(CFD) Cheque Issuance and Handling Fees  MSF, POEMS  May 24, 2024

Dear Clients, Please be advised that the following fees will be applied when making USD withdrawals from a POEMS CFD Account effective from 1st July 2024: -USD Cheque Issuance Fee: SGD5 (subject to GST) -Cheque Returned/Rejected Handling Fee: SGD50 (subject to GST) To avoid these fees, we strongly encourage you to explore our paperless alternatives. Kindly also note that clients with DBS Multi-Currency bank accounts as their EPS/GIRO linked account can now withdraw AUD, EURO, GBP, HKD, and USD cash balances from their trading accounts into their DBS MCA. Clients are to ensure that their DBS multi-currency ledger supports the currency to avoid forced currency conversion at the bank’s bond rate, which is IRREVERSIBLE.