The annual Audit Confirmation exercise is often a time-consuming process for businesses. The Audit Confirmation feature on DBS IDEAL provides a streamlined process, and greater efficiencies.
The online process removes the need for branch visits or sending physical instructions to provide your authorisation for DBS to confirm your positions and balances to your auditors. Enjoy real-time status updates and notifications upon completion of transaction requests.
Quicker turnaround
Receive fast approvals as Audit Confirmations are processed within 24 hours.*
Increase efficiencies
Eliminate manual signing of the Letter of Authorisation and track the status of your Audit Confirmation in real-time.
More secure
Enjoy greater transparency with a complete digital audit activity trail.
Go green
Contribute to sustainability efforts to reduce paper waste.
*Manual handling and longer TAT expected for Additional Products Handling / other exception handling (e.g. non-month end, financial year end, failed fee debiting
Save costs on your audit documents when you opt for e-retrieval!
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 |
You may gain access to Audit Confirmation via the Customer Self Administration (CSA) module on DBS IDEAL. Access is automatically granted to all 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).
That's great to hear. Anything you'd like to add?
We're sorry to hear that. How can we do better?