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Financial Services

Cash Advance from Proceeds/Dividends

You will have to wait two workings days (Day T+2) to get money from your sold securities but you need cash before that time to buy more securities or withdraw/transfer money for other purposes.

EzAdvance is an online instrument for you to get online cash advance before your proceeds come to your account.

INTRODUCTION

INSTRUCTIONS

Outstanding features

Immediately after your securities selling order is executed (except for 2F put-through trading at a different member, that is to say, the account of the buyer is opened at another securities company, not FPTS), the proceeds (after being withheld for settlement of transaction fee and tax) will be automatically credited to the cash balance on your account. At the end of the trading day, the FPTS system will automatically execute the advance of proceeds of sold securities equal to the value of money you have used in excess of cash available on the account. On the payment date of the securities selling order, FPTS will automatically take back the money you got in advance.

You can register for EzAdvance service directly over the counter at FPTS Offices or register it online on EzTrade (follow the instructions here). After signing the EzAdvance Contract, you can use it flexibly through EzTrade online trading platform and the EzTrade mobile trading application.

- Click here to see detailed instructions on How to use EzAdvance.