Instructions on how to advance sale proceeds
Introduction to NVS’s sales advance service
The settlement time for a stock matching transaction is T+2, which means that the money will only be transferred to your account 2 working days after the sale date. Meanwhile, you need money in advance to buy securities or to withdraw/transfer money. NVS’s advance payment will allow you to use the money before it reaches your account.
- Currently, NVS is providing 02 (two) methods of advance payment for securities sales:
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- Direct advance payment method at NVS.
- Online advance payment method.
Conditions for using the securities advance payment service
- Customers have a securities sale order match result and the securities sale amount is waiting to be transferred to the matching account (except for negotiated transactions). The advance payment amount is within the range of securities sale amount waiting to be transferred to the account.
- Customers using the online advance payment service must register to use the online securities trading service and utilities.
- Transaction time
From Monday to Friday (except holidays and Tet) at the following time frames:
- Morning: 8:00 – 11:30
- Afternoon: 13:00 – 16:00
How to Advance Sales
- Advance payment for securities sales directly at NVS
Customers call the NVS switchboard or come directly to NVS to make an advance payment.
- Advance money for selling securities online:
- Select Advance Menu
- Select Advance date (order matching date)
- Fill in the amount you want to advance or tick Advance all
- The value allowed to advance is automatically calculated by the system, after deducting the default advance fees (provisional)
- Click the “Advance” button
- Confirm advance: enter the amount you want to advance, click the “Advance” button.
Support Contact Information
During the transaction, if you need support to answer questions (from 8:00 am to 5:00 pm, Monday to Friday every week, except holidays and Tet), Customers please contact the hotline: 076 724 5999
