2012-12-07 | TED/FEM/FPC/GEN/01/034

Automation of FOREX Forms on the Trade Monitoring System (Single Window System for Trade)

The Trade and Exchange Department of Central Bank of Nigeria has extended the commencement date for full implementation of Taxpayer Identification Number (TIN) on trade portal from December 6th to December 13th, 2012. During this period, e-Form 'M' submission should be done electronically, and banks without TIN validation should request their customers for TIN validation by December 13th. Scanning Service Providers should accept e-Forms with or without TIN validation. Importers are required to ensure that the address on their Pro-forma Invoice matches their TIN and NCS database addresses until December 13th. All Authorized Dealers must continue online submission of Forms 'M' using either TIN or RC Numbers by this new date.

Nigeria

Central Bank of Nigeria

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