It looks like you are using an older version of Internet Explorer. Using an outdated browser makes your computer unsafe. For the best experience on the web, please update your browser or install Google Chrome Frame.
Offshore Trading
  • Investing in foreign listed securities
  • A great opportunity to invest in leading firms in different regions like North America, Asia, etc.
  • More investment alternatives as investors have a universe of investments to choose from – they are not limited to investments in the Thai market. Investments in foreign securities also allow portfolio risk diversification from international diversification.
Opening an Account

Documents required for the opening of a trading account are based on client type, which are as follows:

Client Type

  1. Individual Persons: Must be at least 20 years old. The maximum amount they can invest in foreign markets is $5 million (SEC requirement). Clients must sign the relevant forms and submit the additional documents listed in the table below.

  2. Juristic Persons: The maximum amount they can invest in foreign markets is $50 million (SEC requirement). Clients must sign the relevant forms and submit the additional documents listed in the table below.

Some description

Product

 

Offshore Trading with Maybank Kim Eng

Offshore Trading:

•   Investing in foreign listed securities

•   A great opportunity to invest in leading firms in different regions like North America, Europe, Asia and etc

•   Increase investment alternatives as investors can select from a universe of interesting investments without having to limit their investments only to the Thai market. Investment in foreign securities also allows portfolio risk diversification from international diversification.

 

Nature and Scope of Service

Clients can trade by themselves using the internet-based KE World System or via Investment Consultant (IC). At the present, the clients can trade offshore up to 28 countries as follows:

 

Group Name

Country

Trading Type

Settlement Date

Online

IC

Asia (1) + US + Canada

Malaysia

X

X

T+3

Singapore

X

X

T+3

Hong Kong

X

X

T+2

United States

X

X

T+3

Indonesia

 

X

T+3

Canada

 

X

T+3

Japan

 

X

T+3

South Korea

 

X

T+2

China (SH-HK Connect)

 

X

T+1

Vietnam

 

X

T+2

Asia (2) + Non-Asia

Philippines

 

X

T+3

Taiwan

 

X

T+2

Australia

 

X

T+2

Belgium

 

X

T+2

Denmark

 

X

T+2

Finland

 

X

T+2

France

 

X

T+2

Germany

 

X

T+2

Greece

 

X

T+2

Ireland

 

X

T+2

Italy

 

X

T+2

Luxembourg

 

X

T+2

Netherlands

 

X

T+2

Norway

 

X

T+2

Spain

 

X

T+3

Sweden

 

X

T+2

Switzerland

 

X

T+2

United Kingdom

 

X

T+2

 

 •  Cash will be withdrawn from client’s bank account for settlement on the settlement date as required by each particular stock exchange. Net settlement is allowed only for trading in the same stock exchange using the same currency. Such requirement applies due to difference in requirement in settlement date and time zone of each stock exchange.

•  Applicable selling rate for a foreign currency will be based on the rate on day T+1.

•  Foreign exchange rate used to determine settlement price will be determined based on the applicable exchange rate on the day T+1. Conversion of one currency into another will be conducted by a securities brokerage company in Singapore.

 

Trading System

•   Clients can trade via the Internet-based KE World System which was developed  by the Maybank Kim Eng Group. The KE World System allows submission of trading orders in Six main exchanges including HKEX, SGX, BURSA, NYSE, NASDAQ and NYSE ARCA. only.

•   The KE World System is a user-friendly securities trading system. It allows clients to submit trading orders and monitor their trading order status. It is equipped with the function that allows illustration of list of stocks clients are interested in. Clients can get access to Reuter News and data regarding stock indices across the world.

•   Using the KE World System allows clients to select whether they would like to see trading data on a live-feed or real-time basis.

 

Trading Line

•   Securities trading line may vary depending upon the amount of money the client deposits in his/her account.

•   Client shall deposit money in his/her trading account prior to trading commencement. Client can check the amount of deposited money which is denominated in Singapore Dollar (SGD) via a trading screen.

•   In case the client would like to increase his/her trading line, he/she shall put additional deposit in his/her account.

 

Trading Line in accordance with SEC Rules

Investor can bring money to invest abroad in accordance with the following rules:

•   For individual person and juristic person (with asset size< THB 1,000 million), the SEC will allocate trading line for him/her for the amount of $500,000 per time. Such allocated trading line must be used within 30 days. If such allocated trading line is not used within the30-day deadline, the unused trading line will be automatically cancelled. Client could request for additional trading line via Investment Consultant.In requesting for additional trading line, client must already use the trading line of $400,000. 

• For individual person and juristic person (with asset size≥ THB 1,000 million), the SEC will allocate trading line for him/her for the amount of $5 million per time. Such allocated trading line must be used within 30 days. If such allocated trading line is not used within the30-day deadline, the unused trading line will be automatically cancelled. Client could request for additional trading line via Investment Consultant. In requesting for additional trading line, client must already use the trading line of $4 million.

 

Money Deposit prior to Trading Commencement

•   In depositing money into Maybank Kim Eng’s account, if client deposits money after 4.30 p.m., such deposit will be credited to client’s trading account on the next working day. Client can check his/her trading line status via trading screen.

 ***Changing of deposit cash channel to Company, effective on 1 April 2016 (Click here for detail)

 

Submission of Trading Order

•   Client can submit an online trading order on a 24 hour basis or may submit a trading order via securities marketing officers from 8.30 a.m. to 5.00 p.m. However, trading order will be matched during the trading session of each foreign exchange.

• Clients are not allowed to submit a short sale order.

• Trading methods must be in compliance with rules/regulations as prescribed by each particular exchange.

• Clients can check whether their trading orders are matched via the KE World System or from Investment Consultant in case of submission of trading order via Investment Consultant.

• Confirmation will be provided to clients on the next working day (T+1).

 

Expenses related to Offshore Trading

 

1)    Commission fees and minimum commission for offshore trading

Group Name

Country

IC

Online

Commission (%)

Minimum Commission

Commission (%)

Minimum Commission

Asia (1) + US + Canada

Malaysia

0.43/0.40/0.36

THB 600

0.32/0.30/0.27

THB 600

Singapore

Hong Kong

United States*

Vietnam

0.43/0.40/0.36

THB 100

-

-

Indonesia

0.43/0.40/0.36

THB 2,500

-

-

Canada*

Japan

South Korea

China (SH-HK Connect)

Asia (2) + Non-Asia

Philippines

0.55/0.50/0.45

THB 3,500

-

-

Taiwan

Australia

Belgium

Denmark

Finland

France

Germany

Greece

Ireland

Italy

Luxembourg

Netherlands

Norway

Spain

Sweden

Switzerland

United Kingdom*

* The minimum commission for United States, Canada and United Kingdom is per transaction (Not per day).

 

2)    Commission fees of each country classified by volume trade

 

Group Name

 Trading Method

Volume Tradeof Each Country (X) per day 

(Unit: Million THB)

X < 5

5 ≤ X < 10

10 ≤ X

Asia (1) + US + Canada

Online

0.32%

0.30%

0.27%

IC

0.43%

0.40%

0.36%

Asia (2) + Non-Asia

IC

0.55%

0.50%

0.45%

 

3)    Other related fees

 

Item

Fee

Outward Remittance (Vietnam)

 

 

Outward Remittance (other markets)

0.1%of transferred amount, minimum of THB 1,000 per transaction, maximum of THB4,000 per transaction

THB 1,000 per transaction

Inward Remittance (Vietnam)

 

Inward Remittance (other markets)

THB 1,500 per transaction + Remittance fee** as actual, maximum of THB13,000 per transaction

THB 1,000 per transaction

Handling Fee  on Dividend for all markets except Singapore Market (exclude foreign charge)

  •        Dividend per stock  <  SGD$100

 

  •        SGD$100    Dividend per stock ≤  SGD$500

 

  •        Dividend per stock >  SGD$500

 

SGD$2 per stock

 

 

SGD$5 per stock

 

1% of dividend, maximum SGD$50 per stock

 

Handling Fee  on Dividend for Singapore Market (exclude foreign charge )

 

No Fees

** Currently, at 0.1925% – 0.22% of transferred amount

 

 

4)    Fees related to trading

 Some description

 

Remark

  • The above fees are only in approximation. The actual fees might subject to expenses upon types of securities and types of transaction per each country.

 

5)    Shares custody fee

      Holding of following shares will be subject to custodian fee:

Item

Fee

Vietnam

US$0.002 per 100 shares monthly

Japan

JPY 0.54 per 100 shares monthly

Indonesia

0.01% + 10% VAT

 

6)    Other fees

 

Apart from the above fees, the company might charge expenses or other fees such as expense from tax related, other fees from trading, handling fee due to corporate action, foreign market fees, etc.

The company reserves the right at any time without notice to amend, change, and/or withdraw any fees including the terms and conditions announced above.

 

 

Download Manual

Contact Us


Type of Enquiry
*CAPTCHA
This question is to prevent automated spam submissions. Entries are not case sensitive.