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Credit repayment

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Naio90

Federal Republic of Ethiopia
Jul 1, 2018
4,311
Can I give out credits with automatic installment repayment and recovery if contract is breached? In other words, I can cash in each installment from the other nation through my bank (with the ok Of the other party).
 

Jamie

Admin
GA Member
World Power
Jan 6, 2018
11,637
Hello @Naio90,

Unfortunately you're unable to do automatic installment payments.
However, you are able to put in a contract, a clause for automatic recovery of funds if the contract is breached. If that's the case and they've signed, and in the eventuality of them breaching, we would recover the funds for you.

Kind Regards,
Jamie
 
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