The Letter of Consent for Disclosure of Credit Information is a crucial document in Malaysian financial services that enables the lawful sharing of credit-related information. This document is required whenever credit information needs to be disclosed to third parties, in compliance with the Personal Data Protection Act 2010 and Credit Reporting Agencies Act 2010. It is commonly used during loan applications, credit assessments, or when financial institutions need to share customer credit information with authorized parties. The letter must explicitly state the scope of information to be disclosed, the purpose of disclosure, and the duration of consent. This document helps financial institutions maintain compliance with Malaysian banking secrecy provisions while facilitating necessary information sharing for legitimate business purposes.
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 Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Letter Header: Contains date, reference number, and recipient details including the financial institution or credit reporting agency's name and address
2. Subject Line: Clear indication that this is a consent for disclosure of credit information
3. Consenting Party Details: Full name, NRIC/Passport number, and contact details of the person giving consent
4. Purpose Statement: Clear statement of the specific purpose for which the credit information will be disclosed
5. Scope of Consent: Detailed description of what information is authorized for disclosure
6. Duration of Consent: Specific period for which the consent remains valid
7. Authorization Statement: Explicit statement of consent and acknowledgment of understanding
8. Signature Block: Space for signature, name, and date of execution
1. Additional Authorized Recipients: Section listing additional parties authorized to receive the credit information, used when multiple recipients are involved
2. Revocation Rights: Statement explaining the right to withdraw consent and the process for doing so, included when required by specific institutions
3. Witness Section: Space for witness details and signature, used when required by specific institutions or for additional verification
4. Language Declaration: Statement confirming understanding of the content if the letter is bilingual or if the consenting party is not proficient in the letter's language
1. Schedule A - Types of Credit Information: Detailed list of specific credit information types authorized for disclosure
2. Schedule B - Authorized Recipients: List of all authorized recipients and their details, used when multiple recipients are involved
3. Appendix 1 - Identity Documentation: Copies of identification documents of the consenting party
4. Appendix 2 - Supporting Documents: Any additional supporting documents required by the receiving institution
Relevant legal definitions
Clauses
Relevant Industries
Banking
Financial Services
Credit Reporting
Insurance
Lending
Mortgage Services
Consumer Finance
Corporate Banking
Retail Banking
Financial Technology
Relevant Teams
Legal
Compliance
Risk Management
Credit Assessment
Customer Service
Operations
Data Protection
Privacy
Banking Operations
Loan Processing
Documentation
Client Relations
Relevant Roles
Credit Officer
Compliance Officer
Legal Counsel
Risk Manager
Banking Officer
Loan Officer
Credit Analyst
Data Protection Officer
Privacy Officer
Financial Services Manager
Underwriter
Customer Service Representative
Account Manager
Banking Operations Manager
Find the exact document you need
Authorization Letter To Get TOR
A Malaysian-compliant authorization letter granting specific permissions for Tor software acquisition and management, aligned with local cybersecurity and privacy regulations.
find out more
Authority Letter To Collect Passport From Visa Office
A Malaysian legal document authorizing a designated person to collect a passport from a visa office on behalf of the passport owner.
find out more
Letter Of Authorization To Pull Permits
A Malaysian legal document authorizing a designated party to obtain permits and approvals from government authorities on behalf of the authorizing party.
find out more
Authorization Letter For Parcel Pick Up
A Malaysian-compliant legal document authorizing a designated person to collect a parcel on behalf of the intended recipient.
find out more
Card Authorization Letter
A Malaysian-compliant formal document authorizing a designated individual to use the cardholder's credit or debit card under specified conditions and time period.
find out more
Authorization Letter For Allowing Someone To Claim
A Malaysian legal document authorizing a designated person or entity to make specific claims on behalf of the authorizer.
find out more
Authorization Letter Claim Cheque
A Malaysian legal document authorizing a designated person to claim a cheque on behalf of the rightful payee, compliant with local banking regulations.
find out more
Authorization Letter To Claim Scholarship Allowance
A Malaysian-compliant authorization letter enabling a designated person to claim scholarship allowance on behalf of the scholarship recipient.
find out more
Letter Of Consent For Disclosure Of Credit Information
A Malaysian law-compliant consent letter authorizing the disclosure of credit information to specified parties, governed by Malaysian data protection and banking regulations.
find out more
Letter Of Authorization Ups
A Malaysian-law governed authorization letter enabling UPS to act as a shipping and customs agent for a company.
find out more
Declaration Of Authorization
A Malaysian legal document authorizing one party to act on behalf of another, executed under Malaysian law and requiring proper witnessing and potential stamping.
find out more
Authorization Letter To Get TOR And Diploma
A Malaysian-compliant authorization letter enabling a designated person to collect academic documents (TOR and diploma) from an educational institution on behalf of a student/graduate.
find out more
Authorization Letter To Claim Money In Ayuda
A Malaysian legal document authorizing a designated person to claim Ayuda assistance funds on behalf of an entitled beneficiary.
find out more
Authorization Letter For Police Clearance
A Malaysian-compliant authorization letter enabling a designated person to obtain a police clearance certificate on behalf of another individual.
find out more
Authorization Letter For Immigration
A Malaysian legal document authorizing a representative to handle specific immigration matters on behalf of an individual or organization, in compliance with Malaysian immigration laws.
find out more
Authorization Letter For Embassy
A Malaysian legal document authorizing a designated person to handle specific embassy-related matters on behalf of the grantor.
find out more
Authorization Letter For Coop Loan
A Malaysian legal document authorizing an individual to handle cooperative loan matters on behalf of a cooperative society member under Malaysian cooperative legislation.
find out more
Authorization Letter For Address Proof
A Malaysian legal document authorizing one party to use another's address as proof of residence, commonly used for official and administrative purposes.
find out more
Vehicle Authorisation Letter
A Malaysian legal document authorizing specific individuals to operate or manage a vehicle on behalf of its owner, in compliance with local transportation laws.
find out more
Authority Letter For Bank Account Opening
A Malaysian-compliant formal authorization document that enables designated individuals to open and operate bank accounts on behalf of a company or organization.
find out more
Authorization Letter To Get Check
A Malaysian law-compliant authorization letter enabling a designated person to collect a check on behalf of the payee.
find out more
Letter Granting Permission To Use Property
A Malaysian legal document that formally grants permission for specified use of a property, outlining terms and conditions under Malaysian property law.
find out more
Authorization Letter To Get Form 137
A Malaysian legal document authorizing a designated person to collect a student's Form 137 (academic records) from an educational institution.
find out more
Letter Giving Permission To Collect On My Behalf
A Malaysian-compliant authorization letter enabling a designated person to collect items or conduct transactions on behalf of the authorizer.
find out more
Authorization Letter With ID
A Malaysian legal document that grants specific authority from one person to another, including verified identification details and proper witnessing requirements.
find out more
Authorization Letter To Transact Business
A Malaysian legal document that authorizes a designated person or entity to conduct specific business transactions on behalf of the authorizer, in compliance with Malaysian law.
find out more
Authorization Letter Medicine
A Malaysian legal document authorizing a designated party to handle medical-related matters, including medication collection and healthcare decisions, on behalf of the authorizer.
find out more
Reason For Authorization Letter
A formal Malaysian legal document explaining why specific authority is being granted from one party to another, compliant with Malaysian authorization and documentation requirements.
find out more
Bank Statement Authorization Letter
A Malaysian-compliant authorization letter enabling banks to release account statements to designated third parties under local banking and privacy laws.
find out more
Authorization Letter To Withdraw Money On My Behalf
A Malaysian law-compliant authorization letter enabling a designated person to withdraw money from the authorizer's bank account.
find out more
Authorization Letter To Get Tin Number
A Malaysian legal document authorizing a representative to obtain a Tax Identification Number (TIN) from the Inland Revenue Board of Malaysia.
find out more
Letter Of Consent For Passport Application For Minor
A Malaysian legal document providing parental/guardian consent for a minor's passport application, complying with local immigration laws.
find out more
Letter To Bank For Change In Authorised Signatory
A formal letter under Malaysian banking regulations requesting changes to authorized signatories for company bank accounts.
find out more
Bank Transfer Authorization Letter
A Malaysian-compliant formal authorization document instructing a bank to transfer specified funds between accounts, adhering to local banking regulations and Financial Services Act 2013.
find out more
Authorization Letter For Transferring Of Name At Water Bill
A Malaysian legal document authorizing the transfer of a water bill account from one party to another, in compliance with local utility regulations.
find out more
Permit Letter Of Authorization
A Malaysian legal document authorizing a party to act on behalf of another in permit-related matters, compliant with local regulatory requirements.
find out more
Permit Authorization Letter
A Malaysian legal document authorizing a representative to handle permit-related matters on behalf of an individual or organization.
find out more
Authorization Letter To File Complaint
A Malaysian legal document authorizing a representative to file and pursue a complaint on behalf of another party.
find out more
Minor Parental Consent Form
A Malaysian legal document allowing parents/guardians to authorize activities or treatments for their minor children, compliant with Malaysian minor protection laws.
find out more
Authorization Letter For Special Power Of Attorney
A Malaysian legal document authorizing an appointed attorney to act on behalf of a principal for specific matters under Malaysian law.
find out more
Genie’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; Genie’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)
.png)