Public Investment Bank combines online Bursa dealing with a dealer representative and a CDS-linked account. The normal settlement cycle and its optional Discretionary Financing facility have different deadlines and costs. Published service tariffs also show charges for depository administration, corporate actions and foreign custody that a brokerage-only comparison would miss.[2][4][3][5]
Accounts and eligibility
Sections ↑Account comparison01
Accounts needed for eTrade
| Item | Details |
|---|---|
| Trading relationship | A Public Investment Bank trading account and online access are required.Source 2 |
| Depository account | The FAQ specifies a CDS account opened through the bank in the beneficial owner’s name.Source 2 |
| Existing CDS elsewhere | The guide says a CDS account at another broker cannot simply be linked to this eTrade account.Source 2 |
Account comparison02
Published application eligibility
| Item | Details |
|---|---|
| Individuals | The dated FAQ describes Malaysian citizens aged 18 or over.Source 2 |
| Companies | Corporate applications are supported under the stated account procedures.Source 2 |
| Joint accounts | The FAQ excludes joint trading accounts; a dealer representative assists with application and verification.Source 2 |
Account comparison03
Opening costs and indicative processing
| Item | Details |
|---|---|
| Trading-account opening | No opening fee is listed in the FAQ.Source 2Source 3 |
| CDS opening | RM10 in the depository tariff.Source 2Source 3 |
| Processing and trial | The dated guide gives a three-market-day processing target and a 14-day trial; these are published guide terms, not a guaranteed current approval time.Source 2Source 3 |
Products and market access
Sections ↑Specifications04
Dealing and special instructions
| Item | Details |
|---|---|
| Bursa securities | Online dealing is linked to the CDS and trading-account arrangement.Source 2Source 3 |
| Odd lots | The FAQ describes odd-lot access through its HTML5 interface.Source 2Source 3 |
| Dealer-only matters | Designated counters and buying-in require the dealer representative under the guide.Source 2Source 3 |
Specifications05
Foreign custody and financed shares
| Item | Details |
|---|---|
| Foreign securities | The service schedule includes separate Hong Kong and other foreign custody/corporate-action charges.Source 3Source 4 |
| Discretionary Financing | A distinct short-term financing facility subject to approval and collateral rules.Source 3Source 4 |
| Margin financing | A separate service with its own documentation, interest formula and lending conditions.Source 3Source 4 |
Trading and holding costs
Sections ↑The service-fee PDF is undated, and the operational FAQ is dated 29 August 2023. The fees below identify the relevant service rather than presenting financing charges as the ordinary cash brokerage rate. Obtain the current brokerage agreement and applicable tax treatment for the account before placing an order.[3][2][4]
Pricing & charges06
CDS administration
Pricing & charges07
Discretionary Financing charges
| Item | Details |
|---|---|
| Facility fee | 0.30%, minimum RM10, from T+4 under the DF disclosure.Source 4Source 3 |
| Interest | 9% per year on a daily-rest basis from T+4.Source 4Source 3 |
| Cost boundary | These are financing charges; they do not replace brokerage or other transaction costs.Source 4Source 3 |
Pricing & charges08
Other overdue purchase charges
| Item | Details |
|---|---|
| Conventional overdue purchase/contra loss | 11% per year, calculated daily, in the general service schedule.Source 3 |
| Islamic late-payment item | 10% in the separately labelled Islamic line.Source 3 |
| Product distinction | The DF facility’s 9% rate applies under its own terms; do not combine the schedules into one universal rate.Source 3 |
Pricing & charges09
Domestic nominee corporate actions
| Item | Details |
|---|---|
| Dividend service | 1% of the net dividend, minimum RM5.Source 3 |
| Rights and specified subscriptions | RM20 per subscription for the listed rights, takeover, warrant and ICULS conversion services.Source 3 |
| Fee basis | Each event follows its own tariff line; these are separate from buying or selling the share.Source 3 |
Pricing & charges10
Foreign dividends outside Hong Kong
| Item | Details |
|---|---|
| Foreign-broker component | 1% of the net dividend, minimum SGD1 and maximum SGD50.Source 3 |
| Public Investment Bank component | A further 1%, minimum SGD1 and maximum SGD50, in the corresponding bank line.Source 3 |
| Practical effect | The schedule contains two service components; quoting only one can understate the total.Source 3 |
Pricing & charges11
Other foreign corporate actions
| Item | Details |
|---|---|
| Rights subscription | The non-Hong Kong schedule lists SGD10 at the foreign broker plus RM20 at Public Investment Bank.Source 3 |
| Scrip dividend | SGD10 plus RM10 in the respective service columns.Source 3 |
| Singapore transfer out | SGD20 plus RM20 under the listed transfer service.Source 3 |
Pricing & charges12
Hong Kong custody events
| Item | Details |
|---|---|
| Dividend, foreign-broker component | 0.50% of gross dividend, minimum HKD20 and maximum HKD2,500.Source 3 |
| Dividend, bank component | 1% of net dividend, minimum RM5.Source 3 |
| Security movement | The foreign-broker transfer charge is 0.01%, minimum HKD3 and maximum HKD300; the outward bank component is RM20.Source 3 |
Pricing & charges13
Margin-finance documentation
| Item | Details |
|---|---|
| Limit stamp duty | 0.50% of the facility limit in the schedule.Source 3 |
| Document stamp duty | RM10 for each listed document.Source 3 |
| Legal fee and interest formula | RM394.80 legal fee and SBR plus 3.17% interest; the applicable SBR must be obtained for the current facility.Source 3 |
Pricing & charges14
Paper and special records
Platforms, orders and execution
Sections ↑Process15
Order entry and validity in the published guide
| Item | Details |
|---|---|
| Entry window | The FAQ permits order entry except during its stated 17:00–17:15 system interval.Source 2 |
| Good-till-date | A maximum validity of 30 days is specified.Source 2 |
| Unmatched order | An unexecuted order can be cancelled; executed portions remain binding.Source 2 |
Process16
Positions and portfolio display
| Item | Details |
|---|---|
| Transfer updates | The guide describes transferred-share updates on T+1.Source 2 |
| Sales | Sold quantities are reflected immediately in the displayed position.Source 2 |
| Performance display | Corporate actions can affect displayed portfolio cost and profit/loss; retain the transaction record as well as the screen value.Source 2 |
Process17
Normal settlement and overdue sales
| Item | Details |
|---|---|
| Payment | The ordinary purchase cycle described is T+2.Source 2 |
| Overdue sale | On T+3, the FAQ says the customer cannot perform the overdue sale online and must contact the dealer representative.Source 2 |
| Distinction | The optional DF facility follows its own approved financing timetable.Source 2 |
Funding, settlement and transfers
Sections ↑Process18
DF activation and final payment deadline
Process19
Earlier DF liquidation trigger
| Item | Details |
|---|---|
| Loss test | Realised and unrealised losses exceeding 75% of the capped collateral value can trigger action.Source 4 |
| Timing | The disclosure allows earlier forced selling after T+3 in the stated circumstances.Source 4 |
| Investor responsibility | The T+7 deadline is not an unconditional right to retain a deteriorating financed position until that day.Source 4 |
Process20
DF collateral restrictions
| Item | Details |
|---|---|
| Permitted form | The facility uses cash and eligible shares subject to the bank’s valuation and limits.Source 4 |
| Excluded examples | Public Bank shares, warrants, structured warrants, loan stocks and foreign securities.Source 4 |
| Other restrictions | PN17/GN3 counters and securities suspended for more than three days are excluded in the disclosure.Source 4 |
Custody and client protection
Sections ↑Protections & eligibility21
Bank identity and supervisory category
Protections & eligibility22
CDS ownership and financed exposure
| Item | Details |
|---|---|
| Account registration | The FAQ describes the CDS in the investor’s beneficial-owner name.Source 2Source 4 |
| DF account | The financing disclosure uses a direct CDS arrangement.Source 2Source 4 |
| Security interest | A financed investment remains subject to collateral and forced-sale rights under its facility agreement.Source 2Source 4 |
Support, complaints and records
Sections ↑Process23
eTrade help and dealing assistance
| Item | Details |
|---|---|
| Helpdesk | +60 3 2268 3023 or +60 3 2268 3028 on the current portal.Source 1Source 2 |
| [email protected] in the published FAQ.Source 1Source 2 | |
| Dealing disruption | The guide directs the client to the dealer representative when online access is unavailable.Source 1Source 2 |
Process24
Records to retain
| Item | Details |
|---|---|
| Execution evidence | Keep contract notes and settlement details, including partially executed orders.Source 2Source 3 |
| Portfolio discrepancy | Reconcile the trading display, CDS movement and relevant corporate action.Source 2Source 3 |
| Extra copies | The service tariff sets separate charges for statement reprints and audit confirmation.Source 2Source 3 |
Research and additional services
Sections ↑Availability25
Dealer and digital roles
| Item | Details |
|---|---|
| Online route | Order entry, portfolio viewing and account information.Source 2 |
| Dealer representative | Application assistance and the specified special or overdue dealing instructions.Source 2 |
| Authority | A technical enquiry does not automatically constitute an accepted dealing instruction.Source 2 |
Availability26
Choosing a financing arrangement
| Item | Details |
|---|---|
| Short settlement extension | DF has a defined payment timeline, facility fee and daily-rest interest.Source 4Source 3 |
| Margin facility | A different product with its own collateral, documentation and SBR-linked rate.Source 4Source 3 |
| Decision point | Obtain the facility-specific disclosure rather than treating all financed exposure as the same account.Source 4Source 3 |
Company and service history
Sections ↑Regional comparison27
Institution and contact location
Regional comparison28
Documents that govern different services
| Item | Details |
|---|---|
| Online workflow | The eTrade FAQ describes account and dealing procedures.Source 2Source 4Source 3 |
| Financing agreement | The DF application and product disclosure govern its approved facility.Source 2Source 4Source 3 |
| Service schedule | The 11-page tariff covers depository, custody, financing and administrative services beyond basic brokerage.Source 2Source 4Source 3 |
- Headquarters
- Malaysia
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Public Investment Bank Berhad
No separate licence entry is recorded in this panel.
Cost illustrations and practical implications
Sections ↑Scenarios29
Calculated DF cost components
| Item | Details |
|---|---|
| Assumption | RM10,000 financed and a 0.30% facility fee.Source 4 |
| Facility fee | RM30, before any applicable tax or separate dealing charges.Source 4 |
| Daily interest illustration | At 9% per year, approximately RM2.47 a day on RM10,000 using 365 days; the actual agreement’s calculation basis governs.Source 4 |
Scenarios30
Why settlement deadlines matter
| Item | Details |
|---|---|
| Normal account | T+2 payment and the stated T+3 dealer process.Source 2Source 4 |
| Approved DF account | Automatic funding and later final repayment are governed by the DF agreement.Source 2Source 4 |
| Risk consequence | A later payment deadline does not remove an earlier collateral-triggered forced sale.Source 2Source 4 |
Sources & further reading
- Public Investment Bank: current eTrade portal and helpdesk Public Investment Bank — Public Invest eTrade · Accessed 27 Oct 2026
- Public Invest eTrade frequently asked questions, 29 August 2023 Public Investment Bank — Public Invest eTrade · Accessed 27 Oct 2026
- Public Investment Bank: fees and charges, 11-page service schedule Public Investment Bank — Public Invest eTrade · Accessed 27 Oct 2026
- Public Investment Bank: Discretionary Financing product disclosure and terms Public Investment Bank — Public Invest eTrade · Accessed 27 Oct 2026
- Bank Negara Malaysia: Public Investment Bank Berhad institution entry Bank Negara Malaysia · Accessed 27 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.