The different fees imposed by the CPF Agent Bank are as shown below:
CPF Agent Bank
1Transaction Fees (Buy/Sell)
2Quarterly Service Charge
For failed trade due to insufficient funds
DBS
$2.50
$2.00
$5.00
OCBC
$2.50
$2.00
$5.00
UOB
$2.00
$2.00
$5.00
Please note that fees are GST applicable, and subject to change by the respective Agent Banks. 1The fees are charged on a client level basis. For example, if you have 2 CPF buy orders on the same T-day, the agent bank transaction fee will be $2 + GST (Assuming UOB). 2This is charged on a client level basis. For example, if you have 3 CPF portfolios, the quarterly service charge will be $2+GST.
The MoneyOwl Advisory fees are deducted from the units in your portfolio on a quarterly basis. If there are insufficient units to deduct, the fees will be deducted from your cash account balance. For MoneyOwl, projected returns are net of Total Fees.
