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First Gulf Bank (FGB) is putting me in a difficult situation, as they took my money and are not giving me a clearance letter. I have had a credit card with them since 2012 and finally decided to ...
In the letter, it clearly mentioned that they could issue the clearance letter. The bank representative said they had taken the request to close the loan and credit card account, and they would be ...
If the bank's customer decides to enter into a different deal or purchase, the customer usually is required to obtain a new letter of confirmation. For example, a prospective home buyer decides to ...
“This happened last year. I wish I had known about the importance of a clearance letter earlier,” he said. Mohsin Aikal, head of consumer finance, Noor Bank, said some people mistakenly believe that ...
The issuance of clearance letters was implemented by a mechanism established by the now-defunct Indonesian Bank Restructuring Agency (BPPN) based on Presidential Instruction No. 8/2002 on release ...