A Request Letter For Termination Of Account is a crucial document used in the Malaysian banking sector when an account holder wishes to formally close their banking account(s). This document is designed to comply with Malaysian banking regulations, particularly the Financial Services Act 2013 and Bank Negara Malaysia guidelines. It serves as an official record of the account holder's request and includes essential information such as account details, closure instructions, and disposition of remaining funds. The letter may be used by individuals, businesses, or organizations and must meet specific regulatory requirements for proper account termination. It typically requires supporting documentation for identity verification and may need to address aspects such as outstanding transactions, standing instructions, and linked services.
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.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Sender's Details: Full name, address, and contact information of the account holder
2. Date: Current date of the letter
3. Recipient's Details: Bank's name, branch details, and complete address
4. Subject Line: Clear indication that this is a request for account termination
5. Account Information: All relevant account numbers and types of accounts to be closed
6. Formal Request: Clear statement requesting account closure
7. Closing Instructions: Instructions for handling remaining funds and final transactions
8. Signature: Physical or digital signature of the account holder
1. Reason for Closure: Optional explanation for closing the account, if the account holder wishes to provide one
2. Alternative Banking Details: New banking details where remaining funds should be transferred, if applicable
3. Joint Account Holder Details: Additional signatures and details if it's a joint account
4. Urgent Request Notification: If the closure needs to be expedited, include this section with justification
5. Standing Instructions Cancellation: Details of any standing instructions or automatic payments that need to be cancelled
1. Identity Verification Documents: Copies of required identification documents as per bank requirements
2. Final Statement Request: Form requesting final account statement if required
3. Outstanding Checks List: List of any outstanding checks that need to be accounted for before closure
4. Direct Debit Cancellation Forms: Forms for cancelling any direct debits linked to the account
Authors
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Corporate Services
Retail Banking
Commercial Banking
Investment Banking
Wealth Management
Consumer Services
Relevant Teams
Operations
Customer Service
Compliance
Legal
Account Management
Risk Management
Branch Operations
Client Relations
Document Processing
Banking Services
Relevant Roles
Account Manager
Banking Officer
Compliance Officer
Customer Service Representative
Branch Manager
Financial Advisor
Relationship Manager
Operations Manager
Legal Counsel
Risk Management Officer
Find the exact document you need
Request To Cancel Service Letter
A formal letter used in Malaysia to request the termination of services, compliant with local consumer protection and contract laws.
find out more
Notice End Of Contract
A formal Malaysian legal document communicating the termination of employment, compliant with local employment laws and specifying notice period and termination details.
find out more
Management Company Termination Letter
A formal notice under Malaysian law to terminate management services agreement, specifying termination terms and handover requirements.
find out more
Termination Notice For Contract
A formal notice under Malaysian law to terminate an existing contract, specifying termination grounds, effective date, and subsequent obligations.
find out more
Work Contract Cancellation Letter
A formal Malaysian employment contract termination document that officially ends an employment relationship, complying with Malaysian employment law.
find out more
Termination Of Real Estate Contract By Seller Letter
A formal notice under Malaysian law used by property sellers to terminate a real estate sale contract, citing specific legal grounds and next steps.
find out more
Termination Of Purchase And Sale Agreement Form
A Malaysian legal document that terminates a property Sale and Purchase Agreement, outlining termination terms and settlements under Malaysian law.
find out more
Request To Cancel Letter
A formal letter used in Malaysia to request the cancellation of services, contracts, or agreements in compliance with Malaysian contract law.
find out more
Legal Notice For Breach Of Contract
A formal notice under Malaysian law informing a party of their contract breach and demanding specific remedies, serving as a prerequisite to legal action.
find out more
Contract End Reference Letter
A formal Malaysian employment reference document confirming an individual's employment history, position, and service duration, issued upon contract completion or employment termination.
find out more
Letter To Discontinue Service To Client
A formal Malaysian business document used to notify clients about service discontinuation, complying with local legal requirements and professional standards.
find out more
Independent Contractor Contract Termination Letter
A formal notice for terminating independent contractor agreements under Malaysian law, specifying termination terms and post-contract obligations.
find out more
Canteen Contract Termination Letter
A Malaysian legal document for terminating canteen service agreements, compliant with local contract and food service regulations.
find out more
Notice To Terminate Construction Contract
A formal notice under Malaysian law to terminate a construction contract, specifying grounds for termination and effective date.
find out more
Termination Of Services Letter To Employee
A formal employment termination letter compliant with Malaysian employment law, communicating the end of employment services and related terms.
find out more
End Contract Letter To Employee
A formal employment termination letter compliant with Malaysian employment law, outlining termination terms and final settlement details.
find out more
Letter Of Termination Real Estate Agent
A Malaysian law-compliant formal notice terminating the services of a real estate agent, outlining termination details and next steps.
find out more
Contract Dismissal Letter
A formal employment termination document compliant with Malaysian employment law, outlining dismissal terms and final settlement details.
find out more
Termination Of Security Service Contract Letter
A formal notice under Malaysian law for terminating a security service contract, including termination terms, notice period, and handover requirements.
find out more
Termination Of License Agreement Letter
A Malaysian law-compliant formal notice that terminates an existing license agreement, specifying termination terms and post-termination obligations.
find out more
Terminate Real Estate Contract Letter
A formal letter for terminating real estate contracts under Malaysian law, including property details and termination grounds.
find out more
Notice To Terminate Tenancy Agreement By Tenant
A formal notice under Malaysian law used by tenants to legally terminate their tenancy agreement with their landlord.
find out more
Labour Contract Termination Letter
A formal document used in Malaysia to terminate employment relationships, complying with local employment laws and regulations.
find out more
Friendly Termination Letter
A mutually agreed employment termination document compliant with Malaysian law, documenting amicable separation terms between employer and employee.
find out more
Final Agreement Letter
A formal Malaysian legal document that confirms and finalizes agreed terms between parties, governed by Malaysian contract law and business practices.
find out more
Cancel Tenancy Agreement Letter
A formal notice under Malaysian law to terminate a tenancy agreement, stating termination details and handover arrangements.
find out more
Partnership Agreement Termination Letter
A formal notice under Malaysian law to terminate a business partnership, including essential terms and conditions for dissolution.
find out more
Non Renewal Of Tenancy Contract
A Malaysian legal notice indicating the intention not to renew an existing tenancy agreement, governed by Malaysian property and contract law.
find out more
Mutual Agreement Termination Of Employment Letter
A Malaysian law-compliant document recording the mutually agreed termination of employment between employer and employee, outlining separation terms and conditions.
find out more
Letter To Cancel A Service Contract
A formal notice under Malaysian law to terminate an existing service contract, including essential termination details and account information.
find out more
House Contract Cancellation Letter
A formal notice under Malaysian law to terminate a house purchase agreement or property sale contract, complying with local property legislation and contractual requirements.
find out more
End Of Tenancy Agreement Letter
A Malaysian law-compliant formal letter documenting the termination of a tenancy agreement and outlining the arrangements for concluding the rental relationship.
find out more
Format For Cancellation Of Sale Agreement
A Malaysian legal document that formally terminates an existing sale agreement between parties, outlining cancellation terms and settlement conditions.
find out more
Cleaning Contract Termination Letter
A formal letter for terminating cleaning service contracts under Malaysian law, including notice periods and settlement terms.
find out more
Cancellation Of Property Purchase Letter
A formal letter under Malaysian law notifying the intention to cancel a property purchase agreement and requesting necessary actions from relevant parties.
find out more
Simple Lease Termination Letter
A formal notice under Malaysian law to terminate a lease agreement between landlord and tenant, specifying termination date and closing procedures.
find out more
Not Renewing Lease Letter To Tenant
A formal notice under Malaysian law informing a tenant that their lease agreement will not be renewed upon expiration.
find out more
Employee End Of Service Letter
A formal Malaysian employment document confirming the end of an employment relationship, detailing service duration and final position held, in compliance with Malaysian employment law.
find out more
Early Termination Of Rental Agreement Letter By Tenant
A formal notice document under Malaysian law for tenants to terminate their rental agreement before the lease end date.
find out more
Contract Termination Letter Non Renewal
A formal notice under Malaysian law communicating the intention not to renew an existing contract upon its expiration.
find out more
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
.png)