Forensic Audit-Excess Bank Charges Recovery
Banking system plays an important role in the modern economic all over the world. They provide specialized financial services, which enhance business activities locally and internationally. Through the process of financial intermediation and supports to business, they earn interest on loan/credits facilities, fees, and commission on other services.
Experience over the years reveal that majority of customers’ accounts are debited either mistakenly or deliberately with excess and unauthorized bank charges cum interest thereby making many organizations to lose considerable amount of funds monthly.
Why you need a forensic auditor for excess bank charges recovery?
In relation to CBN guidelines, we facilitate recovery on:
- Letter of credit transactions
- Excess interest on loan charged by bank
- Excessive bank charges on transactions and overdraft and overdraft
- Underpayment on Fixed Deposit and associated benefits
