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‘Form A’ applicants to submit three-year Tax Clearance Certificates – Banks



Standard Chartered

Nigerian banks are now requesting that customers applying for forex transactions via a Form A must now provide at least the last 3 years tax clearance certificate.

ThePressNG confirmed this from an email notification from Standard Chartered Bank to its customers.

According to the notice, effective April 1, 2024, all Standard Chartered Bank customers who use Form A for applications are mandated to upload their TCC for the last three assessment years—2021, 2022, and 2023. 

This requirement applies to both new and existing Form A applications processed on the Central Bank of Nigeria’s (CBN) trade monitoring system (TRMS). 

The bank emphasises that all submitted TCCs will be verified in collaboration with state tax issuing authorities before the approval of any application.