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Notes

What is a Disbursement Account

The disbursement account in within the Lendsqr admin console is where loan disbursement and loan repayment transactions occur.

When a lender signs up on Lendsqr, a disbursement account is automatically created for them and this account will handle all their disbursement and loan repayment transactions, both inflow and outflow.

For every disbursement account, there is a virtual account tied to it. This virtual account is what is funded by a lender through the virtual account number.

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