We are pleased to announce that Bank Rakyat is now an active participant in the eConfirm platform, effective as of September 7th, 2023 and will begin accepting electronic bank confirmation requests.
Please note that auditors are only permitted to submit requests for the following facilities.
Business Banking and Financing Accounts:
1. Financing Account
2. Project revenue account (eCAi)
3. Sinking Fund Account (eCAi / TD-i)
4. Finance Service Reserve Account (FSRA) (eCAi / TD-i)
1. Treasury Products (Money Market) – FD, Interbank Lending and Borrowing, NIDs (Active only)
For any other facilities, auditors are required to submit their requests via hardcopy to the domicile branch.
Please avoid submitting multiple requests for different facilities in different bank branches through eConfirm. Additionally, for multiple year-end confirmations, only one request letter is required, and the platform will auto-populate requests based on the selected financial year ends.
If your firm is not registered with eConfirm, please complete the registration form and email it to [email protected]. Complimentary training will be provided to your audit staff upon registration, allowing you to create profiles for your firm and clients, facilitating the submission of bank confirmation requests through eConfirm.
For a comprehensive list of participating banks, visit https://econfirm.my/participating-banks/.