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Rates, Fees and Charges

How would my interest charge be
impacted in the event of late payment?

In the event of late repayment, a penalty interest of 8.0% per annum, would be charged in addition to the regular interest, calculated on a daily basis from the date your Issued Note turn overdue to the date of full settlement, However, if you settle the arrears within grace period of 7 calendar days, the penalty interest will be waived.

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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