2. Go to the “My Service” menu.
3. Under the Account Opening section, select “Cash Account”.
Customers can choose to use the Automatic Debit Service to perform the following transactions:
1. For customers using a Cash Account (-8), the ATS allows funds to be automatically debited from the customer's designated bank account.
2. If the customer wishes to add collateral to their Cash Account (-8), they may submit an automatic debit instruction to transfer funds to the account of Kasikorn Securities Public Company Limited.
Once received, Kasikorn Securities will deposit the collateral into the customer's trading account, enabling them to proceed with securities purchases through the account.
Customers will also earn interest on the collateral deposited, subject to the company’s prevailing interest rate policy.
K-Stock2Fund is a service designed to boost returns on your investment capital while it awaits allocation into securities. It works by automatically investing proceeds from your stock sales into either the K-Treasury or K-Money funds. These are low-risk mutual funds that offer the potential for better returns than savings deposit interest rates. When you purchase new stocks, the service will automatically sell units from these funds to cover your stock purchase costs.
Customers can choose to use the automatic debit service for the following actions:
The increased return doesn't come from the securities you've bought. Instead, the gains come from optimizing the opportunity for your capital—money that investors typically park in a savings account after selling securities. This service takes the proceeds from your stock sales and invests them in low-risk debt funds like K-TREASURY. These funds offer liquidity similar to a savings deposit but provide higher returns, effectively serving as a superior alternative to holding cash in a savings account.
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