In case customers mortgage their assets in securities transaction accounts to secure their loans at credit institutions, upon the request of such credit institutions, FPTS will confirm securities blocking at FPTS and, at the same time, conduct procedures to block the securities at Vietnam Securities Depository and Clearing Corporation (VDSC). After FPTS confirms the blocking, the mortgaged securities will not be allowed to be traded until there is an official release/unblocking document from such credit institutions and approval of the VSD.

* Note:

The verification of securities mortgaged shall be performed at only Vietnam Securities Depository and Clearing Corporation (VDSC) in case the mortgage-receiving party is credit institution certified.

Customers necessarily contact the FPTS Custody and Shareholding Management Department to have their mortgaged securities blocked/unblocked.

Securities mortgage documents include

• Application for Securities Mortgage:  03 copies
• List of Securities Mortgaged verified by the mortgage-receiving party: 03 copies.
• Request to FPTS to block securities as loan security validated by the customer and the credit institution (lending party): 03 copies
• Securities Mortgage Contract: 01 copy
• Identity Card/Citizenship Card/Passport (valid original copy), applicable to individual customer, or Business Registration Certificate and Identity Card/Citizenship Card/Passport of the legal representative, applicable to institutional customer

FPTS will perform securities blocking procedures and notify the customer of the result in three (03) working days from the date of receipt of full valid documents and the receipt of fee and tax for the mortgaged securities (according to the Tariff of VSDC and FPTS) of the customer. Please click here to see the current Service Tariff of FPTS.

 Mortgaged Securities release documents include:

• List of Securities Mortgaged verified by the mortgage-receiving party: 03 copies.
• Request to FPTS to release mortgaged securities validated by the customer and the credit institution (lending party): 03 copies
• Identity Card/Citizenship Card/Passport (valid original copy), applicable to individual customer, or Business Registration Certificate and Identity Card/Citizenship Card/Passport of the legal representative, applicable to institutional customer

FPTS will perform securities unblocking procedures and notify the customer of the result in three working days from the date of receipt of valid documents