What are Dollar Denominated Securities?

Dollar Denominated Securities (DDS) are securities listed on the Philippine Stock Exchange (PSE) that are traded and settled in US dollars (USD). Any corporate action entitlements—such as dividends—are also paid out in USD, making DDS an attractive option for investors who wish to build or manage their dollar‑based investments.

Opening a DDS Account

A DDS account may be opened in the same way as a regular BPI Trade account, provided you have an existing USD checking or savings account (BPI or non‑BPI). A BPI Trade Peso account is not required.

Additional requirements include:

• USD checking or savings account number (any bank)
• Copy of your latest USD bank statement

DDS accounts are maintained separately and cannot be accessed or traded through a BPI Trade Peso online account.

Funding Your DDS Account

Once your DDS account is approved, fund your account by depositing USD to:

BPI Securities Corporation
USD Account No.: 0014 2504 89

After funding, please email your deposit slip or transfer confirmation to bpitrade@bpi.com.ph. Bank transfer fees may apply.

Trading Dollar Denominated Securities

All DDS trades are facilitated through our Client Relations and Trading team. To place buy or sell orders, contact us via:

📧 bpitrade@bpi.com.ph
📞 (02) 8580‑4000, select Option 2

Operating hours are 8:30 AM to 5:30 PM, Mondays to Fridays (except holidays). Trade confirmations are sent via email once orders are matched or executed.

Pending orders may be modified or canceled, subject to the trading schedule.

Withdrawals

To withdraw funds, email a scanned copy of your signed withdrawal request form to bpitrade@bpi.com.ph.

• Requests before 10:00 AM are credited the same trading day
• Requests after 10:00 AM are credited on the next trading day

Funds are credited to your nominated USD account between 3:00 PM and 6:00 PM.

Statements of Account

Monthly DDS Statements of Account are sent via email or courier, depending on your preference, starting the first week of each month. Delivery timelines for hard copies may vary by location.

Fees

The Philippine Depository & Trust Corporation charges BPI Securities a Depository Maintenance Fee of 0.000027777% for daily dollar market value of your holdings which is subject to 12% Value Added Tax (VAT). For clients with submitted Auto Payout Form, this will be deducted from the quarterly cash dividends. While for clients who are not entitled to receive dividends for the next payout, it will be deducted from the sell proceeds.