How to open a proxy account? – Tejarat News
According to Tejarat News, according to the agreements, the applicants to participate in the sales plans of Iran Khodro and Saipa are supposed to have a representative account before registering and deposit the amount of the cars in their account so that they can register.
First, the proxy account is a solution to withdraw the money needed for purchases directly from your bank account.
Some people think that the proxy account of the commodity exchange is different from the proxy account that is used for the stock market. It is important to note that these two are the same thing. In other words, you can use a proxy account for your transactions in both the stock market and commodity exchange. Please note that this means using the same trading account for trading in both the stock market and commodity market, because each proxy account is linked to only one trading account.
How to open a proxy account?
1. Applicants should first go to one of the banks introduced by Saipa and Iran Khodro. Currently, Saipa Company has introduced Trade, National, Export, Nation, Refah and New Economy banks. If you have a short-term account number in one of the introduced banks, you can convert the same account into a power of attorney. Please note that proxy account is the same as short-term account. The same interest that accrues to the short-term deposit is also credited to this account.
According to the announcement of Saipa company, customers must visit one of Tejarat Bank, Mellat, Melli, Export and Ekhtisat Novin and Refah branches in person, and if they have a Tejarat Bank account or an Melli Bank account, they can refer to the Tejarat Bank website or the Bank website. Nationally, take action online in this regard.
2. If you do not have a bank account in these introduced banks, you should go to the bank and open a short-term deposit account.
Of course, it is necessary to state that only the accounts of those who are winners and from whose accounts the money for the car is supposed to be withdrawn will be blocked, and this money will remain blocked until the money for the car in question is deposited by the bank to the car manufacturing company. However, no amount will be withdrawn from the account of the customers who did not win and they can transfer the available amount of their account.
How to open a commodity exchange proxy account
People who intend to buy products in the commodity exchange or invest in this market must open a proxy account of the commodity exchange. To open this proxy account, you must first receive your commodity exchange trading code through a brokerage authorized to operate in the commodity exchange, and then receive an introduction letter from your brokerage. Take this letter of introduction to one of the banks providing proxy account services and after opening your proxy account, introduce it to the broker.
If a person is announced as a winner in the commodity exchange and fails to deposit the remaining money on the due date or withdraws for any reason, he is sentenced to pay a fine that is automatically deducted from his proxy account. That is, he must pay five percent of the total value of the transaction as a cancellation fee, plus half a percent of the fee for both sides of the transaction, which is a total of 5.5 percent of the total value of the transaction. The winner has three working days to deposit the rest of the purchase amount to the proxy account.
How many proxy accounts can be opened?
You don’t have any restrictions to open a representative account and you can open a representative account in the number of all brokerages and banks that provide these services. But keep in mind that you can introduce only one proxy account for each broker. It is better to point out that people who have bounced checks will not be able to open a representative account of the stock exchange, nor will it be possible to open a joint representative account.
Currently, it is possible to represent accounts in Pasargad, Tejarat, Saman, New Economy, Agriculture, Mellat, Export Development, Workers’ Welfare, Industry and Mining, City and National banks. After opening a representative account in one of these banks, you must inform your brokerage about the account information.
Source: Tasnim