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Submission of Ownership Claim Registration through Form A
Form
A is submitted to register the subscribers' interest in motor vehicles,
goods or equipments which are subjects of hire purchase and leasing
agreement. It should be submitted promptly to avoid double financing
of hire purchase or leasing agreements.
Submission of Discharge of Ownership
Claim Registration through Form B
Form
B is submitted in the event of a discharge of an agreement, which
has been previously registered through Form A.
Submission of Form G for the registration of a guarantor
Form
G is submitted to register, change or discharge a guarantor's information
of an existing hire-purchase or leasing agreement. This form can
be submitted with Form A.
Ownership Enquiries
FIS
keeps records of motor vehicles, goods and equipments that are under
finance by the subscribers. Such records are stored in FIS system
for easy retrieval by the subscribers. FIS has about 4 million records
on motor vehicles, goods or equipments under ownership claim by
our subscribers. The main purpose is to prevent double financing.
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