Electronic Payment for Shares (EPS)

General FAQs

  1. Who can use the Electronic Payment for Shares (EPS) service?

    To use EPS service, you have to link up a share trading account with your DBS or POSB Current/ AutoSave/ Savings/ Saving Plus account.
    For EPS users on DBS or POSB ATM and Phone Banking, the service/ link will automatically be available to you on DBS iBanking. If you have yet to apply for this EPS link, please refer to your broker for an application form.

  2. Can I view all my contracts on DBS iBanking?

    Yes, you can view all your outstanding and paid contracts of the share trading account that is linked with your DBS/ POSB deposit account.
    Note that your contracts will be removed from the outstanding records after the due date, regardless if you have paid for the contract or not.

  3. When is my EPS payment effected?

    For EPS made:

    • Before 2130 hr (Singapore Time), your broker will receive payment on the next working day.
    • After 2130 hr (Singapore Time), your broker will receive payment 2 working days later.
    • On Fridays, Saturdays, Sundays and eve of Public Holidays, your broker will receive payment on the next working day regardless of the time of transaction.

    Your paid contracts through EPS will only be excluded from the contract table after your broker acknowledges the receipt of your payments.

    EPS service will not be available from 2130 hr to 2245 hr (estimated) daily for system maintenance. In the event that the service is unavailable or unsuccessful, please try again later.