What are the requirements to close the Credit Account?

Q: What are the requirements to close the Credit Account?

(1) Company to provide letter to Jurong Port Finance Department requesting for the closure of the account. There needs to be an indication for the closure. (2) The Direct Credit Authorisation form to be endorsed by the bank and submit. [This is to credit the security deposit back to the company bank account.] (3) The refund of the deposit is made after outstanding sums are recovered. (4) The duration taken for the actual crediting is about 2 months.

Q: What are the requirements to close the Credit Account?

(1) Company to provide letter to Jurong Port Finance Department requesting for the closure of the account. There needs to be an indication for the closure. (2) The Direct Credit Authorisation form to be endorsed by the bank and submit. [This is to credit the security deposit back to the company bank account.] (3) The refund of the deposit is made after outstanding sums are recovered. (4) The duration taken for the actual crediting is about 2 months.

Home ufaqs What are the requirements to close the Credit Account?

What are the requirements to close the Credit Account?

(1) Company to provide letter to Jurong Port Finance Department requesting for the closure of the account. There needs to be an indication for the closure.

(2) The Direct Credit Authorisation form to be endorsed by the bank and submit.
[This is to credit the security deposit back to the company bank account.]

(3) The refund of the deposit is made after outstanding sums are recovered.

(4) The duration taken for the actual crediting is about 2 months.