MultiMoney Credit Repayment
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MultiMoney Credit allows you to borrow fund by using the available credit line based on collateral deposits in your MultiMoney Account. Below are the instructions for the repayment of fund borrowed from your MultiMoney Credit.
Select Currency
Select the currency in which you would like to make your repayment, then click “Next.”
The amount you owe in each currency will be displayed. Select the currency in which you would like to make repayment.
View Currency Code Chart
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Enter Details for Repayment
Select either the principal or interest as your "Repayment appropriation choice."
You may use only one-byte numbers without using commas when entering the amount you would like to repay.
Example:
If the outstanding balance of your MultiMoney is $90,200 US Dollars (principal: $90,000 US Dollars; interest: $200 US Dollars), and you would like to make a payment of $50,000 US dollars, select “Principal” as your “Repayment Choice,” and enter “50000” in the appropriate box.
Please note that you may not make payments on both your principal and interest at the same time. If you would like to make payments on both the principal and interest, you must execute two separate transactions.
Select a debit account, then click “Next.”
Only your MultiMoney Savings (in the currency you select for repayment) may be selected as your debit account.
| * | Repayment requests made at all times (except from 9:00 am to 4:50 pm) will be processed on the next business day; therefore, the displayed interest may differ from the interest on the day your repayment request is processed.
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Confirm Repayment Details
The details you entered in steps 1 and 2 will be displayed.
Carefully confirm that the details you entered are correct, then check the appropriate box for your confirming , and click "Execute Repayment."
Please note that once you click "Execute Repayment," the transaction cannot be canceled.
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Repayment Completed
Details for your repayment will be displayed.
You may execute the following transactions.
To make another MultiMoney Credit repayment, click "Another Repayment Transaction."
To view/print out the transaction record, click "View Transaction Record."
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