Open a securities investment account for foreigners

CONSULTATION

To open a securities investment account for foreigners

Open securities investment account for foreigners
Currently, Vietnam has about 70 securities companies. Investors who open accounts at large securities companies will be better equipped to use modern, accurate cutting tools and better brokerage services. Ho Chi Minh Securities Corporation - HSC - is one of the two largest joint stock companies in Vietnam. Most of the funds and individual investors coming from abroad chose HSC to open trading account because of strong financial strength, good technology foundation as well as great convenience.

Step 1. Prepare your application

The opening of securities accounts for foreigners in Vietnam at HSC is very convenient, foreign investors need to:

For individual investors:
+ 03 notarized copy of passport

For institutional investors:
+ Certificate of investment registration (Business Registration), minutes of meetings of the Members' Council on investing in the securities market, the charter of the enterprise.

            Step 2. Open a securities investment account

Individual Investors:
Investors go to BIDV branch to open a bank account and connect the bank gate of BIDV - Nam Ky insurrection to be able to receive and transfer money investment securities abroad.

After opening the account, investors will receive the certificate of opening bank accounts for foreign investors of BIDV. The foreign investor holding the confirmation and 03 notarized copy of the passport to the securities company to sign the account opening contract, register the account opening and securities trading code.

As for the HSC securities company associated with the bank with BIDV Bank so investors open accounts at HSC Securities Company just hold 03 notarized copy of passport to transaction office / branch of HSC to sign and complete the procedure. Open a bank account at BIDV with connection to the Bank Gateway at the Nam Dinh Insurrection, opening a securities trading account and a securities trading code.

Note: Each foreign individual investor in Vietnam can only open 01 bank account trading account. This means that if an investor has a bank account at another company, it will be necessary to close the account before opening an account at HSC. Money and securities left over in the old account can be transferred to new accounts and investors do not interrupt transactions.

Investors are organizations: For foreign investment funds managed by many escrow companies which are registered with a number of trading codes according to the principle of fund management by the same fund management company. be registered a securities trading code.

The above is the content of our consulting company on the issue of open investment accounts for foreigners. We look forward to working with you in the near future.

Best regards!