DBS iBanking FAQs - Apply For Security

FAQ - Electronic Security Application

  1. What do I need to apply for securities via DBS iBanking?

    You need the following to get started:

    • Own a personal or joint-alternate DBS / POSBank Savings, Current or Autosave account.
    • Have access to DBS iBanking. If you are not an existing DBS iBanking user, you can get your User ID and PIN instantly at any DBS/POSB ATMs.
    • Be at least 21 years old
    • Be a Singaporean, Permanent Resident or a foreigner currently residing in Singapore
    • Have your own CDP Securities Account
    • Your mailing address in our Bank's record must be a valid Singapore mailing address

  2. How do I apply for securities via DBS iBanking?

    After you have logged on to DBS iBanking, simply follow these steps:

    • Select 'Investment' followed by 'Electronic Security Application'
    • Click on the securities counter you wish to apply for
    • You are advised to read the Prospectus carefully and you may choose to download the Prospectus
    • Confirm that you have read, understood and agreed to all terms and conditions of the application and the Prospectus
    • Enter your application details like nationality, CDP Securities Account No., debiting account, number of units
    • Click 'Submit' to proceed
    • Check details and click 'OK' to confirm your application
    • The cash amount is then debited online from your selected bank account.

  3. Can I apply for securities via DBS iBanking while I am overseas?

    Yes, provided you observe and comply with all the laws and regulations of Singapore and those of the country that you are in at the point of application, and your mailing address for DBS iBanking is in Singapore.

  4. Can I use iBanking to make multiple IPO applications?

    For Fixed Price Securities, each individual is allowed only ONE application for each issue and this holds true whether you apply though iBanking, the ATM or use an application form. Multiple fixed-price applications will be rejected.
    For Tender Price Securities, each individual is allowed only ONE application at each selected tender price. However, he/she can make multiple applications at different tender prices.

  5. What are the charges for Electronic Security Application via DBS iBanking?

    For each security application submitted via DBS iBanking, there is a S$2.00 charge.

  6. Is Electronic Security Application through DBS iBanking available 24 hrs a day?

    Yes, it is, during the share issue period.

  7. Can I withdraw an Electronic Security Application after I have submitted it via DBS iBanking?

    You may only withdraw an Electronic Security Application only if there is a supplementary prospectus issued after your application. You may withdraw the application using the "ESA Withdrawal" service.

  8. How can I find out the results of my Electronic Security Application?

    Yes, you may enquire on your results using the 'ESA Results Enquiry' service

  9. If I am unsuccessful in the Electronic Security Application, when will my money be refunded?

    For unsuccessful or partially successful applications, your application money will be refunded automatically to you into your DBS/POSBank account by the third working day after the electronic balloting.

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