Investing and withdrawals Archives | SMART

Frequently Asked Questions

Investing and withdrawals

Yes, you can make a request for partial withdrawal as long as the minimum holding amount of SGD 300 is maintained in your SMART account.  

For partial withdrawal, print and mail these documents back to us.

1. Transaction Form

2. Business Reply Envelope 

The transaction form will be processed within 14 business days upon receipt.

You may fund your SMART account with the following options:

PayNow is available to customers of the following nine participating banks: UOB, Bank of China, Citibank, DBS Bank/POSB, HSBC, ICBC, Maybank, OCBC and Standard Chartered Bank.

Scan the QR code to make payment in 3 easy steps (mobile users may wish to take a screenshot of the QR code and import it later)

Phillip Securities Pte Ltd – Unique Entity Number (UEN) : 197501035Z

1. Log in to your banking/payment app with your username and PIN
2. Scan/Import the QR code or manually key in the Company UEN to start your transaction

Enter your 7-digit SMART Portfolio account number e.g. 1234567 under "Reference Number". 

Your funds will be reflected in your SMART Portfolio account the next business day.

Funding can be made easy with the excess funds in your Phillip trading account(s).

Step 1: Log in to Poems 2.0

Step 2: Select ‘Acct Mgmt’

Step 3: Select ‘Stocks’

Step 4: Select ‘Online Forms’

Step 5: State amount to be withdrawn

Step 6: Select ‘To transfer into account…’

Step 7: Click ‘Submit’


Click here for step-by-step illustration.

You can fund your account online using your internet banking.


Step 1: Select Your Bank

Step 2: Choose ‘Pay Bills’

Step 3: Choose ‘Phillip Securities’ as the payee

Step 4: Key in your 7-digits SMART account number in Bill Reference (e.g. enter as “1234567”)

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Step 1: Print the Transaction Form HERE (e-signature not accepted)

Step 2: Complete details in the sections marked in the red boxes

Step 3: Email a clear photo or scanned copy of the Transaction Form to digichannel@phillip.com.sg 

Your funds will be deducted from your SRS account and reflected in your SMART Portfolio account after 1 week.

Please make cheque payable to “Phillip Securities Pte Ltd”. Indicate the 7-digits SMART account number (e.g. “1234567”) at the back of the cheque.

Post or drop off at :

Phillip Securities Pte Ltd

250 North Bridge Road

#06-00 Raffles City Tower

Singapore 179101

Currency: SGD

 
Bank Name : Ctibank N.A Singapore
Address : 8 Marina View, #16-01 Asia Square Tower 1, Singapore 018960
Beneficiary : Phillip Securities Pte Ltd – Trust Account
Account No : 0-700104-109
Swift Code : CITISGSG
Remarks : Name & 7-digits SMART account number (e.g. “1234567”)

When your account has been set up and funded, the SMART investment managers will proceed to deploy your funds into a diversified portfolio of funds across geographical regions, countries and industry sectors according to your risk profile.

Yes, the initial minimum investment in SMART is SGD 300. Subsequent monthly investment from SGD 100. 

Yes, you can. You can add to your investment any time and with any amount of your choice via Phillip Trading Account, internet banking, SRS account, cheque or telegraphic transfer.  Simply quote your SMART account number as a reference during the transfer. Please refer to “How do I fund my SMART account” for funding instructions.

No, you do not need to. Our system will be able to pick up the funds and invest accordingly.

No.  You’ll be able to see the deposited amount in your portfolio via Phillip Wealth Management website here or via MyWealth mobile app when the transfer has been processed. Don't have the MyWealth mobile app? Click here to download. 

Yes. The initial minimum investment amount is SGD 300. Thereafter, the minimum subsequent monthly investment amount is SGD 100.

 

Option 1: Internet Banking Standing Instruction

You can fund your SMART Portfolio via regular monthly investments by setting up a standing instruction to make monthly investments through your internet banking.

Step 1: Login to your internet banking portal

Step 2: Choose ‘Pay Bills’

Step 3: Choose ‘Phillip Securities’ as the payee

Step 4: Key in your 7-digit SMART account number in Bill Reference (e.g. “0123456”*)

For other options for funding your account, please refer to “How do I fund my SMART account” under the “Investing and withdrawals” section of the FAQs.

*Note: You may retrieve your 7-digit SMART account number by logging in to Phillip Wealth Management website here or MyWealth mobile app. Don't have the MyWealth mobile app? Click here to download. 

 

Option 2: GIRO Arrangement

You may choose to fund your SMART Portfolio via regular monthly investments by setting up a GIRO arrangement.

Step 1: Download and print these 2 forms:

a. Phillip Monthly Investment Plan Form

b. Phillip GIRO Form

c. Business Return Envelope

Step 2: Fill in the forms above and post it back to us.

Note: GIRO service will take effect in approximately three to four weeks after you have submitted your application and upon our issuance of a confirmation letter to you.

Step 1: Print the Transaction Form HERE (e-signature not accepted)

Step 2: Complete details in the sections marked in the red boxes

Step 3: Email a clear photo or scanned copy of the Transaction Form to digichannel@phillip.com.sg 

Your funds will be deducted from your SRS account and reflected in your SMART Portfolio account after 1 week.

I am ready!