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Overview

Penbank Domestic Bills Purchase line will let you replenish your day-to-day working capital requirement through purchasing of your customer’s local check. This way, funds from receivables will be outright available to you. The sooner you receive the earnings from your sales, the faster you take your business into great heights.

Purpose

purchase of local checks for immediate funding need

Interest

Depends on market rate discounted

Penalty

5% per month in case of return

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