The Authority To Debit Letter is a crucial banking instrument in Malaysia used to establish and document authorization for automatic debits from bank accounts. This document is commonly required when setting up recurring payments, direct debits, or standing instructions within the Malaysian banking system. It serves as formal permission from an account holder to their bank to debit their account either on a one-time or recurring basis. The letter must comply with Malaysian banking regulations, including the Financial Services Act 2013 and relevant Bank Negara Malaysia guidelines. It typically includes specific details such as the account holder's information, account numbers, authorized debit amounts, frequency of debits, and the beneficiary's details. This document is particularly important for businesses setting up recurring payment collections and individuals arranging automatic bill payments, providing legal protection for all parties involved in the transaction.
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. Letter Header: Date, recipient bank details, and reference numbers
2. Account Holder Information: Full details of the account holder including name, address, and contact information
3. Account Details: Specific details of the account to be debited, including account number and branch
4. Authorization Statement: Clear statement of authorization granted to the bank for debiting the account
5. Debit Parameters: Specific details about the authorized debits including amount, frequency, and purpose
6. Duration and Validity: Period for which the authorization is valid and any expiry conditions
7. Cancellation Terms: Terms and process for cancelling or modifying the debit authority
8. Declaration: Statement confirming the accuracy of information and acceptance of terms
9. Execution Block: Signature section with date and witness provisions
1. Corporate Authorization: Required for corporate accounts, including board resolution references and authorized signatory details
2. Multiple Account Details: When authorization covers multiple accounts or backup accounts
3. Variable Amount Authorization: Special provisions for variable debit amounts with maximum limits
4. Joint Account Provisions: Required when the account is jointly held, specifying authorization requirements
5. Digital Authorization: Required for electronic submission, including digital verification methods
6. Third Party Beneficiary: When debits are for the benefit of a third party, including their details and purpose
1. Schedule of Authorized Amounts: Detailed breakdown of authorized debit amounts and dates for recurring payments
2. Supporting Documents: List of attached documents such as board resolutions or identification proof
3. Bank Mandate Form: Standard bank form for direct debit setup, if required by the specific bank
4. Specimen Signatures: For corporate accounts or where multiple signatories are involved
Relevant legal definitions
Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Banking Operations Manager
Finance Manager
Account Relationship Manager
Compliance Officer
Legal Counsel
Corporate Secretary
Financial Controller
Treasury Manager
Accounts Payable Manager
Banking Services Executive
Customer Service Manager
Documentation Specialist
Risk Management Officer
Operations Director
Finance Director
Finance Manager
Account Relationship Manager
Compliance Officer
Legal Counsel
Corporate Secretary
Financial Controller
Treasury Manager
Accounts Payable Manager
Banking Services Executive
Customer Service Manager
Documentation Specialist
Risk Management Officer
Operations Director
Finance Director
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
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)