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Borrowing currency on Euro-Italian Exchange exceeds the limit

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Release: 2024-08-05 17:45:01
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What to do if Ouyi borrows more than the limit: repay the loan. Reduce margin mortgage rates. Increase margin. Cancel the loan. Submit an appeal (if caused by a system error).

Borrowing currency on Euro-Italian Exchange exceeds the limit

How to deal with borrowing currency exceeding the limit on EuroEasy Exchange

European Exchange has set a limit for borrowing currency. If the user borrows currency beyond the limit, he will not be able to continue borrowing currency. The processing method is as follows:

1. Repay the loan

Directly repay the loan, including principal and interest. After repayment, the loan amount can be restored.

2. Reduce the margin mortgage rate

Users can reduce the margin mortgage rate and release part of the margin, thereby increasing the borrowing amount. However, lowering the mortgage rate will increase the risk of liquidation, so please operate with caution.

3. Increase the margin

Add additional margin to the margin account to increase the borrowing limit.

4. Cancel the loan

Contact customer service to apply to cancel part or all of the loan and release the loan limit.

5. Submit an appeal

If the user believes that the borrowing limit exceeds the limit due to a system error, he or she can submit an appeal to Eureka Exchange and request an adjustment to the borrowing limit.

Note:

  • Borrowing more than the limit may result in overdue penalty interest, so please handle it in time.
  • Operations such as reducing the mortgage rate and increasing margin must be carefully considered based on your own circumstances to avoid unnecessary losses.

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