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In a financial environment that is both dynamic and ever-changing, you need an account that better manages your finances.
The Phillip Cash Management Account (PCMA) allows you to potentially earn returns while waiting for investment opportunities at no cost.
Your excess money in the account will be automatically invested into the Phillip Money Market Fund (SGD) or Phillip USD Money Market Fund.
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| 1. Potentially earn returns on your excess money |
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| The account allows you to opt into the excess cash management feature. The feature lets you potentially earn returns while waiting for investment opportunities, by automatically investing in Phillip SGD Money Market Fund or Phillip USD Money Market Fund, whichever currency available in your account. Even you do not opt into the feature; you will also earn potential interests. For interest rates, please contact unittrust@phillip.com.sg |
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| 2. Multi Currency Option |
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| You have an option of maintaining a foreign currency balance, eg USD, HKD, MYR, and JPY in your account for ease of investing and efficient cash management of your foreign currency denominated investments. Settlement can either be in the traded currency or in SGD. However, you must have sufficient money in the settlement currency to avoid incurring interest on debit balances. |
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| 3. Various Payment Method |
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| We offers 4 types of payment methods, eg cheque/ cash, EPS, internet bill payment, and TT for your convenience |
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| 4. Multi Product Investment Account |
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| With this account, you can invest in unit trusts, shares, ETF, treasury bills and other investment products that Phillip Securities offer. |
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| Click here to read more to know about Cash Management Account. |
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