Advance payment for securities sales is a service provided by BSC that allows customers to receive payment immediately after their securities sell orders are matched, without having to wait for the funds to be credited to the account as per the current settlement regulations (T+2).
FORMS OF ADVANCED PAYMENT FOR SECURITIES SALES
Automatic Advance Payment for Securities Sales
Customers can use the sale proceeds without having to manually request an advancement.
The purchasing power is automatically calculated based on the pending sale proceeds for the sub-account.
One-Time Advance Payment for Securities Sales
Advance payment is made upon the customer's request for each individual transaction.
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