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Offshore Trading

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 America, Europe and Asia.
  • 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.

 

Scope of Service and Settlement

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 26 countries as follows:

Group Name

Country

Trading Channel

Settlement Date

Online

IC

Asia (1) + US + Canada

Malaysia

X

X

T+2

Singapore

X

X

T+2

Hong Kong

X

X

T+2

United States

X

X

T+2

Vietnam

 

X

T+2

Indonesia

 

X

T+2

Canada

 

X

T+2

Japan

 

X

T+2

South Korea

 

X

T+2

China (SH-HK Connect)

 

X

T+1

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

Ireland

 

X

T+2

Italy

 

X

T+2

Luxembourg

 

X

T+2

Netherlands

 

X

T+2

Spain

 

X

T+2

Sweden

 

X

T+2

Switzerland

 

X

T+2

United Kingdom

 

X

T+2

 

  • Fund will be deducted from client’s account with us on settlement date (based on each stock exchange). According to time zone and settlement date, net settlement is allowed in case of trading in same stock exchange with the same currency only.
  • In case of client maintains accounts in Thai Baht and other foreign currencies, the Company will firstly debit client’s account in same foreign currency. If fund is still insufficient, client is required to convert Thai Baht to trading currency (plus Remittance Fee), respectively.
  • Fund received from trading will be maintained with our brokerage in Singapore until receipt of client’s instruction to remit fund back to Thailand or convert to other currencies. There is no interest paid in fund deposit at Singapore.   
  • Profit income from offshore trading will be computed Thailand personal income tax on the basis of a tax year.  
  • If client would like to remit fund back to Thailand, he/she is able to perform    self-service via our website link: https://www.maybank-ke.co.th/index.html  (e-withdrawal) or contact your Investment Consultant if preferred.

 

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.
  • 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.
  • Client is able to receive real-time data or live-feed with additional charge based on each stock exchange.

 

Trading Line

  • Trading line is depend on available fund in his/her account.
  • Client is required to deposit fund in his/her trading account prior trading commencement. He/she is able to check his/her trading line displayed in Singapore Dollar (SGD) via online trading screen.
  • In case client would like to increase his/her trading line, he/she shall deposit additional fund in his/her account.

 

Cut-off Time of Deposit Money

  • In case client deposits money after 16:30 p.m., his/her trading line will be increased on next day. Client is able to monitor his/her trading line via Online Trading screen.

 ***4 channels for deposit money to buy collateral (Click here for detail)

https://www.maybank-ke.co.th/th/account-opening/account-opening/investor-knowledge/index.html

 

Submission of Trading Order

  • Client is able to submit trading order(s) via Online Trading under 24 hour service is or may submit trading order via Investment Consultant (if preferred) during        08:30 a.m. – 17:00 p.m. However, trading order will be matched during office hour of each stock exchange.
  • Clients are not allowed to submit a short sale order (no stock in his/her portfolio).
  • 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 him/her.
  • Confirmation Note 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

Via IC

Via Online system

Fee (%)

Minimum rate

Fee (%)

Minimum rate

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 1,000

-

-

Canada

Japan

South Korea

China (SH-HK Connect)

Asia (2) + Non-Asia

Philippines

0.55/0.50/ 0.45

THB 1,000

-

-

Taiwan

Australia

Belgium

Denmark

Finland

France

Germany

Ireland

Italy

Luxembourg

Netherlands

Spain

Sweden

Switzerland

United Kingdom

* The minimum commission for United States is per transaction (Not per day).

 

2)    Commission fees of each country classified by volume trade 

Group Name

Volume Trade of Each Country per Day

Trading Type

Online

IC

Asia (1) + US + Canada

from          THB 1 – THB 4,999,999

0.32%

0.43%

more than  THB 4,999,999  -  up to THB 9,999,999

0.30%

0.40%

more than  THB 9,999,999  

0.27%

0.36%

Asia (2) + Non-Asia

from          THB 1 – THB 4,999,999

-

0.55%

more than  THB 4,999,999  -  up to THB 9,999,999

0.50%

more than  THB 9,999,999  

0.45%

 

 3)    Other related fees 

Transaction Type

Fee

  ·  Outward Remittance

     VND (Vietnam)

0.1%  Min THB 1,000  Max THB 4,000 / Transaction

     USD / SGD / HKD 

THB 500 / Transaction

     Other currencies

THB 1,000 / Transaction

  ·  Inward Remittance

     VND (Vietnam)

THB 1,500 + 0.1925%  Max THB 13,000 / Transaction

     USD / SGD / HKD 

THB 500 / Transaction

     Other currencies

THB 1,000 / Transaction

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

     Dividend  <  SGD 100

SGD 2 / stock

     Dividend  ≥  SGD 100  but  ≤ SGD 500

SGD 5 / stock

     Dividend  > SGD 500

1% of dividend, maximum SGD 50 / stock

4 )    Fees related to trading

        Click Here

  •          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:

Country

Fee

Australia

0.0175%  / year

Indonesia

0.01% + 10% VAT

Japan

JPY 0.0055 / stock / month

Taiwan

0.12%  / year

Vietnam

VND 0.27 / stock / month

 

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.

 

7)    Offshore Account Opening

Click  

 

8)  Offshore Trading Manual

8.1   KEWORLD manual   (Our Current Offshore Trading system) 

8.2   MKET Offshore manual (The program is not ready yet for serve our client. If the service date is set, we will inform in advance)

- MKET Offshore Guide
- Appendix - MKET Offshore Guide
- MKET Offshore ShareCode Comparison

8.3  VDO MKET Offshore  (The program is not ready yet for serve our client)

 https://youtu.be/_7t4VgLiSjw