QI Services for Banks — Reviews, RO Certification, 1042/1042-S Hardening & QDD

QI Services for Banks

Practical QI support for small and mid-sized banks — remote-first, reviewer-ready, and sized for lean teams. We deliver independent periodic reviews, RO certification support, withholding/1042-S hardening, and QDD scoping.

Scope: QI status (non-QDD/QDD basics), documentation (W-8/W-9), withholding on U.S. source payments, pooling & allocations, Form 1042/1042-S tie-outs, QDD basics, and RO/certification readiness. Worldwide (remote-first) • Reviewer-ready outputs • EN/DE

Who this is for

  • Community/Private banks, boutique wealth managers, custody/light brokerage units.
  • Banks without Big-4 budgets that still want Big-4-proof evidence and outcomes.
  • Teams with limited in-house U.S. tax expertise who need a remote partner.

Service packages

Package A — QI Periodic Review (independent)

Three-year independent review for QI compliance with a clear scope and minimal disruption.

  • Planning & scoping call + evidence index (what to pull, where it lives).
  • Sampling across documentation, withholding, pooling, allocations, reporting.
  • Issue log with severity/owner/ETA; validation of closures.
  • Formal reviewer report + management letter; exit brief for RO/Board.

Package B — RO Certification Support (QI)

Guide your QI RO to a safe filing: CEIC vs. Qualified, waiver check, portal drafts, evidence index, remediation plan.

  • CEIC vs. Qualified decision (materiality & disclosure wording).
  • QI portal draft answers + waiver eligibility memo (if applicable).
  • Indexed evidence pack; remediation plan with owners & milestones.

Package C — Withholding & 1042/1042-S process hardening

Wire up rates/pooling logic, correct 1042-S schemas, and reconcile cleanly to Form 1042 and GL.

  • Rulebook for rate application & exception handling; maker-checker hooks.
  • 1042-S data validations; common reject fixes; receipts & corrections log.
  • Reconciliation: 1042-S → 1042 → GL (evidence pack + sign-offs).

Package D — QDD Scoping (fixed-fee)

Assess QDD need & readiness; outline operating model and controls for 871(m) products.

  • Scope memo (products/flows), roles & responsibilities, control blueprint.
  • Schedule Q touchpoints; tie-out considerations.
  • Roadmap with milestones and dependencies.

How we work (remote-first, low overhead)

  1. Kick-off (1 hour): scope, stakeholders, secure data room, timelines.
  2. Dossier ingest: we use an evidence index so teams only pull what’s needed.
  3. Testing & tie-outs: samples across documentation, pooling, rates, and reporting.
  4. Findings & fixes: practical, prioritized; we provide templates and example wording.
  5. Close-out: reviewer report/readiness memo + RO/Board briefing.

Deliverables you can expect

  • Evidence index & dossier map with stable file paths.
  • Issue register (severity/owner/ETA) + validation of closures.
  • Reviewer report / RO certification draft & readiness notes.
  • Reconciliation pack 1042-S ↔ 1042 ↔ GL with receipts.
  • Control calendar + simple KRI dashboard.

Indicative pricing (fixed-fee ranges)

Package Typical scope Range (EUR)
A — Independent QI Periodic Review SMB bank, remote, standard products €14k–€28k
B — RO Certification Support (QI) CEIC vs. Qualified, drafts, waiver check, evidence €6k–€12k
C — 1042/1042-S Hardening Rules, validations, tie-outs €10k–€22k
D — QDD Scoping (fixed-fee) Readiness memo & roadmap €5k–€9k

Final fees depend on product set, volumes, and systems; we quote a fixed price after the scoping call.


Quick FAQ

Can you do fully remote reviews? Yes. We run remote-first reviews using a secure data room and structured evidence lists. On-site is optional.
Is an external reviewer mandatory? QI requires a periodic review (unless a waiver applies). The reviewer must be independent; external is common but not strictly required.
Do you support QDD? Yes — see QDD Scoping; for complex derivatives we coordinate with specialized partners.

Ready to scope your QI engagement?
Share your product set and systems and we’ll send a fixed-fee proposal.