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[SLoan] What is the difference between activation and withdrawal of SLoan?

English | Bahasa Malaysia

 

Activation of SLoan relates to the application for a credit limit and you will not be charged any fees upon activation.

 

Withdrawal of SLoan relates to the disbursement of cash based on your available credit limit into your ShopeePay wallet or bank account. Fees such as stamping costs and attestation fees are applicable for each successful withdrawal of SLoan.

SLoan is a service provided by Monee Capital Malaysia Sdn. Bhd. (formerly known as SeaMoney Capital Malaysia Sdn. Bhd.).

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