Banking and Payment Federation Ireland (BPFI) has compiled a schedule for auditors which provides information as to where they are to send their standard form of request at the end of a financial reporting period: Bank Reports for Audit Purposes Bank Contact List. The purpose of this is to put in place a more effective system for dealing with bank reports for audit purposes. Access the Bank Reports for Audit Purposes here.
Download the standard form of request to be sent by auditors.
Please note that from 1 January 2013, the standard form of request to be sent by auditors to banks for bank letters purposes has to be in the new format agreed between BPFI and the auditor bodies and that from 1 December 2012 no forms will be processed unless an account number and NSC is provided on the forms.
Also note that the average time of completion of audit query requests is around four working days, however, this can increase to 15 working days during peak periods of January to April and in October.