Vietnamese
Aiming customer network expansion and a modern financial ecosystem development, Shinhan Securities Vietnam (SSV) offers the Business Development Partnership Program (SSV Biz partner) to help SSV and Partners/Collaborators, including individuals and organizations across Vietnam, to work together, grow together, and share mutual benefits.
Partners and collaborators can simply register and easily access the opportunity to work with SSV. By introducing potential securities investors to SSV, partners/collaborators can enjoy a range of essential benefits along with an attractive commission policy.
See full program details below:
I. CONDITION
The program is open to individuals or organizations in Vietnam who meet the following conditions:
- Register and are agreed by SSV to sign a contract to become SSV Biz partner;
- Opened a trading account at SSV.
II. BENEFIT
1. Commission on referred stock or fund certificate trading
Partners/collaborators can earn up to 40% commission based on the net fee revenue collected from customers they have referred (after deducting exchange fees and other applicable charges).
Commission rates may vary depending on the specific policies of each program and may differ from usual transactions.
(*) Note: *’Usual transaction’ means a transaction under SSV's price policy that is not subject to any promotions or programs.
2. Commission from Margin Interest Sharing (MIPS)
- Up to 1.0%/year, calculated based on the actual outstanding loan balance and the actual lending time of customers using the margin trading service.
- The commission rate is determined based on the standard interest rate announced each period and is in the program’s credit limit.
- For preferential margin loans, loans with preferential interest rates, margin commission will be applied under each specific program depending on the policy of each program..
(*)The total fund for margin loan of the program is VND 300 billion.
3. Commission for Open Fund Certificates
Incentives and bonuses are regulated and announced by SSV for each period.
4. Additional Bonus (if any)
Cash bonus or other incentives may be provided when partners/collaborators participate in promotional programs launched by SSV each period, and is agreed by SSV.
III. PAYMENT METHOD
- All commissions and incentives (if any) will be paid in cash to Biz Partner's trading account at SSV in the payment period.
- SSV deducts tax according to the provisions of personal income tax for Biz partners who are individuals.
IV. VALIDITY OF APPLICATION
- Applied to all SSV Biz partners, except for cases approved by SSV to apply the other separate policies.
- The validity of the program will be applied from June 01, 2023 until SSV has a new announcement.
See detailed program terms and conditions of program here.
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You can also learn about opening a Shinhan Securities account through the Shinhan Bank app here.
Download the San Xin Ha app – a specialized platform for stock trading and market updates: Link IOS, Link Android.
For more information about the program, please contact the Hotline: (028) 6299 8000 or email support@shinhan.com
