China A-Share, please contact customer service team at 03-2149 0567 or send your enquiry to clienthelp.my@fundsupermart.com