CRS self-certification when opening FNB bank account

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  • NeilH
    Email problem
    • Jul 2017
    • 4

    #1

    CRS self-certification when opening FNB bank account

    Hi,

    I've received a "CRS self-certification" from FNB on opening a bank account.

    Has any one had any experience with this?

    "Please be advised that SARS issued the Common Reporting Standards (CRS) regulation under the Tax Administration Act.
    CRS is aimed at reporting foreign taxpayers to SARS and imposes certain reporting and other obligations on South African financial institutions, including FNB
    "
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