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The Termination Of Credit Card Letter is an essential document used in the Malaysian banking sector when a cardholder wishes to formally end their credit card agreement with a financial institution. This document becomes necessary when individuals or businesses need to cancel their credit card services, whether due to personal preference, financial management, or changing circumstances. The letter must adhere to Malaysian banking regulations, particularly those outlined by Bank Negara Malaysia and the Financial Services Act 2013. It typically includes crucial information such as the cardholder's details, specific card information, acknowledgment of any outstanding balances, and instructions regarding supplementary cards or recurring payments. The document serves as both a formal request and a legal record of the cardholder's intention to terminate the credit card agreement.

1. Sender's Details: Full name, address, contact information, and any customer reference numbers

2. Date: Current date of the letter

3. Recipient's Details: Bank's name, department, and full address

4. Subject Line: Clear indication that this is a credit card termination request

5. Credit Card Details: Credit card number (last 4 digits), type of card, and account details

6. Termination Request: Clear statement requesting termination of the credit card

7. Outstanding Balance: Acknowledgment of any outstanding balance and payment arrangement

8. Signature: Personal signature and printed name