MyKapital
Return to MyKapital
  • MyKapital
  • FAQ - General
    • What does "interest" mean in the context of an SSM Interest Scheme?
    • What is SSM Interest Scheme?
    • What is the nature of schemes allowed under the Interest Schemes Act 2016?
    • What is the role of the MyKapital platform?
  • FAQ - Investor
    • Who can invest in Interest Schemes on MyKapital?
    • Can foreign investors participate in the interest scheme?
    • How do I create an account on MyKapital?
    • How can I invest as a corporate investor?
    • Do I need to pay any fees to register and start investing?
    • Is my information secure on MyKapital?
    • Can I change my mind and withdraw my investment?
    • What is the cooling-off period?
    • When will I receive the refund if I withdraw during the cooling-off period?
    • How much can I invest?
    • What should I do if there is a transfer limit for DuitNow or FPX?
    • Are investments on MyKapital guaranteed?
    • Can I invest in multiple schemes simultaneously?
    • How does MyKapital ensure the legitimacy of Interest Schemes?
    • Does MyKapital provide investment advice?
  • FAQ - Issuer
    • What is the minimum paid-up capital required for an issuer to raise funds through an interest scheme
    • What is the procedure for my business to raise funds through an interest scheme?
    • Can issuers concurrently raise funds through other alternative financing methods such as ECF or P2P?
    • When will the issuer receive the funds invested by investors in the scheme?
    • What is the duration allowed for an issuer to raise funds?
    • What are MyKapital's charges?
Powered by GitBook
On this page
  1. FAQ - Investor

What is the cooling-off period?

Investors are entitled to a cooling-off period according to respective approved interest scheme upon digital-signing of the Application Form and Management Agreement. During this period, investors can decide whether to request for refund for the subscribed interest schemes. The refunded amount will be credited back into the payment method made within 14 business day.

PreviousCan I change my mind and withdraw my investment?NextWhen will I receive the refund if I withdraw during the cooling-off period?

Last updated 4 months ago