Collateral assignment
This assignment is meant for financing eg. bank. Amount assignable is up to the outstanding financing amount. In the event of this assigned certificate is surrendered by Assignor, the surrender value will be given back to Assignor and the collateral assignment will be revoked automatically.
Requirement:
- Collateral assignment (PSF19A) form with stamp duty
- Questionnaire for authorized person of the company form
- Clear copy of NRIC/passport of the authorized person
- Financing Letter Offer
- Latest Financing Statement