To our valued clients,

Please be advised that Securities Clearing Corporation of the Philippines (SCCP) is targeting to migrate to the shortened T+2 settlement cycle effective trade date of August 24, 2023. With this, equities trades executed on August 24, 2023 will be settled on August 29, 2023, taking into consideration the national holiday on August 28, 2023 (National Heroes’ Day).

In order to transition to the new settlement cycle, the last T+3 trades executed on August 23, 2023 will be settled on August 29, 2023 and the T+2 trades executed on August 24, 2023 will also be settled on August 29, 2023. After the August 29, 2023 settlement date, all trades will settle on a T+2 basis.

Please be guided accordingly.

Source: SCCP Website under No. 01-0623 (published on June 13, 2023)

Send us a message

For inquiries, send us a message at bpitrade@bpi.com.ph or call our hotline at 8580 4000

Visit us

23rd Floor, Ayala Triangle Gardens Tower 2, Paseo de Roxas cor. Makati Avenue, Makati City, Philippines 1226

Follow us

Start Trading

Explore our Services

Why BPI Trade

About BPI Trade

BPI Trade

BPI Trade is the online trading platform of BPI Securities Corporation (BPI Sec).
BPI Sec is a trading participant of the Philippine Stock Exchange, Inc. (PSE), a member of the Securities Clearing Corporation of the Philippines (SCCP) and Securities Investors Protection Fund (SIPF), and regulated by the Securities and Exchange Commission (SEC) and the Capital Markets Integrity Corporation (CMIC).
Copyright © 2023 BPI Sec. | All rights reserved. | Financial Consumer Protection | Data Privacy