Friday, March 29, 2024

TPIN registration is cable of curbing financing of terrorism-Kalyaya

Share

Bank of Zambia Governor Denny Kalyalya
Bank of Zambia Governor Denny Kalyalya
Bank of Zambia governor Denny Kalyaya says Tax Payers Identification Number (TPIN) registration is cable of curbing financing of terrorism which is a threat world over.

He explained that there are several benefits in having the TPIN number especially when an individual wants to open an account or acquire a loan, they would not be required to avail their documents as their details will be made available to the bank through the use of the TPIN number.

Dr Kalyalya was speaking during the opening of First National Bank (FNB) Kalumbila branch in Kalumbila district of North-Western province yesterday.

And speaking at the same event FNB Chief Executive Officer Leonard Haynes, revealed that FNB is assisting individuals with the process of TPIN registration as a measure to increase levels of compliance.

Mr. Haynes said his bank has introduced electronic kiosks in most of its branches where customers can access the internet to do the self-registration of TPINs

Mr Haynes expressed gratitude to ZRA for extending the deadline for individual TPIN registration from 31st December 2017 to 31st March 2018.

3 COMMENTS

  1. Denny Kalyalya’s statement regarding TPIN and terrorism simply exhibits that he is a fool despite he is educated. Since when did Zambia has had issues/activities of this nature?

  2. You have caused alarm at the way you have approached the issue of TPIN registration with deadlines yet your staff are slow in responding to all the application we have made.

    Please only if you can tell the officers giving numbers to increase the pace. Otherwise your deadline will lead to an act of terrorism you want should you disturb people’s businesses. Why are you fond of bringing things upon innocent Zambians before you sought out how you will handle them?

    Network system, you have tempered with it, yet we want to embrace technology!

Comments are closed.

Read more

Local News

Discover more from Lusaka Times-Zambia's Leading Online News Site - LusakaTimes.com

Subscribe now to keep reading and get access to the full archive.

Continue reading