The Income Tax (Common Reporting Standard) Regulation, 2019 requires all Financial Institutions to collect and report certain information on financial accounts of individuals, entities and controlling persons with tax residency in any of the following 107 jurisdictions, subject to review by the Federal Inland Revenue Service (FIRS)
Self-certification form for Individual customers (CRS- I)
Self-certification form for Entities (CRS-E)
Self-certification form for Controlling Persons (CRS-CP) i.e. individuals having controlling interest of 25% or more in an entity
The Self- certification forms are available on our website www.firstbanknigeria.com or at any of our open branches nationwide.
We have put measures in place to ensure that the affected customers are contacted and that this requirement now forms part of the account opening procedure.
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