Kyaw Kyaw Moe asked about General
2 months ago
After received the e-letter for the transfer of ownership, does the vehicle needs to wait for bank endorsement of loan?
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1 Answer
Hi Kyaw Kyaw Moe,
After you have received the e-letter for the transfer of ownership, whether you need to wait for the vehicle to be endorsed by the bank for the loan depends on the specific terms of the sale and financing.
It is best to confirm with the seller and the bank to ensure that all steps have been completed before you collect the vehicle.
Thank you!