(1) For Individual/Joint Accounts:
Please furnish with the following documents:
We will also require the below supporting documents:
· NRIC/passport
· proof of residency (Utility bills/bank statements within 6 months)
*Note: You need to be above 18 years of age.
(2) For Corporate Accounts
Please furnish with the following documents:
We will also require the below supporting documents:
· Authorized signatories
· Authorized Traders
· Company directors and shareholders
· Certificate of Incorporation
· Singapore Biz file
· Memorandum and Articles of Association
· Latest Financial statements or management financials
· Organizational Chart
*Note: Additional document(s) may be required for compliance purposes
The Legal entity identification (LEI) number is a unique 20-character identifier for a legal entity which trade in financial markets (stocks, bonds, futures, forex, etc.), connecting financial markets, companies and regulators. Issuance of LEI codes is governed by Global Legal Entity Identifier Foundation (GLEIF).
In light of EU regulations, all market participants trading into EU venues will be required to have an LEI. That means Investors must obtain an LEI before trading into ICE Futures Europe markets.
LEI can be used for regulators to oversee financial markets. Every deal conducted in the markets will connect to the other counterpart with an LEI.
An LEI needs annual renewal. This means that an LEI issued on 01.01.2020 will have to be renewed before 01.01.2021. If the deadline has passed, your LEI code will become inactive until renewed again. This renewal process is necessary to ensure the data in the Global LEI Pool is relevant and up to date. LEI Register offers the renewal of LEIs for 1-, 3- or 5-year period.
To register a LEI number, you can visit https://www.gmeiutility.org/ to complete a Self-Registration process. The basic registration fee is $100.00 or €90.00 (Please note that the basic charge for registration/renewal is dependent on the Managing LOU and Legal Address Country). In accordance with the 2014 funding plan for the Global Legal Entity Identifier Foundation (GLEIF), each renewal submission is also subject to a $11.00 or €10.00 per record per year GLEIF Surcharge.
A Standard Settlement Instruction (SSI) with bank information will be provided to on-boarded clients, and you can TT the funds or drop the cheque to the bank directly (please send us a copy of cheque for reference).
Other than USD and SGD, we accept most of the major currencies – namely JPY, GBP, AUD, EUR, CNH, and HKD. Contact us for SSI when you want to deposit. Please note that any deficit currencies might be charged interest on a daily basis.
All funds deposited by clients with Bright Point International Futures Limited will be kept in a segregated customer funds account. In accordance with Cap 571I - Securities and Futures (Client money) Rules and Cap 571H - Securities and Futures (Client Securities) Rules, issued by SFC of Hong Kong, we is obliged to hold money assets held on behalf of clients in accounts separated from the company’s own money and assets.