Instructions on how to advance sale proceeds
Introducing NVS’s advance payment service
Payment time for stock order matching transactions is T+2, which means 2 working days after the sale date for the money to arrive in your account. Meanwhile, you need money before to buy securities or to withdraw/transfer money. NVS’s money advance, 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:
- Method of Advance payment directly at NVS
- Method of Advance payment for online sales
Conditions for using the securities sale advance service
- Clients have the results of matching securities sale orders and the securities sale proceeds are waiting to be transferred to the matching account (except for put-through transactions). The advance amount is within the range of securities sale proceeds waiting to be returned to the Account.
- Clients using the online advance service must register to use the online stock trading service and utilities.
- Transaction time
From Monday – Friday (Except holidays and holidays)- Morning: 8:00 am – 11:30 am
- Afternoon: 13:00 – 16:00
How to advance sales proceeds
1. Advance money from selling securities directly at NVS:
Clients call the NVS switchboard or come directly to NVS to make an advance payment.
2. Advance money for selling securities online:
- Select Advance Menu
- Select response date (order matching date)
- Enter the amount you want to advance or tick Advance in full
- The allowable advance value is automatically calculated by the system, after deducting default (estimation) advance fees.
- Click the “Advance” button
- Confirm advance: enter the amount you want to advance, click the “Advance” button.
Support contact information
During the transaction process, if you need support in answering information (from 8:00 a.m. to 5:00 p.m., Monday to Friday every week, except holidays and Tet), please contact hotline: 076 724 5999
