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[SFinancing-i] When is the instalment due date of SFinancing-i?
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The first instalment due date will be 30 days after SeaMoney completes the purchase and sale of commodities according to the submitted Commodity Murabahah Financing Agreement. If you are waiting to receive your financing amount (sometime takes 1~2 days after you submit the financing request), please note that the instalment due dates will still be based on the completion date of the purchase and sale of commodities, and not the financing amount received date.
The instalment due date will fall on the same day every month. For example, if you have a financing request of 3 month tenure and first instalment due date is on 12 June 2022, the following due dates will fall on 12 July 2022, 12 August 2022.
However if your first payment date is on the 31st, your following payment dates will fall on the last day of the following month. For example, this could be 28 or 29 February, or 30 April.
Please note that actual due dates will be displayed on SFinancing-i Homepage and Please repay on time based on the actual due dates.
SFinancing-i is a service provided by SeaMoney Capital Malaysia Sdn Bhd.
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