- Posting Timeline
- Payments are posted +1 business day after receiving payment confirmation.
- Late Payments
- Payment is considered late if you miss your repayment date and fail to reschedule.
- Late fee: 2% of the outstanding amount.
- To avoid late fees, contact your Account Manager at least 5 business days before your repayment date.
- It also helps to update the Collections team on the status of your receivables.
- Settling Past Dues
- Contact the Collections team at (02) 8 580 3200 for a computation of fees.
- Deposit late fees directly to First Circle’s bank account.
- Email the deposit slip to the Collections team, and CC your Account Manager as proof of payment.
- Partial Payments
- Partial payments may be requested by the Collections team.
- Bounced Checks
- You may settle the due within the same day to avoid penalties.
- Accepted payment methods: bank deposit, online bank transfer, or e-wallet transfer.