Audit offer
Customer-fund safeguarding test
Focused testing of float reconciliation, bank confirmations, and break ownership for e-money and payment floats.
Request an audit brief
Who it is for
Finance and compliance teams at payment or e-money firms who need independent confirmation that daily or next-day reconciliations actually protect the customer float — not only that a policy says they should.
How we work
We select settlement days, re-perform reconciliations, confirm bank balances where letters allow, and follow every material break to an owner and age. Suspense accounts without owners are called out explicitly.
Deliverable
A safeguarding test memo with aged break analysis, sample workpapers, and a short list of control fixes ordered by float exposure.
Duration
One to three weeks depending on float complexity and how many partner banks sit in the chain.
Next step
Book a safeguarding test with your float type and reconciliation frequency.