How to set up a form for responders in South Africa?

Published: 19/10/2023

Depending on the responding bank and their internal system requirements, banks require auditors to setup the various forms in different ways. A bank may require a certain form type to be setup as a separate form per account/reference number; whilst other banks may require the same form type to be setup as a single form, using any main account number (Note: Where a single form is required, the bank will provide all product information on this form relating to the form type).

Answer:

NB: The ZA-Liability form should only be sent for legitimate loan accounts and not for accounts with an overdraft, as overdraft information is completed on the ZA-Asset form. Auditors do not need to send both ZA-Asset and ZA-Liability forms for the same account.

	ZA-Asset	ZA- Liability	ZA-Contingent Liability	ZA-Derivatives	ZA-Signatories	ZA- Cash Management	ZA-Letter of Credit	ZA-Bills
Standard Bank	i	i	O	O	i	N/A	O	O
ABSA	i	i	O	O	i	N/A	O	N/A
FNB	i	i	O	O	i	O	O	N/A
RMB	i	i	O	O	O	O	O	i
Nedbank	i	i	O	i	i	O	O	N/A
Investec	i	i	N/A	O	O	N/A	N/A	N/A

Table Key:

i - Setup Individual Form for Every Account

O - Setup Only One Form per Entity

N/A - Does not accept this form type

	Link to Responder Instructions
Standard Bank	Standard Bank Loans and Other Liabilities Audit Confirmation Instructions Standard Bank South Africa Audit Confirmation Instructions Standard Bank Africa Audit Confirmation Instructions
ABSA	ABSA Business Banking South Africa Audit Confirmation Instructions Please note that ABSA Business Banking now offers a Shariah Asset form for Islamic accounts ABSA Other Business Liabilities Audit Confirmation Instructions ABSA Private, Wealth and Retail Banking South Africa Audit Confirmation Instructions
FNB	FNB Business and Commercial South Africa Audit Confirmation Instructions FNB Business and Commercial - Liability Form Setup Instructions
RMB	RMB Investment and Corporate Banking South Africa Audit Confirmation Instructions Use the ZA- Securities form on an individual basis (one request per account)
Nedbank	Nedbank Commercial Banking Audit Confirmation Instructions Nedbank Corporate Banking - Loans and Other Liabilities Audit Confirmation Instructions Nedbank Business Banking - Loans and Other Liabilities Audit Confirmation Instructions Nedbank Capital South Africa Audit Confirmation Instructions Nedbank Corporate South Africa Audit Confirmation Instructions
Investec	Investec Private Bank South Africa Audit Confirmation Instructions Investec Corporate and Institutional Banking South Africa Audit Confirmation Instructions Investec Bank - Corporate Cash Manager (CCM) Audit Confirmation Instruction

Make use of the In Network Responder List to obtain detailed guidance from all the banks you are planning to initiate request for. This is to ensure you submit your request correctly, based on the type of information required from each bank to process your request.

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