Techcombank Account Types

Techcombank offers various types of broker accounts to cater to the diverse needs of its customers. The primary account types include:

• Current Account: A basic bank account that allows customers to perform banking transactions and store deposits.

• Capital Account: This specialized current account is mainly used for transactions of direct investment capital, indirect investment capital, and foreign loans. It includes:

• 1 direct investment capital account in VND and 1 in foreign currency.
• 1 indirect investment capital account in VND.
• 1 foreign loan capital account in foreign currency for each loan.

• Trading Custodial Account: An escrow deposit placed by the escrow party at the custodian agent (Techcombank) to be returned to another party upon fulfillment of predetermined conditions within an agreed period. The custodial agreement is signed between the parties and the custodian agent.

• Real Estate Custodial Account: Similar to the trading custodial account, this is an escrow deposit returned to the investor upon fulfillment of conditions within an agreed period.

Techcombank Broker Account Opening Process

To open a broker account with Techcombank, follow these steps:

• Select Account Type: Choose the type of account that best suits your needs, such as a current account or a capital account.

• Prepare Required Documents: Gather necessary documentation, which may include:

• Valid ID (passport or ID card).
• Business registration documents (for corporate accounts).
• Additional documents as specified by Techcombank for the chosen account type.

• Submit Application: Complete the account opening application form and submit it along with the required documents.

• Account Verification: Techcombank will review your application and documents. This process typically takes around 4 working hours for a complete application.

• Account Activation: Upon approval, your account will be activated, and you will receive the account details along with any necessary banking kits.

For further details on the specific requirements and processes for each account type, please refer to the official Techcombank website or contact their customer service.