Guidance Note on Streamlined Requirements for Account Opening, Provision of Financial Services and Customer Identification

Published: Wednesday June 20th, 2018

This Guidance Note provides clarification on the Central Bank's policy in relation to customer due diligence procedures for the purposes of account opening, and general customer identification.

Note: This document is now appended to the Central Bank’s Guidelines for Supervised Financial Institutions on the Prevention of Money Laundering, Countering the Financing of Terrorism & Proliferation Financing.

Any questions regarding this guidance note should be directed to:

The Policy Unit,
Bank Supervision Department,
The Central Bank of The Bahamas,
Market Street,
P.O. Box N-4868,
Nassau, Bahamas
Tel: (242) 302-2615
Fax: (242) 356-3909
Email:[email protected]