You may add, remove or change share counters, and adjust your monthly investment amount through a simple online form.
To sell, submit your request by 2:30pm on any business day.
The price at which you sell your shares will be at the Average Sale Price on the date of execution.
Action |
Inform us by |
Effective by |
---|---|---|
To amend (monthly investment amount, or settlement account used for debiting & crediting in relation to BCIP) |
9pm on the day preceding the 17th of each month
If the 17th is not a business day, the business day preceding the 17th |
22nd of the current month |
To amend (selection of new counters) | 12pm on the last business day of each month | 22nd of the next month |
To sell | 2.30pm on any business day |
Next business day
You will receive your funds within three business days from the date of execution |
To stop monthly investment |
9pm on the day preceding the 17th of each month
If the 17th is not a business day, the business day preceding the 17th |
22nd of the current month |
If the 22nd of the month happens to be on a non-business day, the amended instruction will take effect on the next business day.
The above illustrations of effective timelines apply to successful BCIP applications approved by OCBC Bank.