We are shifting from the Settlement Accounts (SETA) as part of a major upgrade to how funding and settlement will work in your BPI Trade account. This change allows us to:

• Introduce enhanced features within the platform to make managing your cash and transactions more convenient.
• Expand available funding methods over time to give you more flexibility when adding funds to your account.
• Improve the account opening experience so that more clients can easily start trading with fewer requirements.
• Simplify the overall funding and settlement process by consolidating it under BPI Securities for a smoother experience.

Your existing funds were securely moved to the updated facility linked to your trading account, and no action is required from you.