Important timelines to note

For application

Action Effective by Example

You applied BCIP on any day between 1st day and the last business day of the month before 12:00pm.

We will execute your order on 22nd of the next month, and on the 22nd of each month thereafter.

You applied in July before the last business day.

Your order will be executed on 22nd of August.

Your application was received after 12:00pm on the last business day of the month.

We will execute your order on 22nd of the month after next month, and on the 22nd of each month thereafter.

You applied in July after the 12:00pm cut-off time on the last business day.

Your order will be executed on 22nd of September.

If the 22nd of the month happens to be on a non-business day, the purchase will be executed on the next business day.

The above illustrations of effective timelines apply to successful BCIP applications approved by OCBC Bank.