v1.8
Foreign Securities which Foreign Investors can trade via KT ZMICO
Foreign Securities that listed in the following exchanges;
- Lao Securities Exchange (LSX)
- Foreign Investors are welcomed to open “KT ZMICO International Securities Trading Account”
1.1) New clients: Contact International Markets Department then,
Completed Account Opening Application Form (Required necessary documents as stated in the account opening form)
1.2) Existing clients: Contact your current marketing officer then,
- Completed “Request for Information Change/ Add Form (Click here to download)
- A Copy of Passport with Signature
- Credit Line Approval at Minimum 1 Million Baht e.g. Bank Statement
- Completed Laos Foreign Investors Registration Form with another Copy of Passport with Signature (Click here to download)
Tel +66 2 673 5301-2
| Laos | |||
| Commission | *Min LAK 750,000 | 1.15% | |
| *Max 2% of Traded Value | |||
| LSX Fee | 0.35% | ||
| SEC Fee | 0.20% | ||
| Transaction Fee | *Sell Only | 0.30% | |
| Handling Charge | LAK 75,000 | ||
Remarks: All above commissions and fees will be calculated as % of traded values. Handling charge is per 1 transaction (1 transaction means 1 stock per day and per type of order (Buy or Sell)). All expenses will be calculated 7% on VAT.
Local Bank Charges:
| Additional Bank Charges | |||
| Account Opening | One-time charge | LAK 10,000 | |
| Maintenance Charges | Yearly | LAK 40,000 | |
| Account Closure Charges | Account closed within 3 months | LAK 20,000 | |
Remarks: Minimum Balance Requirement LAK 50,000
| Type | Your side's Fees | Lao side's Fees (No VAT) |
Outward Remittance (to Lao PDR) |
Fee of charges depends on your representative bank. | 0.2% of Transaction value |
Inward Remittance (From Lao PDR) |
Fee of charges depends on your representative bank. | 0.1% of Transaction value + SWIFT charge USD 20/transaction (Min USD 5, Max USD 1,000) |
Remarks:
- Foreign investors have to transfer the money to Lao PDR by themselves to:
Account Name: KT Zmico Securities Company Limited for Clients
Bank: Banque pour le Commerce Exterieur Lao (BCEL)
Account Number: 010 7 11 00 24871
SWIFT Code: COEBLALA
Currency: LAK (KIP)
** Please notify your marketing officers after transferred. Minimum transfer amount is THB500,000 equivalent or approximately USD17,000 per instruction.
- Foreign investors have to absorb ALL bank charges on both sides.
- For buying, foreign investors cannot send the buy order prior to KTZ verification of “good fund” in LAK. Outward remittance process (to Lao PDR) takes at least 2 business days.
- For selling, inward remittance process (From Lao PDR) takes at least 4 business days.
Lao Securities Exchange Information:
International Markets Department
KT ZMICO Securities Company Limited
19th Floor, Liberty Square Building,
287 Silom Road, Bangrak,
Bangkok 10500 THAILAND
Tel: +66 2 695 5959-60
Fax: +66 2 695 5969
Email : Z-Inter@ktzmico.com
