• In the case of customers placing cash When a customer buys shares, TSFC will use the customer's cash to write off the payment for the shares first. The value of the partnership in excess of the cash will therefore be paid on the loan and the customer will be charged interest on the loan.
• In the case of customers placing securities (shares) when customers buy shares will use the loan to pay the full amount of the shares

Example: Customer A puts 100,000 baht in cash; Customer B puts Group A shares worth 100,000 baht. Both customers buy group A shares worth 80,000 baht.

Items	Customer A		Customer B
	Before buying shares	After buying shares	Before buying shares	After buying shares
Cash Balance (Cash)	100,000	20,000	-	-
LMV (Long Market Value = Securities Value)	-	80,000	100,000	180,000
Margin Balance (Loan)	-	-	-	80,000
Equity (customer's investment)	100,000	100,000	100,000	100,000

Note
Total assets (cash + securities value) = borrowings + customer investments
Cash Balance + LMV = Margin Balance + Equity

The shares can be sold as the collateral remains with TSFC as before, only converting from stock to cash. The proceeds from the sale of the customer's shares will always be transferred back to TSFC, where TSFC will always use the money to deduct the loan in the customer's credit balance first. If there is cash left over, it will remain in the credit balance account as collateral for further investments.

Example Customer B has shares worth 180,000 baht, sells shares for 110,000 baht.
Before selling shares Customer B had shares worth 180,000 baht, had a loan of 80,000 baht, and invested in the customer 100,000 baht.
After selling shares Customer B has shares worth 70,000 baht, has 30,000 baht in cash, and has 100,000 baht in customer investment.

item	Customer B
	Before buying shares	After buying shares
Cash Balance (Cash)	-	30,000
LMV (Long Market Value = Securities Value)	180,000	70,000
Margin Balance (Loan)	80,000	-
Equity (customer's investment)	100,000	100,000

All stocks (customer-placed shares + customer-purchased shares) in the credit balance account. will be the property of the customer (Close the register book in the customer's name) but are liable to pledge with TSFC, so customers still receive various benefits from the shares as before.

1. Power of attorney stamp duty 30 baht.
2. Duty 0.05 % of the loan amount but not more than 10,000 baht (loan amount 1 million baht, duty fee 500 baht).

After opening an account, in the case of buying shares until a loan arises, pay interest on the loan at the rate stipulated by TSFC. Interest rate announcement

Individuals of Thai nationality aged 20 years and over and have an understanding of investing in the stock market.

Customers transfer collateral to place with TSFC to create purchasing power, transfer-withdraw/deposit-withdraw securities

• Cash, the customers transfer money and send a deposit slip with the name-surname of the customer and the securities company to TSFC by 5pm on the deposit day.
• Securities (shares), the customer sends an order to the securities company that the customer deposits the securities to transfer the shares and sends the document “Notice of Delivery and Pledge” to TSFC to receive the shares within 15.30 on the day of deposit.

After TSFC received the collateral, clients will be able to trade securities on the next business day. (If the client's securities brokerage company updates the client's account information during the day time, customers will be able to trade securities on the date of placing the collateral.)

It’s for knowing how the client's account status changes daily. This information, in addition to helping customers make investment decisions. It is also used to control credit balance account risk to an appropriate level.

• If MM > CM
  The account status is Normal (If Excess Equity is negative, it is not possible to buy more shares).
• If FM < MM < CM
  The account status is Call (additional collateral must be deposited within 5 business days).
• If MM < FM
  The account status is Force (must be forced to sell margin on the next business day).

• If Equity > MM Call Amt.
  The account status is Normal (If Excess Equity is negative, it is not possible to buy more shares).
• If MM Force Amt. < Equity < MM Call Amt.
  The account status is Call (additional collateral must be deposited within 5 business days).
• If Equity < MM Force Amt.
  The account status is Force (must be forced to sell margin on the next business day).

Terminology of Credit Balance

TSFC calculates interest on the actual cash balance/accrued loans at the end of each day (Daily Accounting Balance).
At the end of the month, TSFC will adjust the total amount of such interest to the cash balance/loan outstanding in the customer's credit balance account.