FNB Business and Commercial South Africa Audit Confirmation Instructions

Published: 20/12/2023

The below guide highlights FNB Business and Commercial South Africa's specific instructions on accepted form types and how to setup the different form types for relevant bank accounts.

FNB Business and Commercial South Africa Departments Not Available on Confirmation.com

The majority of FNB Business and Commercial South Africa confirmations can be facilitated through Confirmation.com. There are however a few departments that are in the process of being on boarded and have thus not launched on Confirmation.com as of yet.

Should an auditor want a confirmation from any of these departments, they would need to contact the department directly. Confirmation.com is constantly adding bank departments onto the system and will notify auditors once these additional departments have launched. Please refer below to a list of email addresses that can be used to send a manual paper request to the bank.

Department Name	Email Address
Wesbank	services@wesbank.co.za
FNB Home loans (Property Finance)	cpfcorrespondence@fnb.co.za

FNB Business and Commercial South Africa Accounts

Account Name	Account Digits	Account Structure
Current	Consist of 11 digits	5XXXXXXXXXX (Starts with a 5/6. No 0 included before/after)
Call	Consist of 11 digits	5XXXXXXXXXX (Starts with a 5/6. No 0 included before/after)
Cheque	Consist of 11 digits	5XXXXXXXXXX (Starts with a 5/6)
Cash Management	Consist of 11 digits	5XXXXXXXXXX (Starts with a 5/6)
Investment	Consist of 11 digits	7XXXXXXXXXX (Starts with a 7)
CFC	Consist of 5 digits	XXXXX
Personal Loan	Consist of 13 digits	40000XXXXXXXX (Starts with a 40000)
Credit Card	Consist of 16 digits	4XXXXXXXXXXXXXXX (Starts with a 4/8)
Home Loan	Consist of 13 digits	3XXXXXXXXXXXXXXX (Starts with a 3000)

Instructions:

FNB Business and Commercial South Africa Form Setup Instructions
Depending on how information can be extracted from the bank systems, a form can be set up in 2 ways:

Individual account basis. The bank can only extract form details on an individual account basis. Auditors will therefore need to set up each account number as a separate form of the form type.
Entity wide basis. The bank can extract form details on an entity wide basis. Auditors can therefore send a single form of the form type using a main account number. As information is supplied on an entity wide basis all other account numbers do NOT need to be supplied.

• FNB Business and Commercial South Africa will accept Client Company name as per the CIPC document.
• Please ensure the required number of Client Electronic Signatures/Signer names and email address are as per Bank mandates are obtained before forwarding the requests to prevent denials and time delay

NB: The Letter of Credit form is no longer accepted. Should you need to confirm a letter of credit send the Contingent Liabilities and Guarantees form.

Form Type	Form Description	Setup Instructions	Accepted Accounts
ZA - Asset	Provides information on balances, Interest, collateral/security/facilities. Note: The bank will provide overdraft information on the ZA - asset form. An asset account is typically a current; cheque; deposit; saving; or investment etc.	Individual account basis A separate ZA-Asset form needs to be set up per account number.	Current Call Cheque CFC Investment Cash Management
	Click here for a detailed explanation of the ZA - Asset Form
ZA - Liability	Provides information on balances, Interest, borrowing agreements, covenant details, collateral/security/facilities. Note: The bank will provide overdraft information on the ZA - asset form. Only send a ZA - Asset form and not a ZA - Liability form for an account number that has an overdraft attached. A liability account is typically loans; advances etc.	Individual account basis A separate ZA-Liability form needs to be set up per account number.	Credit Card Home Loan Personal Loan
	Click here for a detailed explanation of the ZA - Liability Form
ZA - Contingent Liabilities & Guarantees	Provides information on written guarantees and other contingent liabilities.	Entity wide basis Only need to set up one form, with a main account number.	Current Cheque
	Click here for a detailed explanation of the ZA - Contingent Liabilities & Guarantees Form
ZA - Signatories	Provides a list of authorised signatories on the client account and documentation with regards to the power of attorney.	Individual account basis A separate ZA-Signatories form needs to be set up per account number.	Current Cheque
	Click here for a detailed explanation of the ZA - Signatories Form
ZA - Derivative	Provides information on foreign exchange contracts and other derivative positions etc.	Entity wide basis Only need to set up one form, with a main account number.	Current Cheque
	Click here for a detailed explanation of the ZA - Derivative Form
ZA - Cash Management System	Provides the list of linked accounts, in a system, at a financial institution where the balances are swept to a main account to accrue a higher interest return. Note: Account Balances are not provided; for balances use ZA - Asset / ZA - Liability form.	Entity wide basis Only need to set up one form, with a main cash management account number.	Cash management
Click here for a detailed explanation of the ZA - Cash Management System Form