Fee Structure
For all types of structured notes transferred into Tiger, the fee structure is as follows:
Fee Item | Fee Description | Remarks |
Custody Fee | Charged monthly at 0.05% p.a. (5 basis points) of the face value of the notes | Calculated based on the face value on the last trading day of each month. If the note is knocked out or redeemed during the month, no custody fee will be charged for that month. |
Transfer-In Fee | Free | No charge for transferring structured notes into Tiger accounts |
Transfer-Out Fee | USD 100 per transaction | Each transaction is based on individual contracts (ISIN). If multiple contracts with different ISINs are transferred in one operation, each contract is treated as a separate transaction, and USD 100 is charged for each. |