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.