POEMS, an online securities trading platform managed by Phillip Securities Pte Ltd, is unique in that users can easily trade in 26 capital markets around the world from a single account.。More conveniently, the platform supports the withdrawal of gold from multiple currencies, including the Singapore dollar (SGD), US dollar (USD), Hong Kong dollar (HKD), Japanese yen (JPY), ringgit (MYR), etc., making it the preferred securities dealer to participate in overseas market investments!

This article will introduce the complete remittance process of POEMS in detail with multiple pictures and texts, and the whole online operation.。

Content includes:

◇ Introduction of POEMS payment method

◇ Payment expenses

◇ Notes on Payment

◇ Complete process teaching of cash transfer: international wire transfer (TT) method of cash transfer (MYR)

* This article is recommended for Malaysian users。

How to get gold from POEMS？

Log in to the POEMS trading platform (Web) or the mobile app (POEMS Mobile 3) and complete the payment application in about a few minutes。

Note that currently only bank accounts in the name of an individual are supported, and third-party accounts are not accepted.。

Payment method

POEMS supports three methods of disbursement: disbursement to a Singapore bank account, cheque (deposited with a Singapore bank or taken from the office of Fai Li Securities) and bank wire transfer (Telegraphic Transfer).。

Note that depending on the currency of the withdrawal, the method of withdrawal that can be used will be different, depending on the method of withdrawal shown in the system.。

Funding Support Currency

POEMS supports outward remittance of Singapore dollars (SGD), US dollars (USD), ringgit (MYR), Hong Kong dollars (HKD), Australian dollars (AUD), Japanese yen (JPY), British pound (GBP), Chinese yuan (CNY), euro (EUR) and Canadian dollar (CDN)。

When selecting a withdrawal currency, investors are required to confirm that their personal bank account can receive specific monetary funds.。For example, for the withdrawal of SGD, the receiving bank account must be able to support the receipt of SGD; for the withdrawal of HKD, the receiving bank account must be able to support the receipt of HKD.。Please first confirm with your receiving bank the types of foreign currency funds that can be supported to avoid the funds being returned.。

Malaysian investors are advised to pay Kim Lingi (MYR) to avoid any problems with the arrival of funds.。

Minimum threshold

The minimum threshold for payment is S $1.。(except bank wire transfers)

Payment ceiling

POEMS does not have a single-day maximum, depending on the account balance.。

Fee

POEMS does not charge any withdrawal fee, except for bank wire transfers, POEMS charges a fee of S $10 (plus GST)。Additionally。The wire transfer process may be charged at the bank end, such as the transfer bank and the receiving bank.。

Payment to Account Speed

Generally, the time required for withdrawal is 1 to 2 working days, depending on the processing bank and whether the deadline of the day (cut-off time) has passed when the withdrawal application is made.。

The deadline specified by POEMS is 10: 00 a.m. on weekdays, and applications for withdrawal before 10: 00 a.m. will be processed on the same day and deposited into the investor's designated personal bank account on the same day or one working day.。Beyond the deadline, the funds will be deposited into the designated personal bank account after two working days。

Note that the processing speed varies from bank to bank, and that initiating international remittances on non-working days and national holidays can affect the speed of processing.。

Which deposit method to choose for Malaysian users？

The most convenient way to withdraw money is to make money by wire transfer to the Malaysian bank account, but note that wire transfer to pay a fee of S $10, it is recommended that you pay a larger amount of money, will be relatively cost-effective.。

POEMS cash flow teaching (multi-figure)

Next, we will introduce how to pay from POEMS to Malaysian bank account in a multi-graphic form, and the teaching will focus on POEMS online trading platform (Web), and the process of paying is about 2 minutes.。You can also use the POEMS mobile app (POEMS Mobile 3) to operate the payout。

The whole process through the network online operation, it is recommended that you apply for the payment in the case of a stable network, to ensure that the payment process is smooth and smooth.。

◇ Payment method: bank wire transfer (Telegraphic Transfer)

◇ Currency of arrival: ringgit (MYR)

◇ Applicable object: Have a Malaysian bank account

◇ Handling fee: POEMS handling fee of S $10 + bank handling fee

◇ Arrival time: 1 to 2 working days (in the case of all information is no problem)

Step 1: Verify personal identity and wire transfer to bank information

In order to protect the security of the account, POEMS stipulates that the first telegraphic transfer of money to the designated bank account requires the POEMS party to call for identity verification (call-out verification).。This is done by (i) notifying the transaction representative after the payment or (ii) the transaction representative will authenticate by calling and asking for basic information about the account.。

Here are a few notes:

◇ All wire transfer receiving banks are required to be authenticated to protect account security。Assuming that the first withdrawal selects bank A, the identity and bank A information need to be verified; the second withdrawal selects bank B, the identity and bank B information need to be re-verified.。If the second withdrawal also chooses to go to Bank A, there is no need to verify the identity again.。

◇ Unauthenticated wire transfer bank requests will not be accepted (rejected)。

Be sure to keep an eye out for unfamiliar calls after sending a verification request。

Step 2: Log in to your account and initiate a payment application

After completing the verification, log in to the POEMS online trading platform (Web)

On the account homepage, click "Online Form" in the left-side action column.。

Choose Withdrawal Form to initiate a withdrawal request。

Step 3: Enter the wire transfer information

Then enter the wire transfer information.。

POEMS supports the remittance of Singapore dollars, US dollars, ringgit, Hong Kong dollars and other currencies, here we choose "MYR" and fill in the amount of the payment.。

Click "Telegraphic Transfer" to fill in the receiving bank information:

① Your name as per Bank's records: Your full English name, consistent with bank records (* required)

Name of Bank: the name of the receiving bank, such as Maybank (* required)

③ Bank A / C No: Your bank account number (* required)

④ Bank Swift Code (Bank Swift Code): You can check the bank's official website or ask the bank's customer service (* required)

⑤ Branch (Country / State): the country / state to which the bank belongs, e.g. Malaysia (* required)

Intermediate Bank & Intermediate Bank Swift Code: name of intermediate bank and Swift Code. This part is not required and can be skipped.

⑦ Other Details: You can fill in the bank address, IBAN Code or Sort Code. This part is not required and can be skipped.

Step 4: Submit the application for payment

After checking that the bank information is correct, you can click "Submit" to issue a withdrawal application.。

Issue Status Query

To view the withdrawal history, check the Withdrawal Transaction History at the bottom of the page to see the status of the withdrawal process or cancel the withdrawal request.。

SUMMARY

The above is the POEMS wire transfer process, the process is quite direct and simple, less than 5 minutes to complete。Remind everyone to be sure to complete the identity verification before the payment, you can ensure the smooth progress of the payment。

Through the POEMS platform, investors can easily access and participate in trading in stocks, bonds and other financial instruments around the world, thereby broadening the diversity of their portfolios。

Not only that, POEMS also provides powerful research and analysis tools to assist investors in making informed investment decisions.。These tools cover market trend analysis, equity research, economic data and more, providing investors with comprehensive information support to better understand market dynamics and investment opportunities。

In addition, the POEMS platform focuses on security and user experience, using advanced encryption technology to ensure that users' transactions and personal information are safe and reliable.。Users can easily trade through an intuitive and friendly interface and keep abreast of market dynamics anytime, anywhere。

Overall, POEMS, as a global online securities trading platform, not only provides investors with convenient trading channels, but also provides strong support for investors to succeed in overseas markets through its powerful research tools and safe trading environment.。Choose POEMS, that is, choose a broader investment opportunities and more convenient trading experience。