Banking Expert Services
Technical examination of contracts, statements and calculations in banking transactions, to determine charges, balances and amounts paid.
Overview
Every charge checked against the contract and the statement.
Banking disputes require rebuilding the transaction from the outset: the agreed rate, the amortisation method, fees, default charges and every entry in the account. SGEx recalculates these amounts with verifiable workpapers and acts for individuals, companies and financial institutions, as court-appointed or party-appointed expert.
When clients call on SGEx
- Review of loans, financing and bank credit notes.
- Current accounts, overdrafts, secured credit lines and credit cards with disputed balances.
- Real estate and vehicle financing with disputes over amortisation and outstanding balance.
- Enforcement of bank instruments and objections involving disputed amounts.
- Unrecognised transactions, fees and contested debits.
How SGEx works
- Rebuilding the transaction. The flow is rebuilt from disbursement, with every instalment, payment and charge identified.
- Contract versus charges. Rates, fees and charges applied are compared with the contract and with the criteria set by the court.
- Calculation by criterion. Where a charge is legally disputed, each scenario is calculated separately.
Expert work does not decide whether a charge is due: it shows what it amounts to and the balance under each criterion.
What We Solve
- Is the rate charged the agreed rate? Comparing agreed rates, rates actually applied and the total effective cost.
- How was interest calculated? Identifying the compounding method and amortisation system applied, such as Price or SAC.
- What is the correct balance? Rebuilding the balance from disbursements, payments and charges, under each criterion.
- How much was overpaid? Determining differences and amounts to be refunded or offset, with updating.
- Which fees and charges were applied? Listing fees, insurance, IOF tax, penalties and default charges by period.
- Is the enforcement calculation correct? Reviewing the statement of debt presented by the creditor or the party.
How We Approach It
Contracts
Gathering the contract, amendments and renegotiations, with the terms of each transaction.
Statements
Organising entries and reconciling them with the bank’s records.
Recalculation
Rebuilding the transaction by criterion, with calculation workpapers.
Report or opinion
Balances, differences and direct answers to the questions.
What we examine
Contracts, credit notes and amendments, account and card statements, debt evolution statements, creditor spreadsheets, proof of payment and Central Bank rules in force in each period.
Possible Deliverables
The format is defined according to the agreed scope and the purpose of the work.
- Expert report
- Technical opinion
- Recalculation of outstanding balance
- Statement of amounts overpaid
- Answers to questions
- Technical objection to calculations
Other SGEx Solutions
Services, specialties, contexts and industries connected to this topic under SGEx's relationship matrix.
Related Services
- Accounting Expert ExaminationIndependent expert examination of accounting records, financial statements and calculations, prepared for judicial, arbitral and administrative proceedings.
- Economic and Financial Expert AnalysisAnalysis of values, cash flows, economic assumptions and financial models in disputes and decisions that turn on quantification.
- Court Calculations and Accounting SupportPreparation, review and challenge of court calculations for law firms, companies and organisations, with validation technology and high-volume production.
- Disputes, Litigation and ControversiesEconomic, financial and accounting expert support in judicial, arbitral, administrative and pre-litigation controversies.
Related Specialties
- Contracts and Commercial RelationsEconomic and financial imbalance, contractual disputes, and commercial agency, distribution and dealership agreements.
- Rendering of Accounts and Financial ReconciliationExamination and reconstruction of accounts, reconciliations, and receivables, payables and balances among partners, officers and other parties.
- Damages, Losses and Economic QuantificationLost profits, actual damages, lost revenue, indemnities and the liquidation of court judgments.
- Judicial Reorganization, Bankruptcy and InsolvencyPreliminary expert examination, verification and challenge of claims, asset valuation, insolvency and liquidation.
Related Areas of Practice
- Civil and Contract DisputesNonperformance, termination, contract revision and civil liability claims in which the controversy turns on monetary values and calculations.
- Corporate and Shareholder DisputesDisputes among shareholders, partners and officers, corporate dissolutions, buyout claims and disagreements over financial results.
- Judicial Reorganization, Bankruptcy and InsolvencyJudicial reorganization, out-of-court reorganization and bankruptcy proceedings in which creditors, the debtor and the court all depend on reliable technical information.
Related Industries
- Financial and Capital MarketsFinancial institutions, investment funds, investors and publicly listed companies involved in disputes, valuations and financial reviews.
- AgribusinessProducers, cooperatives, trading companies and agro-industrial businesses involved in valuations, succession matters and judicial reorganization.
- Hospitality and Real EstateHotels, real estate developments and property assets involved in valuations, corporate disputes and insolvency.
- Transportation and LogisticsCarriers, logistics operators and infrastructure concessionaires involved in contractual and infrastructure disputes.
Talk to our specialists
Send the contract, the statements available and the stage of the dispute. SGEx will assess the scope of the expert work before submitting any proposal.