Shinhan Bank

Indirect Investment Account (IIA)

- Indirect Investment Account is VND-denominated accounts which opened and used for the purpose of conducting indirect investment and other lawful capital transfer transactions related to foreign indirect investment in Viet Nam.

- View more: here. 

Securities Trading Code (STC)

- STC is issued by Vietnam Securities Depository Corporation (VSDC) for foreign investors. It is required for all securities trading in Vietnam.

- Our services cover guiding investor preparing documentation, submitting application to VSDC, monitoring application status and delivering the issued code.

Safe keeping

Custody services includes safekeeping, transfer and acknowledgement of asset ownership of clients in the securities depository account as well as cash accounts.

- Assets are held in segregated accounts under investor’s name or designated fund structure.

Trade settlement

Trade settlement services support the post-trade process by ensuring trades are matched, delivery of securities and the corresponding transfer of cash, timely settlement in accordance with marker standards and regulations.

Corporate Action

- Offering services for processing corporate action events for securities owner, automatically calculate and allocate rights for securities owner into custody account opened at Shinhan Bank.

Foreign exchange services

- Shinhan Bank provides foreign exchange services to facilitate cross-border fund operations, including investment and divestment settlements, fee payments, and currency conversion for other investment activities of investors in Vietnam.

- With competitive FX rates and timely execution, investors can manage currency exposure and liquidity efficiently.

- View more: here.

Escrow account

- Escrow account services provide secure, transparent, and compliant handling of cash or securities in high-value transactions.

- As an escrow agent, we hold assets as a trusted third party bank on behalf of parties involved in a transaction, until all pre-agreed terms and conditions are met, in line with the terms of escrow agreement.

- Shinhan Bank’s escrow services ensures transaction security, transparency, and trust, helping to reduce counterparty risk in complex or high-value transactions such as mergers and acquisitions (M&A), capital contribution to establish funds, issuance of stocks, bonds.

- View more:here.

S3-net Services

- S3-net is the customer portal that allows the investors to continuous update portfolio information including current views of investment custody transactions, trade status, asset positions, intraday cash reporting, daily priced holdings, upcoming corporate actions.

- Login S3-net Service: here.