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Repayment

How would I know how much to pay?

Generally, the repayment amount will be the Issued Note Amount, i.e. the principal sum. Upon your full settlement, we shall refund you the balance from your Reserve Amount after deducting the interest (including any penalty interest) and any applicable charges, within 3 Business Days.

In the rare event that your Reserve Amount is insufficient to cover the interests and charges due, the differential against the Reserve Amount shall be paid together with your repayment.

You will be able to track your account status and balances on our Platform, any time at your convenient.

Can I register as an Issuer and an Investor simultaneously?

Currently, there is no rule restricting you to register as Issuer and Investor simultaneously. You will be required to open separate accounts for each, using different…

Creative Burnink March 22, 2018

Is FinPAL regulated?

Yes, FinPal is a Registered Recognised Market Operator, governed under Section 34 of Capital Markets and Services Act 2007 (CMSA) by Securities Commission of Malaysia…

Creative Burnink March 22, 2018

Are my funds at risk if FinPAL becomes insolvent?

Your investment funds are held on trust on your behalf in a segregated Investor Trust Account which cannot be transferred to FinPAL Accounts. Additionally, FinPAL…

Creative Burnink March 22, 2018

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