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 automatically provide your authorisation for DBS to confirm your positions and balances to your auditors through DBS IDEAL, without needing physical touchpoints.
Speed up your audits with these benefits
- Faster turnaround time, processed as quickly as 24hrs**Manual handling and longer TAT expected for Additional Products Handling / other exception handling (e.g. non-month end Financial yearend, Failed fee debiting)
- Greater traceability of your audit confirmation
- Go digital! Join our sustainability efforts to reduce paper waste
Save costs on your audit documents
Pricing | ||
---|---|---|
Softcopy via Email to Auditors | Hardcopy via Post to Auditors | |
Request via DBS IDEAL | Free*Valid until | S$50 |
Request via Mail-in | NA | S$50 |
Digital Confirmation through DBS IDEAL
Provide your authorisation for DBS to confirm your positions and balances to your auditors, without needing physical touchpoints.
Go Digital with Audit Confirmation on DBS IDEAL today!
You may gain access to Audit Confirmation via the Customer Self Administration (CSA) module on DBS IDEAL. Access is automatically granted to all new IDEAL transaction approvers.
Not on the DBS IDEAL CSA module?
Apply for the DBS IDEAL CSA module via Online Form - IDEAL Maintenance Form (dbs.com.sg).
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