Guys, is it common for a bank staff asking you to prepare some cash for 'stamping' when coming to meet you at your office/place for signing a hire purchase agreement? I can't recall any banker did that to me during all of my previous hire purchase signing. Never need to make any cash payment, all was done through electronic means, never in cash. Please advise.

This post has been edited by MNF0: May 16 2024, 03:26 PM

The kakak ask for RM10 'stamping fee' but i don't think it's actually the case as the 'stamping fee' was never paid in cash since as far back as i can remember. I'm actually smelling some fish here.

Btw, the dealership got her for me when I told them that i prefer to go with a particular bank. The dealership told me that she is from that bank and she will be in touch with me very soon. When she contacted me, she did introduced herself as a staff of that bank.

This post has been edited by MNF0: May 17 2024, 06:58 AM

That's what I thought. Asking for cash, no matter how small is a huge red flag for me. She seems to have done this before with others as the way she ask for the money to be prepared was very blase. But of course, she thought that all people wouldn't be too concerned about paying merely RM 10 in cash. I'll see how the signing process goes. Might write her up if she still pushing it.

This post has been edited by MNF0: May 17 2024, 06:38 AM

What is the loan amount?

Used EV? I wouldn't buy it if i were u.