INSTITUTIONAL ACCOUNT OPENING
PROCEDURE
Steps:
Open foreign currency accounts at banks authorized by the State Bank of Vietnam (SBV) to engage in foreign exchange activities.
Register Capital Contribution Account (CCA) with SBV through a commercial bank in Vietnam.
Apply for Foreign Securities Trading Code (STC) with the Vietnam Securities Depository Centre (VSD) through a VSD’s depository member.
Open VND cash account for trading listed securities and securities accounts
Open securities trading account at Mekong Securities.
1. Guideline to register CCA with State Bank (SBV).
- The investor is required to fill in the following form:
Download:
|
CCA form.pdf |  |
Documents needed: Certificate of Incorporation (COI) or equivalent documents proving the legal basis of the foundation issued by relevant authorized regulator where the institution investor domiciles. The documents are required to be notarized and consulaized.
Download:
|
STC application form for Individual.pdf | |
2. Guideline for applying for an STC with the VSD.
- The investor is required to fill in the following form:
Download:
| Power of Attorney for Vietnam based trading.pdf | |
Documents needed: COI or equivalent documents proving the legal basis of the foundation issued by relevant authorized regulator where the institution investor domiciles. The documents are required to be notarized and consularized.
- In case the investor wishes to mandate a Vietnam based trading representative to act as proxy, the documents required to be filled in are below :
Download:
|
Information on Vietnam based trading.pdf | |
3. Guideline to open securities trading account with MSC.
Documents needed:
01 copy of the Certificate of Incorporation certified by Vietnamese Consulate
01 copy of Trading Representative’s passport certified by Vietnam Public Notary if required.
Securities Trading Account Opening at Mekong Securities - Application Form:
Download:
| ApplicationForm.pdf | |
- Brokerage Agreement
Download:
|
Master Brokerage.pdf | |