Confirmation.com - How to set up a form for responders in South Africa?

Kindly be advised that Mercantile bank has changed its name to Capitec Bank Limited and its departments.

Kindly be advised that all South African Banks have extended their SLA period to 20 working days (excluding weekends and public holidays) from the 01st of January to 31st of March 2024.

FAQ

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
iO
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
InvesteciiN/AOON/AN/AN/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
ABSA
FNB
RMB
Nedbank
Investec

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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