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Danske Bank UK, Circit partner to digitise audit process

Tuesday 22 February 2022 09:38 CET | News

Circit has partnered with Danske Bank UK, who has adopted and integrated the Circit platform into their audit letter response operations.

Beginning in February 2022, Danske Bank UK will be using Circit to receive, process, and respond to audit letter requests from auditors all over the UK, Ireland, and the rest of the world. This will not only digitise the entire process but will also dramatically reduce response times between Danske Bank and their customers’ auditors.

According to the official press release, in addition to the reduced response times for auditors using the Circit platform, it also allows Danske Bank to meet important goals as a sustainable and responsible business. This latest bank partnership will bring huge value to the ever-growing Circit network and allow those auditors who use the Circit platform to:

  • Reduce response times on audit requests to Danske Bank UK;
  • Remove costs associated with physical post and packaging;
  • Securely and directly communicate with Danske Bank UK over encrypted digital channels.

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Keywords: partnership, digital banking, digitalisation
Categories: Banking & Fintech
Companies: Circit, Danske Bank
Countries: United Kingdom, World
This article is part of category

Banking & Fintech

Circit

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Danske Bank

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