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Audit Confirmation on DBS IDEAL

Streamline your annual audit confirmation process

Audit Confirmation on DBS IDEAL

Streamline your annual audit confirmation process

    At a Glance

    Annual Audit confirmation is often a time-consuming process for your business. To help streamline this process, we are introducing the Audit Confirmation feature on DBS IDEAL. This allows you to provide your authorisation for DBS to confirm your positions and balances to your auditors through DBS IDEAL, without needing physical touchpoints.

    Features & Benefits
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    Quicker Turnaround

    Receive fast approvals as Audit Confirmations are processed within 24 hours.*

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    Increase Efficiencies

    Eliminate manual signing of the Letter of Authorisation and track the status of your Audit Confirmation in real-time.

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    More Secure

    Enjoy greater transparency with a complete digital audit activity trail. 

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    Go Green

    Contribute to sustainability efforts to reduce paper waste.

    IDEAL

    Digital Confirmation through DBS IDEAL

    Provide your authorisation for DBS to confirm your positions and balances to your auditors, without needing physical touchpoints. 

    *Manual handling and longer TAT expected for Additional Products Handling / other exception handling (e.g. odd date financial year end, failed fee debiting)
    Pricing

    Save costs on your audit documents when you opt for e-retrieval! 

     

    New Pricing 

    Current Pricing 

    DBS IDEAL 

    Softcopy via Email to Auditors: HKD300 per audit request 

    Not applicable 

    Hardcopy via Post to Auditors: HKD350 per audit request 

    HKD350 per audit request 

     

    How to Apply

    Current IDEAL users may gain access to Audit Confirmation via DBS IDEAL Maintenance Form. 

    Not yet an IDEAL user? 
    Sign up via DBS IDEAL Registration Form and enjoy a wide range of online banking services. 

    User Guide
    FAQ
    What is Audit Confirmation on DBS IDEAL?

    Audit Confirmation on DBS IDEAL is a one-stop solution for DBS Corporate customers to fulfill their annual Audit Confirmation requests without needing to send any physical instruction.  
    With the Audit Confirmation feature, you can: 

    • Submit Audit Confirmation requests 

    • Obtain instant notification of transaction status via email and SMS at various stages of your request 

    • Retrieve completed audit request and download a copy of the Audit Confirmation response sent to auditors 
    Can I access the Audit Confirmation module at any time?

    Yes, the Audit Confirmation module on DBS IDEAL can be accessed at any given time, on any given day, including weekends and Public Holidays. However, requests will only be completed earliest on next working day.
    Can I choose to receive both physical and softcopy Audit Confirmation responses?

    We strongly encourage the usage of softcopy to enjoy greater convenience, lower audit fees and collectively reduce our carbon footprint. 

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