I B Gimenez Securities only charges execution fees on the purchase and sale of shares for your account.
The fees are comprised of mandated clearing and exchange fees plus the commission paid to I B Gimenez.
Typical brokerage rates start at 1%.
Buying
• Commission:
• Value Added Tax (VAT):
• Securities Clearing Corporation
of the Philippines fees:
• Philippine Stock Exchange fees:
• Value Added Tax (VAT):
• Securities Clearing Corporation
of the Philippines fees:
• Philippine Stock Exchange fees:
1% of the gross trade amount
12% of commission
0.01% of the gross trade amount
0.005% of the gross trade amount
12% of commission
0.01% of the gross trade amount
0.005% of the gross trade amount
To illustrate
Client buys 1,000 BPI shares at P50 (Par value is P5.00)
Gross Amount of his purchase is
The applicable fees for this transaction are:
Commission (1% of P50,000)
VAT (12% of P500)
Transaction fees (0.005% of P50,000)
SCCP fees (0.01% of P50,000)
Total buyer fees
Commission (1% of P50,000)
VAT (12% of P500)
Transaction fees (0.005% of P50,000)
SCCP fees (0.01% of P50,000)
Total buyer fees
P50,000.00
500.00
60.00
2.50
5.00
P567.50
500.00
60.00
2.50
5.00
P567.50
Selling
• Commission:
• Value Added Tax (VAT):
• Stock Transaction Tax
• Transaction fees
• Securities Clearing Corporation Of the Philippines fees:
• Value Added Tax (VAT):
• Stock Transaction Tax
• Transaction fees
• Securities Clearing Corporation Of the Philippines fees:
1% of the gross selling proceeds
12% of commission
0.5% of the gross selling proceeds
0.005% of the gross selling proceeds
0.01% of the gross trade amount
12% of commission
0.5% of the gross selling proceeds
0.005% of the gross selling proceeds
0.01% of the gross trade amount
To illustrate
Client sells 1,000 BPI shares at P50 (Par value is P5.00)
Gross selling proceeds of his sale is
The Applicable fees for this transaction are:
Commission (1% of P50,000)
VAT (12% of P500)
Stock Transaction Tax (50,000 x 0.5%)
Transaction fees (0.005% of P50,000)
SCCP fees (0.01% of P50,000)
Total seller fees
The Applicable fees for this transaction are:
Commission (1% of P50,000)
VAT (12% of P500)
Stock Transaction Tax (50,000 x 0.5%)
Transaction fees (0.005% of P50,000)
SCCP fees (0.01% of P50,000)
Total seller fees
P50,000.00
500.00
60.00
250.00
2.50
5.00
P817.50
500.00
60.00
250.00
2.50
5.00
P817.50