Probably some directive from some Boer sitting in some office in Joburg...

Guys, this is actually a Central Bank requirement and ALL banks are supposed to be asking for it per CBK directives. So its not a CFC, Barclays, DTB or NIC peculiarity. Even if you bank isn't asking this sooner or later it will, as borne out by diff. wazuzu's experience above.It will catch up with Equity, too, if that's what they are doing.

It began as a CBK-KRA collabo to kamata tax cheats and who better to do that with KRA than CBK which regulates banks where the actual monies are held. And it made lots of sense for KRA to seek CBK's co-operation (since both work for the same govt). In time this extended to opening of a/cs as well.

Contrary to what many of u think, getting a PIN cert in areas from Nbi is a walk in the park. In Thika, for instance, you can have it in under 2 hrs.

On certification, so long as the original PIN cert has the KRA stamp and has some official's signature this should suffice.

@intelligentsia:

The CFC Stanbic letter says CBK guidelines not requirement...

Anyway as @mukiha said, I will make the trip... lakini in all honesty... I wud rather just close the account.

I am thinking Equity simply for emergency coz wako everywhere!!!

Intellingentsia, CBK of Kenya has no regulation requiring account holders in our Banks to have a Pin Certificate.All they require is an ID?/passsport,letter of introduction from an account holder with such a bank/ your employer and two photos.
If its a business a/c then one requires MM and AA, certificate of incorporation, i/D of directors and two photos.
CFC will never be a government agent and should not be seen behaving as one.Its not their mandate to vet who pays taxes and who does not pay.Remember in SA financial systems are still Government controlled while the Kenyan one have been liberazed, rules that are in operation in SA should not be imposed in Kenya.
VVS just close the a/c and move on to some reasonable bank.
Remember this guys are asking people to submit documents for their investment bank, such documents include statements from your bank and employer to show source of income;surely since when did that become the business of a stockbrooker? soon their halls willbe empty.

@Intelligentsia - As mentioned... mine is a Savings Account.

I have decided to close it. I will move to Equity or KCB since this is an account for use as a 'rainy day'... Stuck somewhere...

Chances are Equity or KCB will have a branch not CFC Stanbic.

Is there a 24hr Equity Branch in the Westlands area?