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Important Notice for Customers and Prospective Customers

FORUM NEWS SIERRA LEONE by FORUM NEWS SIERRA LEONE
22 July 2025
in BUSINESS
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Important Notice for Customers and Prospective Customers
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Dear Esteemed Customers,

The Central Bank of Sierra Leone has issued a new directive that All customers must now provide their National Identification Number (NIN) and Tax Identification Number (TIN) for all banking transactions, to enhance security and integrity.

Kindly take note of the following key points:

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Opening Account: All new individual customer accounts must be opened with a valid

National Identification Number from NCRA, and for businesses your Tax Identification Number issued by the NRA, effective immediately.

Updating Existing Account: All existing customers are required to update their account records with their NIN numbers on or before the 31st December, 2025.

Access to the National Switch: Existing customers who wish to access or utilize the National Switch for payments must ensure their NIN is linked to their bank account by  31st August 2025.

These steps are vital to combating fraud, enhancing system compatibility, and securing digital finance.

By Management

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