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Anonymous

26 Jan 2021

General Investing

Which is better Poems Cash Plus Account or Cash Management Account?

Which is better in your opinion Poems Cash Plus Account or Cash Management Account and why?

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POEMS

26 Jan 2021

Dear,

Cash Plus Account is a trading account that allows you to trade in global markets at low brokerage rates. The brokerage rates are determined based on the previous end of day’s settled asset value (AUC) held in the Account under the custody of Phillip Securities Pte Ltd (PSPL). Find out more at www.poems.com.sg/cash-plus

Cash Management (KC) Account is a trading account that allows all shares traded on the SGX to be deposited in the account holder’s Global Securities Account (GSA) with the Central Depository Pte Ltd (CDP), except for purchases funded using CPF/SRS monies.

:)

Cheers,

POEMS​​​

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