Derivatives

In order to make the depositing and withdrawing of margins for customers who trade derivatives more convenient, PHS officially introduces a new feature that allows customer to automatically register/cancel deposit and withdraw margin from derivative trading accounts at PHS to margin accounts at VSD and vice versa with the detailed information as follows:

1/ Who can use this feature: Customers who have a derivative trading account at PHS 

2/ How to use: 

To register new feature “Automatic deposit and withdrawal for derivatives”, please:

• Access PHS - Web Futures and PHS - Mobile Futures: Choose Utilities 
• Click “Other functions” then choose "Register/Cancel automatic deposit withdrawal" 

3/ Other supports: 

 If you run into issues while register/cancel the Automatic Deposit/Withdrawal for Derivatives service and require assistance, please:

- Direct contact with your Account Management Officer; or

- Call our Customer Service Hotline: 1900 2523 58

If you have not yet traded derivatives, start now by opening a Derivatives account at PHS so as not to miss this unique opportunity!

GUIDE FOR DEPOSIT/ WITHDRAW MONEY IN A NORMAL METHOD

A-DEPOSIT/TRANSFER MONEY

The guide is prepared with attention to guidelines for depositing/transferring money through a derivative account at Phu Hung Securities Corporation (“PHS”). 

Customers can deposit money into a derivative trading account via the channels:

• Deposit/transfer money via bank account into a derivative trading account
• Transfer money from the underlying securities account to a derivative trading account

1. Deposit/transfer money via bank to the Customer’s derivative trading account

Customers deposit/transfer money into the account as below:

When deposit money, customers should note to deposit money to the correct trading account of PHS as the following example:

2. Transfer money from the underlying securities account to derivative trading account

2.1  Transfer money from the underlying securities account to the derivative trading account directly at the Trading Offices/ Branches

Procedures include:

• IDs / Citizenship for domestic customers
• Passport for foreign customers

2.2  Transfer money directly from the underlying securities account to the derivative trading account through PHS's online interface

Step 1: Customers log in to the derivative trading account through PHS's online interface

Step 2: Customers choose Utilities >Deposit Cash into derivative trading account

Step 3: Customers choose a derivative trading account, input “Amount”.

Step 4: Customers choose  “Accept” 

Customers can do it again after entering the required information by clicking “Refresh”

Step 5: Customer's order will be processed and updated with the status of “Complete” in the “Transaction history”

B- WITHDRAWAL

For domestic customers:

• The customer can withdraw from the derivative trading account of the underlying account and withdraw at the bank account or the customer can transfer money directly from the derivative trading account of the pre-registered bank account on the underlying account

For foreign customers:

• The customer can transfer money from the derivative trading account to the underlying account and withdraw the investment capital account (FII) opened at BIDV via online trading channel or go directly to Branches/Trading Offices of PHS to request.