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What is e-Share Payment?


e-Share Payment is a service provided by all stockbrokers to pay the share sales proceeds directly into your bank account as well as providing an option for you to initiate payment for share purchases via electronic fund transfers. e-Share Payment eliminates the need to bank-in the cheques received from the sale of shares and also enable you to make online payments anytime from the comfort of your home.

Similar to eDividend, one of the main objectives of implementing e-Share Payment is to promote greater efficiency of the payment system which is aligned to the national agenda of migrating to electronic payment.

Sign up now if you have not done so to enjoy the benefits and convenience of e-Share Payment.

 

FAQs

Find out the What, Why and How of e-Share Payment by downloading the FAQs.

icon_triangle_red Download FAQs

 

Registration

How do I register for e-Share Payment?

  1. To register, complete the relevant prescribed form which can be obtained from your stockbroker's office. Please note that the forms are specific to each stockbroker. For a list of stockbrokers, please click here .
  2. Submit the completed form along with relevant supporting documents to your stockbroker's office. 

What supporting documents are required?

Individual depositor Corporate depositor
  • Copy of Identification documents e.g. NRIC, Passport, Authority Card or other acceptable identification documents.

  • Copy of
    (a) your bank statement; OR

    (b) your bank savings book; OR

    (c) details of your bank account obtained from your bank’s website that has been certified by your bank; OR

    (d) letter from your bank confirming your bank account details. (disclose part containing your bank account particulars only)

  • Original documents of the above for verification.
  • Certified true copy of Certificate of Incorporation / Certificate of Registration.

  • Certified true copy of your bank statement / bank saving book / details of your bank account obtained from your bank's website / any letter from bank confirming your bank account details (disclose part containing your bank account particulars only)
More Info (for stockbrokers)

Additional resources to publicise and promote e-Share Payment to investors. Click on the individual links to download.

1. Flyer (English/Malay FAQs)
2. Flyer (Chinse FAQs)

For more info, please contact your individual stockbroker. For a list of stockbrokers, please click here.

 
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