Copy Of Self-Certification Form FG Wants Every Bank Account Holder To Fill

A copy of the “Self-Certification Form” detailing the information that bank account holders are meant to share has emerged.

Naija News had reported earlier that the Federal Government made this known in a social media statement on Thursday evening, where it warned that failure to comply may include a monetary penalty or inability to operate the account.

The federal government said the certification forms would be in 3 categories, which are “Form for Entity – For Controlling Person (Individuals having a controlling interest in a legal person, trustee, etc) – Form for individual”.

The statement reads as thus; “INFORMATION: This is to notify the general public that all account holders in Financial Institutions (Banks, Insurance Companies, etc) are required to obtain, complete and submit Self – Certification Forms to their respective Financial Institutions.

INFORMATION:

This is to notify the general public that all account holders in Financial Institutions (Banks, Insurance Companies, etc) are required to obtain, complete and submit Self – Certification Forms to their respective Financial Institutions.

— Government of Nigeria (@NigeriaGov) September 17, 2020

“Persons holding accounts in different financial institutions is required to complete & submit the form to each one of the institutions. The forms are required by the relevant financial institutions to carry out due diligence procedures in line with the Income Tax Regulations 2019

“The self-certification form is in 3 categories:
– Form for Entity
– For Controlling Person (Individuals having controlling interest in a legal person, trustee, etc)
– Form for individual

“Failure to comply with the requirement to administer or execute this form attracts sanctions which may include monetary penalty or inability to operate the account. For more enquiries visit @firsNigeria website (http://firs.gov.ng) for more details.”

Failure to comply with the requirement to administer or execute this form attracts sanctions which may include monetary penalty or inability to operate the account. For more enquiries visit @firsNigeria website (https://t.co/lv3VYV5wD4) for more details.

— Government of Nigeria (@NigeriaGov) September 17, 2020

below is a copy of the “Self-Certification Form…

SELF-CERTIFICATION-FORM-FOR-INDIVIDUAL