Frequently asked questions

Advance service of securities sale proceeds is a service that securities companies support so that customers can use securities sale proceeds immediately after order matching instead of waiting for the sale proceeds to return to their account on T+1 or T+. 2 according to current regulations.

When the Customer needs to advance money from selling securities, NVS will advance the full amount. The Customer needs to withdraw/transfer money, pay loan principal/interest/fees, pay for securities, and exercise the right to buy.

After making an advance payment for securities sales, customers can withdraw part or all of the advance payment for securities sales depending on NVS’s regulations at each time on maintaining the withdrawal rate in order to Ensuring the ability to pay debts on customer accounts.

For customers who do not have debt, they can withdraw the entire amount advanced for selling securities.

The Sales Advance Fee will be charged immediately when the customer makes the Sales Advance.

Advancement Fee Formula = Advancement Amount * Daily Advancement interest rate * Number of Advancement days.