Advance payment on securities sales guideline
24-05-2024

Note:

Japan Securities Co., Ltd. (JSI) solely provides cash advance service to domestic clients whose cash balance is managed by JSI.

In order to use this service by telephone or online method, clients must sign the Agreement on Electronic Transactions with JSI.

 

I. NORMAL CASH ADVANCE

1. Cash Advance at the counter/by telephone

Clients who have a demand for cash advance service may come to JSI’s counter or contact JSI via telephone number (024.3791 1818) and provide information as follows:

– Full name

– Securities trading account number at JSI (101C……)

– ID card number (a valid ID card if you come to our counter)

– PIN code for phone transaction

– Amount of cash advance

2. Cash advance via online trading system

Step 1: Clients log in online trading system on JSI’s official website (www.japan-sec.vn), click on Utilities on Menu bar => Cash Advance.

Step 2: Input the transaction information, select a transaction you want a cash advance (by date), and an amount to advance. 

Step 3: If Clients agree with advance amount and fee in accordance with JSI’s regulations => Input verification code on your grid card => OK to confirm => The system inform “Cash in advance successfully”.

 

II. AUTOMATIC CASH ADVANCE

In order to use the service of automatic cash advance, clients need to register with JSI.

After accomplishing register procedure, client’s account will be activated the function of automatic cash advance. Accordingly, whenever the sell orders are filled, the selling amount (minus fee and tax) will be added automatically to buying power.

Clients might use this buying power to execute the following securities transactions without carrying out the step of advancing cash like a normal case.

At the end of trading day, if the buying orders are matched as the result from the Stock Exchange, JSI’s system will process the cash advance procedure, the advanced amount is equal to the buying amount plus the transaction fee and advance fee.

 

– JAPAN SECURITIES CO., LTD. –