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| Market | Settlement Period |
|---|---|
| Singapore | Trade Date + 2 market days |
| Australia | Trade Date + 2 market days |
| Malaysia | Trade Date + 2 market days |
| Hong Kong | Trade Date + 2 market days |
| Thailand | Trade Date + 2 market days |
| U.S. | Trade Date + 1 market days |
*For SGX
From 10 Dec 2018, for SGX trades denominated in a foreign currency, if T+2 (i.e 2 Singapore business days after trade date) is a currency holiday, both money and securities settlement will take place on the next banking day, common to both SGD and the foreign currency, if settlement date falls on a foreign currency holiday. Visit SGX FAQ for more details.
For foreign trades executed in HK, Malaysia and US markets, if the due date falls on Singapore holidays, money settlement will take place on the next business day (ie Due Date + 1 business day)
Shares will be force-sold if payment is not received by due date.
UOBKH reserves the right to sell your share holdings in your Sub-Account or held in custodian with us, or use the available cash balance in your Trust Account to settle any outstanding position or contra loss.
