Bank Details


You can deposit funds through the below methods:

  • Instant Bank Transfer
  • Telegraphic Transfer


Internet Bank Transfer

Recommended for customers with a Malaysia bank account

1. For Futures Trading (Beneficiary name: Phillip Capital Sdn. Bhd.)

Bank SWIFT Code (For International Bank Transfer): MBBEMYKL

BankCurrencyAccount Number
Maybank (Malayan Banking Berhad)MYR514011-003146
Public BankMYR3-1839875-13

2. For Stockbroking (Beneficiary name : Phillip Capital Sdn.Bhd)

Bank SWIFT Code (For International Bank Transfer): MFBBMYKL

BankCurrencyAccount Number
Alliance Bank Malaysia BerhadMYR1408-2001-0040-489
Public BankMYR3090343035
CIMB BankMYR8005488328

3. For Contract for Difference (CFD) Trading (Beneficiary name: Phillip Capital Sdn. Bhd. – CFD)

BankCurrencyAccount Number
Maybank (Malayan Banking Berhad)MYR514012-111172

Please ensure that:

  • Payee/beneficiary name is PHILLIP CAPITAL SDN BHD
  • Your Phillip Capital Sdn Bhd account no. (e.g. PQR1234 / PKL001 / PF00001) is indicated under Initial/Reference/Description/Detail/Comment/Remarks
  • Please enter your Phillip Capital account number without any hyphens, punctuation or spaces.
  • Your proof of transfer is send to your broker representative. 

  • Deposits made to Phillip Capital are not immediately received and instructions to liquidate in part or all of your positions may still arise before your funds are credited into your account. To avoid forced liquidation of positions, your deposits must be cleared and booked into your account/trading platform. Please note that liquidation instructions are irrevocable, even though we may be in the process of receiving your funds or crediting them into your account/trading platform.


Additional Notes:

  • For any other query regarding funds deposit, you may contact us at (603) 2783 0388 or email

  • Supporting document(s) may be required to ascertain the source of funds.
  • There may be delays in the crediting of clients’ funds arising from delays or service disruptions on the banking service providers’ end.
  • There may be additional fees charged by the bank(s) involved in the processing of the telegraphic transfer. Phillip Capital will credit the actual amount received.

There is no fee for funds deposited through Instant Bank Transfer

Telegraphic Transfer

When transferring funds through telegraphic transfer, there will be various banks involved (i.e. remitting bank, intermediary bank(s) and receiving bank). Each bank may charge some fees for processing the transfer.

First Time Deposit

Futures: MYR1000 (BMD trading); MYR5000 (Foreign Exchange trading)

Contract For Difference: MYR1000

Stockbroking: RM10 (CDS Fees)

Successful transfers can be credited instantly, to within 1 hour with Internet Bank Transfer during office hour.

For telegraphic transfers, the funds generally should be received within 1 to 5 business days. The time taken varies depending on the country or bank the funds are being sent from. Please check with your remitting bank for more details.

Please consider faster funding methods (Instant Bank Transfer) through which funds can be credited instantly to within 1 hour during office hour.

If cheque deposit is the preferred funding method, it can be made directly to Phillip Capital Sdn Bhd’s bank account. Phillip Capital does not accept cheques at our offices.

Funds will only be credited to your account after the cheque is cleared by the bank. For margin calls/low equity situations, cheque deposits will not be taken into consideration until after the cheque has been cleared.

As we need to ascertain the sender of the cheque, please take the following steps when depositing cheques:

  1. Cheque to be made payable to Phillip Capital Sdn Bhd, cross the cheque and strike off bearer.
  2. Indicate Phillip Capital’s bank details, your Phillip Capital account number, and your contact number at the back of the cheque.
  3. Take a photo of the front and back of your cheque, and the deposit slip with bank stamp.
  4. Send the photo to your broker representative.


Complete the withdrawal form

Download the withdrawal form from our website here. Alternatively, you can obtain a physical copy from our office or request for one from


  • The cut-off time for withdrawal form submission is 10am during business day, any submission thereafter will be processed the next business day.
  • For any other query regarding fund withdrawal, you may contact us at (603) 2783 0388 or email for assistance.

  • Remittance charges will be borne by the client and will be charged by banks processing the remittance. Phillip Capital does not charge any fees.

We will require a minimum of 1 business day to complete your withdrawal request. For same business day processing, please note the following timings:

Cut-off timings for same day processing

  • For online withdrawal: 10am daily.
  • For withdrawal forms received via email or fax: 10am daily.
  • For MYR withdrawal, the funds will be transferred to your bank account on the day of processing.
  • For foreign currency withdrawal, the duration taken for processing is dependent on the receiving bank.

If you submit your withdrawal request before the stipulated cut-off time, it will be processed within the same day. Else it will be processed on the next business day.

Do also provide us with a copy of the corresponding bank statement by sending it to or update your bank details with us via your Dealer’s Representative.

The bank statement should include the following details:

  1. Bank Name
  2. Your Name
  3. Bank Account Number
  4. Statement Date (latest month)


No. You can only withdraw and transfer funds from your Phillip Capital account to a bank account under your name.


Please submit your bank details for verification before performing a withdrawal. Bank account verification process may take up to 2 working days.

Funds from a client’s trading account can only be transferred to a bank account in their name. The bank details are required as verification of proof of ownership before the withdrawal request can be processed.

Yes. Bank details need to be submitted again as proof of ownership for each bank account that you provide to us.

Can't find what you are looking for?

Should you have any query, you may contact us at 03-2783 0388 or
email us at