• May 01, 12
  • Statucor
  • 0 Comments

Announcement issued by Acting Commissioner Rory Voller of the CIPC

Agreement has been reached between CIPC and the Banking Association of South Africa (BASA) that banks will no longer require a barcoded short/standard Memorandum of Incorporation to be submitted together with an application for the opening of a business banking account.

In view hereof, this notice serves to inform all CIPC customers that with effect from Monday 1 October 2012 CIPC will no longer be issuing a barcoded short/standard Memorandum of Incorporation upon the registration of new enterprises.

CIPC will from this date only barcode non-standard MOI.