This guide highlights RMB Investment and Corporate Banking South Africa's specific instructions on accepted form types and how to setup the different form types for relevant bank accounts. FNB Corporate is housed by RMB, and bank confirmations for FNB Corporate clients can now also be completed through Confirmation.com.
RMB Investment and Corporate Banking South Africa Departments Not Available on Confirmation.com
The majority of RMB Investment and Corporate Banking South Africa's 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 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 |
RMB Investment and Corporate Banking South Africa's 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) |
Safex/Client Code | Consists of 6 digits | AXX1XX (3 Alphanumeric and 3 numeric) |
Instructions:
RMB Investment and Corporate Banking South Africa's 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.
- RMB will accept Client Authorizations as per company resolution or equivalent authority held with the Bank.
- Please ensure the required number of Client Electronic Signatures/Signer names as per resolution or equivalent authority is obtained before forwarding the requests to RMB to prevent denials and time delay.
NB: The Cash Management and Letter of Credit forms are no longer accepted. Should you wish to confirm:
- Cash management facilities send an Asset form.
- Letters of Credit send a Contingent Liabilities and Guarantees form.
- You can still send a Securities form for Custody accounts, however, if you want to confirm collateral you need to send an Asset 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/FCA
- Investment
- Term Deposit
- Trades (Swaps)
- 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
- Call Loan
- Term Loan
- Personal Loan
- Deal Numbers for IBD 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. |
|
| 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. | Entity wide basis Only need to set up one form, with a main account number. |
|
| Click here for a detailed explanation of the ZA - Signatories Form |
ZA - Derivative | Provides information on foreign exchange contracts and other derivative positions etc. NB: Please note that this form has two set instructions on transactional accounts and other accounts. | Individual account basis Only need to set up one form, with a main account number. Entity wide basis |
- Current
- Cheque
- Safex/Client
- code
|
| Click here for a detailed explanation of the ZA - Derivative Form |
ZA - Bills | Provides information on bills of exchange. Note: Account Balances are not provided; for balances use ZA - Asset / ZA - Liability form. | Individual account basis A separate ZA-Biils form needs to be set up per account number. |
|
Click here for a detailed explanation of the ZA - Bills Form |
ZA - Securities | Provides information on Debt, Equity, and Hybrid securities (instruments). Please note: This form is not used to provide Security/Collateral/Surety- this surety information is provided on the Asset and Liability form. | Individual account basis A separate ZA-Biils form needs to be set up per account number. |
|
| Click here for a detailed explanation of the ZA - Securities Form |
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