Ƶ

Authorization Letter To Collect Bank Statement for Malaysia

Authorization Letter To Collect Bank Statement Template for Malaysia

An Authorization Letter to Collect Bank Statement is a formal document used in Malaysia that grants specific authority to a designated individual to collect bank statements on behalf of the account holder. This document, governed by Malaysian banking regulations and the Financial Services Act 2013, serves as official permission for banks to release statement documents to an authorized representative. The letter includes essential details such as the account holder's information, authorized person's details, specific bank account information, and the scope of authorization, all structured in compliance with Malaysian legal requirements and banking practices.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Authorization Letter To Collect Bank Statement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Authorization Letter To Collect Bank Statement?

The Authorization Letter To Collect Bank Statement is a critical document in Malaysian banking operations, typically used when account holders cannot personally collect their bank statements. This document becomes necessary in various situations, such as when business owners delegate tasks to employees, when individuals are traveling or indisposed, or in corporate scenarios where authorized personnel need to collect statements for audit or compliance purposes. The letter must comply with Malaysian banking regulations, particularly the Financial Services Act 2013 and relevant Bank Negara Malaysia guidelines. It should contain specific details about both the authorizer and the authorized person, including full names, identification numbers, and account details, to ensure secure and proper authorization for accessing banking information.

What sections should be included in a Authorization Letter To Collect Bank Statement?

1. Letter Date and Bank Details: Current date and full details of the bank branch where the statement is to be collected

2. Authorizer Information: Full name, IC/Passport number, account number, and contact details of the person giving authorization

3. Authorized Person Information: Full name, IC/Passport number, and contact details of the person being authorized to collect the statement

4. Purpose Statement: Clear statement of authorization purpose, specifying the type of bank statement and period covered

5. Authorization Declaration: Formal statement granting authority to collect the bank statement

6. Signature Block: Space for authorizer's signature, name, and date

What sections are optional to include in a Authorization Letter To Collect Bank Statement?

1. Time Limitation Clause: Include when the authorization is only valid for a specific time period

2. Multiple Account Details: Include when authorization covers statements from multiple bank accounts

3. Special Instructions: Any specific requirements or restrictions for collecting the statement

4. Witness Section: Include when local bank requirements or circumstances require witness verification

5. Language Declaration: Include when the letter needs to be in multiple languages or when confirming understanding of content

What schedules should be included in a Authorization Letter To Collect Bank Statement?

1. Copy of Authorizer's ID: Photocopy of authorizer's identification document (IC/Passport) to be attached

2. Copy of Authorized Person's ID: Photocopy of authorized person's identification document (IC/Passport) to be attached

3. Proof of Account Ownership: Copy of recent bank statement or bank card (optional, if required by bank)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Malaysia

Publisher

Ƶ

Document Type

Letter of Authority

Sector

Banking

Cost

Free to use
Relevant legal definitions















Clauses













Industries

Financial Services Act 2013: Primary legislation governing banking institutions in Malaysia, including provisions on confidentiality and disclosure of banking information to third parties

Personal Data Protection Act 2010: Regulates the processing of personal data in commercial transactions, including the protection of customers' banking information and requirements for disclosure

Powers of Attorney Act 1949: Although not directly for bank statement collection, this law provides relevant principles regarding authorization and delegation of powers to agents

Contracts Act 1950: Provides the basic legal framework for all contractual agreements in Malaysia, including requirements for valid authorization documents

Bank Negara Malaysia Guidelines on Banking Records: Central bank regulations regarding the maintenance and release of banking records and customer information

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Authorization Letter For Plate Number Pick Up

A Malaysian legal document authorizing a designated person to collect vehicle registration plates from JPJ on behalf of the vehicle owner.

find out more

Authorization Letter For Getting Voters Certificate

A Malaysian legal document authorizing a representative to collect a voter certificate from the Election Commission on behalf of a registered voter.

find out more

Authorization Letter For Absence

A Malaysian legal document authorizing an individual's absence and potentially delegating temporary authority to another person, compliant with local employment and documentation laws.

find out more

Authorization Letter To Attend Seminar

A Malaysian-compliant authorization letter granting permission for an individual to attend and participate in a specified seminar or training event.

find out more

Authorization Letter For Bike Use

A Malaysian legal document authorizing an individual to use a specified motorcycle under defined terms and conditions.

find out more

Authorization Letter To Bank To Collect ATM Card

A Malaysian-compliant authorization letter enabling a designated person to collect an ATM card from the bank on behalf of the account holder.

find out more

Collection Authorisation Letter

A Malaysian legal document authorizing a designated party to collect specified items, documents, or money on behalf of the authorizer.

find out more

Authorization Letter For Parcel

A Malaysian legal document authorizing a designated person to collect a parcel on behalf of the rightful recipient, compliant with local postal and contract laws.

find out more

Authorization Letter Because Of Sickness

A Malaysian legal document authorizing a designated person to act on behalf of an individual during periods of illness or medical incapacity.

find out more

Authorization Letter Bank Withdrawal

A Malaysian legal document authorizing a specified person to withdraw funds from another's bank account, governed by Malaysian banking laws.

find out more

Insurance Authorization Letter

A Malaysian-compliant authorization letter enabling specified parties to access and share insurance-related information under Malaysian financial services and data protection laws.

find out more

Courier Authorization Letter

A Malaysian law-compliant document authorizing a courier company to handle and deliver items on behalf of the authorizing party.

find out more

Clearance Authorization Letter

A Malaysian-compliant formal document granting authorized access to restricted areas, information, or resources to specified individuals or entities.

find out more

Authorization Letter To Manage Property

A Malaysian legal document authorizing an appointed person or entity to manage specific property on behalf of the owner, in accordance with Malaysian property and agency laws.

find out more

Authorization Letter For 3rd Party Payment

A Malaysian law-compliant document authorizing a third party to make payments on behalf of an individual or organization.

find out more

Authorization Letter Claim Documents

A Malaysian legal document authorizing a designated party to handle claim-related documents and processes on behalf of the authorizer, subject to Malaysian law.

find out more

Letter Of Authority For Deceased Estate

A Malaysian legal document authorizing an individual to act on behalf of a deceased person's estate, enabling estate administration under Malaysian law.

find out more

Resolution Letter For Bank Signing Authority

A Malaysian corporate resolution document that establishes authorized signatories and their powers for company banking operations under Malaysian banking and corporate laws.

find out more

Permission Letter For Medical Check Up

A Malaysian-compliant authorization document granting permission for medical examinations to be conducted on an individual, typically used for employment, insurance, or general health assessment purposes.

find out more

Partnership Authority Letter

A Malaysian legal document that delegates specific authority and powers to designated partners within a partnership structure, governed by the Partnership Act 1961.

find out more

Online Authorization Letter

A Malaysian law-compliant electronic authorization letter that legally empowers one party to act on behalf of another, featuring secure digital signatures and specific authority parameters.

find out more

Guardianship Authorization Letter

A Malaysian legal document authorizing the appointment of a guardian for minor children, governed by the Guardianship of Infants Act 1961 and related legislation.

find out more

Financial Authorization Letter

A Malaysian-law governed document that formally delegates specific financial authority to designated parties, compliant with local banking regulations.

find out more

Doctor Authorization Letter

A Malaysian-compliant legal document authorizing specific medical practice rights and responsibilities to a registered doctor under Malaysian healthcare laws.

find out more

Consent Authorization Letter

A Malaysian legal document granting specific permissions from an authorizer to an authorized party, compliant with local data protection laws.

find out more

Cheque Book Request Letter Authorisation

A formal authorization letter used in Malaysia to request new cheque books from a bank, including account details and authorized signatures.

find out more

Authorization Letter To Claim Parcel

A Malaysian-compliant authorization letter enabling a designated person to collect a parcel on behalf of the intended recipient.

find out more

Authorization Letter To Claim Money In Bank

A Malaysian-compliant legal document authorizing a designated person to claim funds from the account holder's bank account.

find out more

Authorization Letter To Claim Medicine

A Malaysian-law compliant authorization letter allowing a designated person to collect medications on behalf of another individual from pharmacies or medical facilities.

find out more

Authorization Letter To Claim Car

A Malaysian legal document authorizing a designated person to claim and take possession of a vehicle on behalf of the registered owner.

find out more

Authorization Letter To Claim ATM Card

A Malaysian banking document authorizing a designated person to collect an ATM card on behalf of the account holder, in compliance with local banking regulations.

find out more

Authorization Letter To Claim Allowance

A Malaysian legal document authorizing a designated person to collect allowance payments on behalf of another individual, compliant with local employment and agency laws.

find out more

Authorization Letter For Selling Motorcycle

A Malaysian legal document authorizing a designated person to sell and transfer ownership of a motorcycle on the owner's behalf.

find out more

Authorization Letter For Diploma Pick Up

A Malaysian-compliant formal letter authorizing a designated person to collect a student's diploma from an educational institution on the student's behalf.

find out more

Authorization Letter For Co Borrower

A Malaysian legal document authorizing a co-borrower to act on behalf of the primary borrower in specified financial matters related to a loan or facility.

find out more

Authorization Letter For Buying Property

A Malaysian legal document authorizing a representative to conduct property purchase transactions on behalf of the principal.

find out more

Authorization Letter For Back Pay

A Malaysian legal document authorizing a designated person to collect back pay on behalf of an employee, compliant with local employment laws.

find out more

Authorization Letter For Assistance

A Malaysian legal document authorizing a designated person to act on behalf of another party, with specific powers and limitations defined under Malaysian law.

find out more

Authorisation Letter For Passport Collection

A Malaysian legal document authorizing a designated person to collect a passport on behalf of another individual.

find out more

Authorization Letter Due To Health Condition

A Malaysian legal document authorizing a representative to make healthcare-related decisions on behalf of an individual due to health conditions.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it