Notification - Singapore Bank Holiday (9, 12 August 2019)
Dear Valued Client,
Kindly be reminded that the following dates are Singapore bank holidays:
- Friday 09 August 2019 (National Day)
- Monday 12 August 2019 (Hari Raya Haji observed)
With this, we strongly advise all clients to maintain adequate funds with the Company to mitigate the possibility that the Company will have to cut your positions in the case of adverse market volatility and you are unable to fund in due to the bank’s closure.
For funding into our Singapore bank accounts, kindly note that we will continue to be able to sight the funds but only on the day of the funding in. The value date will be on the first available business day, 13th August 2019.
FAST transfer (SGD only) to Singapore banks will be available but subject to a maximum amount of SGD 200,000 only.
Alternatively, we can also accept funding through our foreign bank accounts. Kindly contact your account manager for the bank details.
We thank you for your attention.
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With best regards,
Daryl Tan
Head of Risk Management
KGI Securities (Singapore) Pte. Ltd.
