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If a personal savings account is detained, is it viable on a layaway plan?

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  • Last updated:2019-07-19
  • Count Views:880
If the amount of money in the account is sufficient to pay for the outstanding fees, layaway will not be possible. If the amount is insufficient, separate payments will be conducted on the remainder of the outstanding fees. If the person responsible can provide a form of guarantee, the detainment of the account may be waived after an audit has been conducted, and separate payments will need to be paid by obligor. If obligor is natural person, and the detained account is in need by the obligor and family, a separate payment plan may also be issued after audit from our branch administration.
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