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The Loan Closing Letter is a critical document in Malaysian banking practice that marks the successful completion of a loan transaction. It is typically issued after all loan documentation has been properly executed and conditions precedent have been satisfied. The letter serves multiple purposes: it confirms the loan's approval and closure, documents the final terms and conditions, outlines any post-closing requirements, and provides a reference point for both the lender and borrower regarding the loan's key details. Under Malaysian banking regulations, particularly the Financial Services Act 2013 and Bank Negara Malaysia guidelines, this document forms part of the required loan documentation and helps ensure transparency in lending practices. The letter is particularly important as it provides written confirmation of the loan terms and serves as a key reference document throughout the loan's tenure.

1. Letter Header and Date: Bank's letterhead, date, reference number, and formal addressing to the borrower

2. Loan Reference Details: Specific reference to the loan application number, facility type, and approval date

3. Confirmation of Loan Closure: Clear statement confirming the successful closure of the loan and disbursement details

4. Final Loan Amount and Terms: Confirmation of the final loan amount, interest rate, and repayment period

5. Disbursement Details: Information about how and when the funds were or will be disbursed

6. Key Obligations Summary: Brief summary of the borrower's key obligations and important dates

7. Contact Information: Details of the designated contact person for any queries regarding the loan

8. Closing and Signature: Formal closing, name and signature of authorized bank officer