VERIFICATION OF INCOME TAX NUMBER BY BANKS

By Marc Sevitz · Updated

SEAMAN

SEAMAN said:
7 December 2015 at 15:47

How can the bank verify an Income Tax number? If a ITA34 was submitted to the bank how do they verify that the number is actually that persons income tax number?
TaxTim Marc

TaxTim Marc said:
7 December 2015 at 19:06

The ITA34 would reflect the name, surname and address of the person so that could be used by the bank for verification purposes.