KZT pending payments GFM and IDF Eurasia
Since June, I didn´t receive any substantial payments in KZT.
Pending payments in KZT keep going up and are now around 30% of my total oustanding KZT amount. My KZT portfolio consists of lenders IDF Eurasia and GFM.
When can I expect new KZT payments to be credited to my account?
Look at "Pending payments updates". I'm receiving payments only from GFM. IDF should sent some money till the end of Oct.0
Thank you for your comments. Indeed, please check our latest updates on pending payments: https://www.mintos.com/en/pending-payments-updates/0
Yes, I saw the pending payments update.
But my question is why I don´t receive any KZT payments.
I received EUR payments from IDF the last months, but no payments from IDF in KZT.
Are KZT payments subordinated to EUR payments, or is there another reason for non payments in KZT?2
Hi Will, this is due to the fact that KZT payments take significantly longer to process, because of the bank's due diligence processes. Same for Rub payments. At this point, we receive EUR payments with no issues. If the banking processes will be not resolved, we expect that they will pay in EUR, and we will do the conversion on our side.0
It's the end of October and the due date for IDF to settle their outstanding payments is now. So far, nothing has happen... So, what can we expect now?3
Is there any update for this? Almost 50% of my KZT portfolio has been pending for at least 6 months and counting.1
Dear Investors, each week we provide updates on pending payments, this is the newest and most accurate information that we have, and you can check it here: https://www.mintos.com/en/pending-payments-updates/0
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