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To comply with the Article 50 of the Circular 210/2012/TT-BTC of the Ministry of Finance on separated management of customers’ money, FPT Securities Joint Stock Company (FPTS) has applied customers’ money separating system which is operated in two methods.
- Method 1: FPTS open specialized accounts at commercial banks to separately manage customers’ money used for securities transactions and completely separate it from other accounts of FPTS as per the Clause 4, Article 50, Circular 210/2012/TT-BTC.
- Method 2: Customers of FPTS open accounts on their own at commercial banks chosen by FPTS to manage money used for securities transactions.
On December 31, 2013, FPTS signed Contract No. 68/2013/HDHT with Tien Phong Commercial Joint Stock Bank to apply to cases where FPTS's customers open accounts directly at commercial banks (as per Point a, Clause 4, Article 50 of Circular 210/2012/TT-BTC).
Please see instructions for opening a cash account here.