ZA Bank, Virtual Bank

ZA Bank, Virtual Bank

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Cooling-off period

A 7-day Cooling-off Period is offered on application by customers who have successfully applied for and draw down a Personal Instalment Loan and wish to early redeem the Loan in full within 7 calendar days of the drawdown date. The Bank will waive the handling fee, the early redemption fee (2% of the outstanding principal) and the first month’s interest payable by the relevant customer under the Loan. Customers enjoying or who have enjoyed this 7-day Cooling-off Period will not be entitled to the promotional offer.

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