Short Term Financing

A financing facility that allows clients to extend their settlement period for up to 10 days

Short-Term Financing is a financing facility that allows clients to extend their settlement period for up to 10 days. The normal settlement period for investing in shares is 3 days. Depending on the clients' cash and share balance, which act as collaterals for the facility, Short-Term Financing provides the possibility to heighten investing goals and plans.

Features

Outstanding position after T+10

In the event of an outstanding position after T + 10, force selling will be executed on all outstanding positions on T + 11

 

What You Gain

 

Transaction Costs

Brokerage

Charges for contra within T+10

Charges incurred for shares picked up within T+10

Charges for losses incurred

 

Opening of Trading Account

Required documents

Eligibility

Those with a normal trading account with Maybank Investment Bank Berhad

 

Terms and Conditions

The Short-Term Financing facility will be operated according to the supplementary terms and conditions apart from the normal trading terms and conditions.

Click here to view our terms and conditions.

To learn more, please click here.

 

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