InstaMoney

InstaMoney gives us all the opportunity to get a 2hrs Loan on any mobile wallet. Forms should be submitted with correct contact info. 

Be sure to use the ID Card used in registering your sims for early validation. 

 Terms and Conditions Base Rate – the periodically changing part of the Interest Rate, which is determined according to the type of the Base Rate. Type of Base Rate – either six (6) month InstaMoney, KPB or any other periodically changing type of interest agreed between the Parties. InstaMoney(“European Interbank Offered Rate”) – the pan-European interbank interest rate by which the leading banks of the European interbank money market offer each other fixed-term deposits; six (6) month EURIBOR – correspondingly the interest rate offered to deposits with a 6-month term. EURIBOR is, inter alia, published on the page EURIBOR01 of the REUTERS information system or a page replacing it, according to the rules of the European interbank money market. Interest – a fee payable by the Borrower to the Bank for the use of the Credit Amount. Interest Rate – the amount of Interest per year established in the Agreement and calculated as a percentage of the outstanding Credit Amount which comprises the Base Rate and the Margin specified in the Agreement. Interest Rate Amendment Dates – the days when the Base Rate is fixed according to the Agreement for the subsequent period between the Interest Rate Amendment Dates. KPB – the base rate of Coop Pank AS established by the Bank. KPB is quoted and published by the Bank on its website www.cooppank.ee on each Banking Day taking into consideration the current level of the money market interests and the general economic environment in Estonia and worldwide. Total Credit Cost – total amount of all the payments made by the Borrower for repayment of the Credit Amount and and settlement of the Interest and other costs or, in the case of the agreement with variable terms and conditions, the total amount of the payments calculated pursuant to the initial terms and conditions upon entry into the agreement. Initial Annual Percentage Rate of Charge – Total Credit Cost to the Borrower expressed as an annual percentage of the Credit Amount taken into use or the upper credit limit, provided that the Agreement is in force within the agreed term and the Bank and the Borrower perform their obligations within the terms and on the conditions agreed upon in the Agreement. The Bank shall calculate the Annual Percentage Rate of Charge proceeding from the formula(s) approved by the Republic of Estonia Minister of Finance. Initial Annual Percentage Rate of Charge shall be specified in the Agreement, as the Interest Rate may change pursuant to the procedure agreed upon in the Agreement. Upon calculation of the Annual Percentage Rate of Charge, the Credit Amount, Interest Rate, Final Credit Amount Repayment Date, due dates of payments, fee for entry into the Agreement have been taken into account and the calculation is made, provided that the entire credit is taken into use immediately and in full. In the case of the Agreement with variable Interest Rate, the calculation of the Total Credit Cost shall be based on the Interest Rate in force at the moment of entry into the Agreement and the amendment of the Agreement shall be based on the Interest Rate in force at the moment of the amendment. Term for Taking Credit Amount into Use – the date until which the Borrower has the right to take the Credit Amount into its use. Final Credit Amount Repayment Date – the day upon arrival of which the Borrower shall have repaid the Credit Amount to the Bank in full and performed all other monetary obligations arising from the Agreement. Agreement – a loan agreement entered into between the Bank and the Borrower which consists of principal and additional terms and conditions agreed between the Bank and the Borrower and these Standard Terms and Conditions of Loan Agreement (hereinafter Service Conditions) and documents referred to therein, including the General Terms and Conditions of the Bank, Principles of Processing Customer Data and Price List of the Bank. Annexes to the Agreement include possible agreements on amendment or modification of the Agreement, and other documents referred to as Annexes to the Agreement. Agreement Fee – a fee payable by the Borrower to the Bank for the analysis of the application submitted by the Borrower and for the preparation of the Agreement or amendment of the Agreement. Contractual Penalty – a fine which the Borrower is required to pay the Bank upon failure to perform any contractual obligations. Payment Schedule (repayment schedule) – an integral part of the Agreement which is prepared according to the terms and conditions of the Agreement and in which the number, amount and due dates of the Credit Amount and Interest payments due by the Borrower to the Bank are indicated. Margin – the fixed part of the Interest Rate specified in the Agreement, which is added to the Base Rate. Banking Day – any calendar day that is not a Saturday, Sunday, a national holiday or public holiday. Security – immovable property or surety by a third person, which secures the proper performance of the obligations of the Borrower to the Bank arising from the Agreement