Important notices
Scheduled maintenance for iOCBC on Saturday, 3 December 2022

The iOCBC internet trading portal and TradeMobile app will be unavailable during the period shown below due to scheduled system maintenance.

Saturday, 3 December 2022, 09:00am – Saturday, 3 December 2022, 11:59pm

We apologise for any inconvenience caused.

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U.S. Withholding Tax of 10% on Publicly Traded Partnership Interest (PTPs)

Please be informed that with effect from 1 January 2023, a 10% withholding tax will be imposed on the sale of PTPs and certain distribution associated with PTPs credited to non-U.S. holders who invest in PTP securities, unless the transaction qualifies for an exception.

The 10% withholding tax is imposed by the U.S. Internal Revenue Service (IRS) under code section 1446(f). For more details, please refer to the U.S. IRS here.

We suggest that you read up and be familiar with Internal Revenue Code 1446(f) and the associated regulations, particularly if you are a non-U.S. client.

You are strongly encouraged to review your current holdings with us to find out if you are holding any PTP securities in your portfolio and be aware of the potential impacts on future sales and distributions.

More details will be provided when we receive further updates from our partners.

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Share Financing monthly statements

We will – from 3 November 2022 – stop sending you hard copy Share Financing monthly statements if you had opted for only e-statements. You will continue to receive paper statements if you had opted for them.

To change the way you receive statements, please log in to iOCBC > More > Manage e-statements.

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Protect your Singpass login credentials

Scammers are now sending phishing SMSes to obtain your Singpass login credentials.

If you click on the links in such SMSes, you will be taken to a spoofed Singpass login page and asked to key in your Singpass ID and password.

Thereafter, you may be directed to a spoofed login page and prompted to enter your credentials and One-Time Password (OTP). The scammers will then use these to fraudulently apply for credit cards or open banking or trading accounts.

Please take heed when asked for your Singpass login credentials. Do not let your guard down.

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Latest TradeMobile App Version

Please update your TradeMobile App to the latest version now. The previous App version will be discontinued.

Mobile devices

Latest App version

iOS

2.0.4

Android

1.26


Users of iOCBC TradeMobile app with old versions will no longer be able to access iOCBC TradeMobile after such versions of the app have been disabled.

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Trading of Emperador Inc.

We are pleased to announce that iOCBC trading platforms will offer the trading of Emperador Inc. which is secondary listed on SGX Mainboard (and primary listed in the Philippines) with effect from 19 Sept 2022.

Please note additional charges for sell trades apply as follows:
• Stock Transaction Tax (STT) of 0.6% of Gross sales proceeds
• Service fees to remitting agent 0.03% of Gross sales proceeds
Both fees are reflected as "PH Sales Tax (include service fee)" in our contract statement and subjected to prevailing GST (if applicable).

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Alert on "pump and dump" scams

There are scammers on social media platforms such as WeChat perpetuating “pump and dump” scams involving overseas listed companies. Be wary of stock tips provided by persons you have befriended online.

Visit www.police.gov.sg to find out more.

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Scammers will impersonate anyone

In 2021, the largest amount lost in a single impersonation scam was $6.2 million. Do not be the next victim. 

Here are some tell-tale signs that scammers are on the prowl:

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Other notices
Why trade with iOCBC

Trade seamlessly across accounts and platforms

All your iOCBC accounts can be accessed with one login on the iOCBC trading platform. If you use OCBC Online Banking, you can also trade with your basic trading account on OCBC Digital.

Trade around the world with access to 31 global exchanges

15 exchanges can be traded online and Direct Market Access (DMA) to 11 exchanges enables even faster execution for your global trading needs.

Exclusive market insights from our trading strategists and market experts

Stay up-to-date on the latest global market trends with exclusive reports and online webinars from our trading analysts.

Diversify with a wide range of products

Browse OCBC Securities’s comprehensive suite of trading products, ranging from over-the-counter bonds, share financing facilities to OCBC Securities’ own ETFs as well as exchange-listed securities and shares.