Cheque Discounting

This is financing to purchase a personal/ private use vehicle, from Japan or other oversees dealers.

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Apply for cheque discounting services and get funds up to 90%. Get your cash now against cheques issued by reputable companies at competitive commission rates. We also discount post-dated cheques for selected companies.

The product ensures you obtain immediate cash against your cheque drawn by a reputable company, whether current or post-dated. This ensures a continuous flow of your business working capital which would otherwise be affected awaiting the cheque to complete the clearing cycle.

Requirements

  • Cheque being discounted.
  • ID copy of the applicant.
  • Where available, a copy of an acknowledged invoice or payment voucher, to support the payment.
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