What Nigerians Need To Know About Self-Certification Form As Ordered By FG

 What Nigerians Need To Know About Self-Certification Form As Ordered By FG
Spread the love

The latest news trending now is that Federal Government has ordered All account Holders (Nigerians) In Banks, Insurance companies to submit self-Certification form or lose their bank accounts.

Self-Certification form

The announcement was made via FG’s official Twitter page @NigeriaGov. According to FG, the self-certification forms are important to enabling financial institutions to follow due procedures for issues relating to income Tax Regulations Act 2019.

The self-certification form is available in three categories namely;

  1. Form of Entity
  2. Form for controlling persons (individuals having an interest in a legal person, trustee etc.
  3. Form for Individual

However, Akinblog learnt that failure to submit Self-Certification form as ordered by the Federal Government will attract sanctions which may include monetary penalty or inability to access the bank account.

 

Self Certification form

Requirements to fill Self-Certificate form

  • Full Name
  • Bank verification form
  • Bank Account details
  • Phone number
  • Valid Means of identification
  • Other Personal details

How to get self-Certificate Forms in Nigeria

You are advised to visit your bank and meet the customer care agent to request for self-certificate form.

READ  Enugu State Government Set To Shutdown All Borders, Markets Over Coronavirus Pandemic

Once you are given the form, fill it and submit it back to your bank.

When Would the filing of Self Certificate Form Commence?

The Federal Government just made the announcement yesterday evening and from the look of things, All financial institutions might be directed to commence this exercise in a few days.

For more enquiries, you can visit (firs.gov.ng) for more details.

 

 

 

 

 

 

 

 

 

 

 

Akinseye Sunday

Leave a Reply

Your email address will not be published.