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Why You Should Link Your YEIDEP Bank Account To Tax ID Or NIN Before 2026

Why You Should Link Your YEIDEP Bank Account To Tax ID Or NIN Before 2026

Why You Should Link Your YEIDEP Bank Account To Tax ID Or NIN Before 2026 - According to the Nigerian Tax Administration Act (NTAA) 2025, all bank accounts must be linked to either a Tax Identification Number (Tax ID) or a National Identity Number (NIN). Customers without a Tax ID are required to link their accounts using their NIN.

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YEIDEP applicants who open a Fidelity bank account for the YEIDEP program have been notified by Fidelity Bank on the important notice to customers concerning a new regulatory requirement that will affect all bank account holders in Nigeria starting from January 1, 2026

What This Means for Customers

Any bank account that is not linked to a Tax ID or NIN by January 1, 2026 may be restricted from carrying out transactions. This could affect withdrawals, transfers, and other banking services.

To avoid service disruption, customers are advised to update their account details as soon as possible.

How to Submit or Update Your NIN for Fidelity Bank

Fidelity Bank has provided the following options for customers to submit their NIN:

  • Visit the NIN portal on the Fidelity Bank website
  • Dial *770*02# and follow the prompts
  • Visit the nearest Fidelity Bank branch

Need Help?

For enquiries or assistance, customers can contact Fidelity Trueserve:

Phone: 070034335489
Email: [email protected]

This update is part of ongoing efforts to improve financial transparency and compliance in Nigeria. Customers are encouraged to act early to ensure uninterrupted access to their bank accounts.

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Applicants who open YEIDEP bank account with other partners banks different from fidelity can contact their bank customers service team for assistance regarding this matter.

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