Your Stocks/ETFs holdings are held under a custody account with iFAST Financial Pte Ltd (‘iFAST’), a licensed custodian under the Monetary Authority of Singapore.

For SGX-listed securities, iFAST is a CDP Approved Depository Agent (DA) so we will also maintain a sub-account with CDP on behalf of each client, even though the listed securities are held with iFAST.

For HKEX, China A-Shares, Bursa, LSE and US-listed securities, the Stocks/ETFs are held under our appointed custodians.

For Stocks/ETFs held in your CDP account to FSM Global:
You will need to complete the following:
(i) SGX Transfer of Securities Instructions attach with NRIC (front and rear) images, CDP latest statement and
(ii) FSM Global Security Transfer-In/Out Instruction (Cash)

Please email the documents above for our processing.

Please ensure that all information is complete and accurate. Your signature on SGX form must match the signature in CDP’s records.

For Stocks/ETFs held in Depository Agent’s (Stockbroking) account to FSM Global:
You will need to:
(i) Approach to the counter party/receiving broker to submit your instructions to transfer out your holdings, and
(II) Complete FSM Global Security Transfer-In/Out Instruction (Cash) and send the form to us via email with attach a latest holding statement.

The Depository Agent’s custody department will liaise with us and will process the transfer accordingly.

To transfer out your Stocks/ETFs to CDP, please complete FSM Global Security Transfer-In/Out Instruction (Cash) and send it to us via email.

You may incur transfer fees including third party fees or charges with respect to such transfers. Kindly approach the receiving platform to check on their procedures from their end.

For SGX listed securities, the FSM Global Investment Account is also a CDP sub-trading account that is held under a custody account with iFAST Financial Pte Ltd ('iFAST'). iFAST is a SGX Trading Member, CDP Securities Clearing Member and CDP Depository Agent. 

Alternatively, you may wish to link your existing CDP account to your FSM Global account to sell your CDP Stocks/ETFs to minimise transfers and risks as you will not be able to access the transferring security. To apply and link your CDP Securities Account, please login and proceed to Account Settings > Sell from CDP. You are required to fill up your CDP Securities Account Number for this online submission. Once submitted, the linkage process will take approximately 2 to 3 business days to complete. You will be notified via email on the outcome of the linkage.

The handling of the corporate action depends entirely on which entity holds the shares on the Record Date set by the company.

• If FSM Global still holds your shares on the Record Date (i.e., the transfer to your new broker is not yet complete), the corporate action will be processed and credited by FSM Global.
• If your shares have been successfully transferred and are officially held in your account with the new broker (the counterparty) on the Record Date, the corporate action will be processed and handled entirely by your new broker. FSM Global will not be involved.

There are no charges for transferring stocks or ETFs into or out of your FSM Global account. However, if there are changes in beneficial ownership, applicable charges will apply. Please refer to the table below for more details.

SGX * waived till further notice

HKEX * waived till further notice

US, China A-Shares, Bursa Securities, London Stocks Exchange
There are no transfer charges.

Notes:
- Any fees charged by exchange/others/counterparty (if applicable) shall be borne by the investors.
- Transfer type with change in beneficial owner is not allowed for HKEX, SH/SZ, Bursa and US Exchange and LSE listed shares.

Stocks/ETFs transfers will vary depending on the institution involved.
The estimated processing time for transfer-in requests is approximately 4-6 weeks.
The estimated processing time for transfer-out requests is up to 12 weeks.

There are no custody fees for SGX-listed, HKEX-listed, US-listed, SH/SZ-listed and Bursa listed Stocks/ETFs in your FSM Global Account.