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TERMS & CONDITIONS I/we confirm and agree that my/our account(s) and all banking transactions between me/us (the customer) and Stanbic IBTC Bank PLC (the Bank) shall be governed by the conditions
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Start by providing basic information such as your name, date of birth, and contact details on the tier 1 form.
02
Move on to provide more detailed information about your employment history, income, and assets on the tier 2 form.
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Who needs tier 1 and 2?

01
Tier 1 and 2 forms are typically required by financial institutions when applying for a loan or credit card.
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Individuals who are seeking to borrow money or establish credit may need to fill out tier 1 and 2 forms in order to provide the necessary information for the lender to assess their creditworthiness.
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Tier 1 and 2 refer to different levels of reporting requirements for financial institutions.
Financial institutions such as banks, credit unions, and investment firms are required to file tier 1 and 2.
Tier 1 and 2 forms can be filled out electronically or manually depending on the preference of the financial institution.
The purpose of tier 1 and 2 is to provide regulators and stakeholders with information about the financial health and stability of institutions.
Tier 1 and 2 forms typically require information on assets, liabilities, capital, income, and other financial metrics of the institution.
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