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Advance Sales Proceeds

Advance Sales Proceeds

Sales Proceeds Advance (UTTB) is a service provided by VNDIRECT that enables clients to receive an immediate cash advance on part or all of their securities sale proceeds while waiting for settlement.

SUITABLE FOR

Investors looking to optimize capital utilization by accessing funds from securities sales awaiting settlement.

PRODUCT POLICY

Service Fee Advance Limit Online Execution Time Automatic Advance Feature
Only 0.0364%/day, equivalent to 13.3%/year
  •  Default limit: VND 10 billion/customer
  •  Higher limits considered based on customer’s needs and trading history
 During trading days from 08:00 to 16:00
  • One-time registration required
  • Fast and convenient: proceeds are automatically credited to purchasing power without without needing to register for each individual transaction

Notes

  • The advance amount must not exceed the total matched proceeds from securities sales at the time of the request.
  • Advance Fee = Advance Amount × Interest Rate × Number of Advance Days (i.e., the waiting period until the sale proceeds are credited to the client’s account).
  • Fee period is calculated from the date of advance until the sale proceeds are credited to the account (including Saturdays, Sundays, public holidays, and make-up working days).
  • Policies are subject to change and will be announced on VNDIRECT’s official communication channels.

SEAMLESS & FULLY ONLINE ADVANCE EXPERIENCE

Investors can easily request an advance through the following channels:

  • Register via DBOARD, or directly through the VNDIRECT DGO or VNDIRECT DSTOCK mobile applications. Please refer to the user guide here.
  • Contact our hotline at 1900 54 54 09 or email: support@vndirect.com.vn.
  • Contact your VNDIRECT Investment Consultant for assistance.
  • Visit a VNDIRECT branch or transaction office. For more information, please refer to the list of branches here.