An Authorization Letter To Withdraw Money From Cooperative is a crucial document used in Malaysian cooperative societies when a member needs to delegate the authority to withdraw funds to another person. This document becomes necessary in situations where the account holder cannot personally perform the withdrawal, such as during illness, travel, or other circumstances preventing physical presence. The letter must comply with Malaysian legislation, including the Co-operative Societies Act 1993, Co-operative Societies Rules 2010, and anti-money laundering regulations. It specifies the identities of both the account holder and authorized person, details of the cooperative society, the amount to be withdrawn, and the duration of the authorization. Supporting documents such as identification papers and membership proof must typically accompany this authorization letter to ensure security and regulatory compliance.
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let tiktok成人版's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Date and Place: Current date and location where the letter is being executed
2. Account Holder Details: Full name, identification number, membership number, and contact details of the cooperative member authorizing the withdrawal
3. Authorized Person Details: Full name, identification number, and contact details of the person being authorized to make the withdrawal
4. Cooperative Details: Name and address of the cooperative society from which the money is to be withdrawn
5. Authorization Statement: Clear statement of authorization, specifying the exact nature of powers being granted regarding the withdrawal
6. Transaction Details: Specific details about the withdrawal including amount (in numbers and words) and account number
7. Duration of Authority: Validity period of the authorization letter
8. Signatures: Space for signatures of the account holder, authorized person, and witnesses
1. Reason for Authorization: Used when the cooperative requires justification for the authorization, such as medical emergency, travel, or inability to be present in person
2. Limitations of Authority: Include when the authorization needs to specify restrictions or conditions on the withdrawal
3. Medical Declaration: Required when the authorization is due to medical reasons or incapacity
4. Previous Authorization Revocation: Include when this authorization supersedes any previous authorization letters
5. Language Declaration: Used in cases where the letter needs to confirm that all parties understand the content in their preferred language
1. Copy of Account Holder's Identity Document: Certified copy of account holder's identification document (e.g., MyKad)
2. Copy of Authorized Person's Identity Document: Certified copy of authorized person's identification document
3. Proof of Cooperative Membership: Copy of cooperative membership card or latest statement
4. Medical Certificate: If authorization is due to medical reasons, attach relevant medical documentation
Relevant legal definitions
Clauses
Relevant Industries
Financial Services
Cooperative Banking
Credit Unions
Agriculture Cooperatives
Housing Cooperatives
Consumer Cooperatives
Worker Cooperatives
Social Services
Education
Healthcare
Relevant Teams
Legal
Compliance
Operations
Member Services
Financial Services
Risk Management
Document Processing
Branch Operations
Customer Support
Administrative Services
Relevant Roles
Cooperative Manager
Financial Officer
Compliance Officer
Legal Counsel
Member Services Representative
Account Manager
Branch Manager
Operations Manager
Document Control Officer
Risk Management Officer
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
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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)