T-day Securities Loan (online)
1. Introduction:
“No need to wait until 3 days to receive
money after selling of securities"
With T-day Securities Loan of up to
95% of securities sale, your capital turnaround will be faster and
thus leads you to greater successess.
2. Description of product:
- Type of currency: Vietnam dong (VND)
- Loan rate: According to current interest rate provided by DongA Bank
at each time.
- Loan money for each time: Minimum of 5,000,000 dong and maximum of 95% of
the successful securities proceeds sale, excluding of fee.
- Time when investor can apply for loan: The day of T, T+1 and T+2 of
the successful securities sale order. Loan contract of the Investor
will be approved by DongA Bank during working hours.
- Collateral assets: Money generated form successful securities sale
that not yet transferred into investor's account.
- Loan procedure: When the securities sale order is successful, the
investor may actively request for T-day Securities Loan
via website of Securities Company or DongA Bank's Internet
Banking site (http://ebanking.dongabank.com.vn).
Customers please read the instructions on T-day Securities Loan
at item: "Instructions on securities service utilization" at DongA Bank's
Internet Banking site .
- Loan payment procedure: on T+3 day when securities sale of T
day is paid to the investor, DongA Bank system will automatically
collect of debt and loan interest (calculated according to the actual number of loan
days) via card account of the investor opened at DongA Bank.
- Loan application approval time: 5 minutes
(since the time for loan request by investor being sent to DongA Bank).
- Management of loan payment on T+3 day: When collecting debt on
T+3 day, DongA Bank system will automatically send SMS to Investor
for notification of amount collected by DongA Bank.
3. Eligible customers:
- Iinvestors of Securities Company that has collaborated with
DongA Bank and has agreed to offer "Online T-day Securities Loan"
with DongA Bank.
- Have registered for securities transactions via card account
opened at DongA Bank.
- Have registered for DongA Bank's eBanking services (supplied by
DongA's eBanking - SMS/Internet/Mobile Banking) such as
Receiving notice when account balance changes or Account
transfer via SMS/Internet/Mobile Banking
- Have successful securities sale order but money not yet
transferred into investor's account.
4. Benefits
Simple procedure, completely online: Without
having to contact Securities Company and DongA Bank, only with a computer connected
with
Internet, investor can make a request for T-day Securities
Loan.
5. Eligible Securities companies:
The product of T-day Securities
Loan has been developed by DongA Bank to Investors of the following Securities
Companies:
- Gia Quyen Securities Company.
- Oriental Commercial Bank Securities Company.
At present, DongA Bank has successfully connected
with Securities Companies of Gia Quyen, Golden Lotus, Bao
Viet, Oriental, KimEng Vietnam and Vien Dong. Investors of these
companies may request to open a Securities Card at any DongA Bank
Branches all over the country in order to make securities
transactions.
6. Contacts:
For
enquiries or further
instructions, please contact:
|
