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How can I deposit/withdraw money to VNDIRECT’s securities trading account?

09/12/2020    177

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The domestic investor who opens an account at VNDIRECT can choose within the following methods:

  • Directly deposit/withdraw cash at VNDIRECT’s branches and transaction offices.
  • Transfer money to/from VNDIRECT’s securities trading account at the bank counter.
  • Online Money Transfer to/from VNDIRECT’s securities trading account.

For foreign investor, the client cannot directly transfer money to VNDIRECT’s securities trading account. According to State Securities Commission’s regulations, transfer of investment funds from overseas to Vietnam or vice versa must be done via your IICA (Indirect Investment Capital Account). The purpose of IICA is to identify the legality of the funds transferred into/out of Vietnam for the purpose of trading securities.

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