The following lists the corresponding charges for buying and selling transactions:


FOR BUYING AND SELLING:


ADDITIONAL FEE FOR SELLING
FEE AMOUNT REMARKS
Commission* 0.25% Of the Gross Trade Amount
Value Add Tax (VAT) 12% Of Commission
Philippine Stock Exchange Transaction Fee (PSE Trans Fee) 0.005% Of the Gross Trade Amount
Securities Clearing Corporation of the Philippines Fee (SCCP) 0.01% Of Gross Trade Amount
Sales Tax No. of Shares x Price x 0.6%


* NOTE: The Commission fee has a minimum charge of P20.00 per transaction. And if you require a broker-assisted trade, the commission charge is 0.5% of the Gross Trade Amount.


Example:


Buying - Total fees for buying 20,000 shares of ALI at Php5.00/share


FEE COMPUTATION AMOUNT
Commission (20,000 x P5.00) x 0.25% P250.00
VAT P250 x 12% P30.00
PSE Trans Fee (20,000 x P5.00) x 0.005% P5.00
SCCP (20,000 x P5.00) x 0.01% P10.00
Total
P295.00


Selling - Total fees for selling 20,000 shares of ALI at Php5.20/share


FEE COMPUTATION AMOUNT
Commission (20,000 x P5.20) x 0.25% P260.00
VAT P260 x 12% P31.20
PSE Trans Fee (20,000 x P5.20) x 0.005% P5.20
SCCP (20,000 x P5.20) x 0.01% P10.40
Sales Tax 20,000 x P5.20 x 0.6% P624.00
Total
P930.80


Each computed charge listed above are rounded to hundredths (2 decimal places) using Symmetric Arithmetic Rounding for the calculation of the total fees.


Example:


3.044 rounded to hundredths is 3.04 (because the next digit, 4, is less than 5).

3.046 rounded to hundredths is 3.05 (because the next digit, 6, is 5 or more).

3.045 rounded to hundredths is 3.05 (because the next digit, 5, is 5 or more).