The POEMS online securities trading platform, managed by Phillip Securities Pte Ltd, is one of the preferred brokerages for Singaporean and Malaysian investors in overseas markets.。The platform allows investors to easily trade in 26 global capital markets through a single account.。Its smooth operation interface and diversified deposit and withdrawal methods provide investors with a simple and convenient investment experience in overseas markets.。

After successfully opening a POEMS Cash Plus account, investors only need to transfer real funds to their investment account to start trading。This simple process allows investors to quickly enter the market and take advantage of the powerful trading platform of Huili Securities。In this global financial environment, the POEMS online securities trading platform provides investors with the convenience and flexibility to help them better manage and add value to their portfolios.。

This article shares the complete remittance process from the deposit to the POEMS account, the whole online operation, including:

◇ Introduction of POEMS deposit method

◇ Deposit cost

◇ Notes on deposit

◇ Teaching of the complete process of deposit: bank transfer of deposit into Ringji (MYR)

* This article is recommended for Malaysian users。

How to get into POEMS？

As an international investment platform, POEMS provides multi-channel deposit methods, which are mainly divided into two categories: Singapore bank accounts and non-Singapore bank accounts.。

Holding a Singapore bank account, you can deposit SGD (SGD) through PayNow, FAST, eNETS, EPS, Internet Bill Payment, CPF / SRS, cheque, GIRO, etc., without any charge, and the arrival speed is between 15 minutes (PayNow, FAST, eNETS) and 2 working days (cheque and other channels);

* Recommended: PayNow, FAST, eNETS。

Holding a non-Singapore bank account, you can deposit money by international wire transfer (Telegraphic Transfer, TT), POEMS supports multi-currency deposits, including Singapore dollar (SGD), US dollar (USD), Hong Kong dollar (HKD), Japanese yen (JPY), ringgit (MYR), Australian dollar (AUD), British pound (GBP), euro (EUR), Canadian dollar (CAD) and RMB (CNY)。

Huili Securities does not charge any fees for wire transfers, although fees may be charged by the remittance bank used for wire transfers and the receiving bank used by Huili Securities。Fees vary depending on the currency of arrival and are subject to the bank's actual charges.。Arrival speed from one day to one week, depending on currency。

Which deposit method to choose for Malaysian users？

The most convenient way to deposit money is to transfer money by ringgit, direct deposit, zero fee and quick arrival.。

POEMS supports the transfer of funds to Lingji, which solves the high wire transfer and bank charges required to use overseas brokerage firms to transfer funds by wire, making it cheaper and more convenient to invest in overseas markets.。

When trading in other markets, the user can have the POEMS system automatically convert any funds in the account (optional) to other currencies to complete the settlement.。

The settlement of POEMS (Settlement of Trades) is mainly in Singapore dollars, but when the Multi-Currency facility (Multi-Currency facility) is opened, you can settle transactions in currencies other than Singapore dollars, such as U.S. stocks, which can be settled in U.S. dollars.。For non-multi-currency accounts, the system will exchange US dollars for Singapore dollars at the same day's exchange rate on the settlement date and settle the transaction.。

POEMS deposit considerations

1.You can deposit money only after you have successfully opened an account.。

2.POEMS has no minimum or maximum deposit。

3.POEMS does not charge any fees at the time of deposit, but the use of wire transfer channels will result in wire transfer fees, bank charges and other remittance costs.。Subject to actual bank charges。

4.In order to curb money laundering activities, POEMS only accepts deposits from bank accounts with the same name as the account, and third-party bank accounts are not accepted.。

POEMS into the gold process teaching (multi figure)

Next, we will describe in detail in a multi-graphic format how to transfer money from the bank to the gold ringgit (MYR) to the POEMS account.。The teaching will be conducted in Maybank, Malaysia. The process of entering gold takes about 3 minutes. The whole network operation is recommended. It is recommended to enter gold in a stable network to avoid any problems.。

The complete process of bank transfer deposit: take Maybank as an example

◇ Applicable object: Have any bank account in Malaysia

Handling fee: 0 yuan

Arrival time: 1 to 3 working days

◇ Currency of arrival: ringgit (MYR)

Bank transfer (Bank Transfer) is the most common way to transfer funds, can be the same bank account transfer, or different bank account transfer, generally zero fees, immediately to the target account。You can go to any local bank counter or use online banking at home.。

Step 1: Go to the POEMS official website to get the transfer information

Go to the POEMS official website to get the Payment Instructions, the bank transfer information of the ringgit is in the Telegraphic Transfer section.。

The official website provides information on the escrow account of the wire transfer receiving bank in different currencies, find out the section of the ringgit (MYR), the receiving bank is Maybank Malaysia, which means that all ringgit funds will be deposited in the Maybank Malaysia escrow account (Trust Account).。Therefore, users with Malaysian bank accounts can deposit funds from domestic banks to Maybank Malaysia through general bank transfers.。

Transfer information includes:

◇ Beneficiary Bank: Maybank Malaysia

◇ Beneficiary Bank Address: 100 Jalan Tun Perak, 50050 Kuala Lumpur, Malaysia

◇ Beneficiary Account Name: Phillip Securities Pte Ltd - Trust account

◇ Beneficiary Account no: 514-011-392-951

◇ Bank of Payee Swift Code: MBBEMYKL

◇ Payment Details: Your POEMS account number and name

* Remittance notes are an important basis for POEMS to review and reconcile funds, so be sure to fill in。

These are the information that needs to be filled in when sending money, it is recommended that you keep this page and do not close it until the bank transfer is completed;。

* * The receiving bank may change, please refer to the escrow account information displayed on the POEMS official website。

Step 2: Make a local bank transfer

Next to start the transfer, you can choose to online banking (online banking) or to the bank counter / teller machine (ATM Machine) to transfer (bank transfer)。

Any choice of one of the bank transfer can be, below I will Maybank App online bank transfer, the process and normal bank transfer to other people the same。

Sign in to Maybank's online banking account > Transfer to Other Accounts > New Transfer > Select Maybank / Maybank Islamic。

Enter the transfer page and enter the POEMS bank receipt information obtained above, including:

◇ Phillip Securities account number

◇ Transfer amount (how much money to be paid)

◇ Recipient Reference Fill in your POEMS account number and name

Finally, click Transfer. After secure verification, the transfer is completed。Remember the screenshot or download the remittance voucher (Receipt)。

Here to pay attention to a few key points:

Use Instant Transfer instead of IBG。

◇ Be sure to fill in your POEMS account number and name in Recipient Reference to speed up the source of funds confirmation。

◇ Remember the screenshot to confirm the successful remittance page (Receipt) as proof of remittance。

◇ If you want to speed up the confirmation of funds, you can email the remittance certificate to the designated trading representative of POEMS.。

The third step: successful deposit, received notification

It generally takes 1 to 3 working days for ringgit transfers to arrive.。

You can log in to your POEMS account and check whether the funds have arrived at Acct Mgmt > Live Cash Balance > Intraday Cash Transaction。If you have not received the notice for more than 3 working days, it is recommended to contact POEMS customer service as soon as possible。

SUMMARY

POEMS is unique compared to other international investment brokerages in that it supports deposits in the Malaysian ringgit.。This has undoubtedly brought great convenience to investors in Malaysia.。Through the simple bank transfer deposit method, investors can not only enjoy the convenience of operation, but also save the cost of deposit.。At the same time, there are no additional bank or remittance fees to use POEMS for deposits, making it the preferred brokerage platform for investing in overseas markets.。

This feature of POEMS provides Malaysian investors with more flexible and cost-effective investment options。Compared to other platforms, this feature, which supports local currency deposits, makes it easier for investors to manage their portfolios without worrying about exchange fees and exchange rate fluctuations.。This provides investors with a more controllable and transparent investment environment, which helps to achieve better investment returns。

In addition, POEMS's no-fee deposit policy also makes it stand out in the market.。Many other brokerages may charge additional fees, such as bank fees or money transfer fees, while POEMS offers investors a zero-fee deposit option.。This enables investors to make fuller use of their investment funds and improve investment efficiency, thereby gaining a greater advantage in competitive financial markets。

Overall, POEMS has become the preferred brokerage platform for investing in overseas markets with its investor-friendly Ringgit support, easy operation and zero-fee deposit policy.。This provides investors with more choice and convenience, helping them to manage and add value to their assets more effectively.。