How do I check if a licence is real?
This is the actual, official check — not a workaround.
The official i-KrediKom check
built the i-KrediKom app specifically so borrowers can search a company name or licence number and get a direct answer on current status.
Licence and advertisement permit
every individual advertisement needs its own separate advertisement permit from the Registrar
WL and WP numbers
genuine licence numbers as beginning with "WL" and advertising permit numbers with "WP,"
Bank Negara Malaysia and moneylending
Bank Negara Malaysia doesn't regulate moneylending at all
Service line this sits inside: shakalakaa runs the Meta Ads and paid social service in Malaysia practice this compliance/cost surface is written for; the discipline described above is delivered inside that engagement.
Checking a licence on i-KrediKom
The official i-KrediKom check
KPKT (the Ministry of Housing and Local Government, not Bank Negara Malaysia) built the i-KrediKom app specifically so borrowers can search a company name or licence number and get a direct answer on current status.
It's free, and it's the only verification that actually confirms anything — a licence number printed in an advertisement or shown on a signboard is a claim the lender is making, not independent proof.
- Lenders checking their own ad copy for the same compliance issues — missing licence display, an ad running without its own separate advertisement permit — can run it through our free Loan Ad Compliance Checker before it publishes.
Licence and advertisement permit
Under the Moneylenders Act 1951 (Act 400) (opens in a new tab), licensed lenders are required to display their original licence at their business premises, and every individual advertisement needs its own separate advertisement permit from the Registrar — a company can hold a valid lending licence and still be advertising illegally if a specific ad was never permitted.
WL and WP numbers
Multiple independent sources consistently describe genuine licence numbers as beginning with "WL" and advertising permit numbers with "WP," though the safest check is always i-KrediKom directly, not the prefix pattern alone.
Bank Negara Malaysia and moneylending
One thing worth knowing: Bank Negara Malaysia doesn't regulate moneylending at all — BNM has published its own pages clarifying this and warning about fake licences falsely claiming BNM issuance, which tells you how common that confusion actually is.
Check your ad
Lenders checking their own ad copy for the same compliance issues — missing licence display, an ad running without its own separate advertisement permit
Our moneylending rule set, with sources, is published openly (opens in a new tab).
The KPKT register, step by step
For a step-by-step consumer walkthrough of the KPKT register itself — how the i-KrediKom and kpkt.gov.my lookups work, what a valid licence looks like on each surface, and the red flags of unlicensed operators — see the dedicated licensed money lender list Malaysia (KPKT) guide.
Verification within the loan programme
For how licence-verification fits alongside acquisition-funnel economics, ad-copy compliance and PDPA/DNC controls, see the full loan marketing programme. The Singapore equivalent — the Ministry of Law's Registry of Moneylenders — is a different licensing regime under the Moneylenders Act; our cross-market reference is on Singapore's licensed moneylender list.
Want the full picture for loan marketing — pricing, compliance, creative and results in one place?
Working with a listed group, GLC, hospital or national brand
Large organisations need more than a campaign. They need one accountable team that works across business units, documents its work for procurement, and reports to management.
More detail on working with large organisations
- One team across business units. Separate plans and budgets per brand or unit, run by one accountable team so nothing falls between agencies.
- Ready for procurement. A registered Malaysian company (Plixitt Solutions, BRN 003426311-V) with documentation your procurement and legal teams can review, including how personal data is handled under the PDPA.
- A named lead and management reporting. One named lead for your account and reporting written for management, not dashboards for their own sake.
- Reported on the outcome you count. Results are reported on the business outcome your team counts: qualified leads, booked consultations, applications or sales, as each of our case studies states.
- Your other markets, run properly. If your group also operates in Singapore, Australia, Hong Kong or Taiwan, each market gets its own plan and its own pages, never a copy of Malaysia.