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Buyer Intake Form Template for Nigeria

A comprehensive document used in Nigerian business operations to gather essential information about potential buyers before establishing a business relationship. This form complies with Nigerian commercial law, including the Federal Competition and Consumer Protection Act 2018 and the Nigeria Data Protection Regulation 2019. It captures crucial details about the buyer's identity, business operations, financial capacity, and compliance status, serving as the foundation for customer due diligence and business relationship management. The document helps ensure compliance with local regulations while facilitating efficient business operations and risk management.

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What is a Buyer Intake Form?

The Buyer Intake Form is a fundamental document used in Nigerian business operations to initiate and formalize new buyer relationships. It serves as the primary tool for gathering critical information about potential buyers, ensuring compliance with Nigerian regulations including anti-money laundering laws, data protection requirements, and consumer protection legislation. The form typically includes sections for business identification, financial information, compliance details, and authorization requirements. This document is particularly important in the Nigerian context where proper due diligence is essential for risk management and regulatory compliance. The Buyer Intake Form helps businesses maintain accurate records of their customers while protecting both parties' interests in accordance with Nigerian commercial law.

What sections should be included in a Buyer Intake Form?

1. Personal/Business Information: Basic identification details including full name, business name (if applicable), registration numbers, and contact information

2. Contact Details: Comprehensive contact information including physical address, postal address, email, phone numbers, and preferred contact method

3. Business Profile: Nature of business, years in operation, industry sector, and business structure (if applicable)

4. Financial Information: Payment capabilities, preferred payment methods, banking details, and credit terms requirements

5. Product/Service Requirements: Specific products or services interested in, estimated volume/quantity, frequency of orders

6. Compliance Information: Tax identification numbers, business permits, and other regulatory compliance information

7. Authorization: Details of authorized representatives who can make purchases or sign documents

8. Declaration: Statement of information accuracy and consent to terms and conditions

What sections are optional to include in a Buyer Intake Form?

1. Credit Application: To be included when the buyer is requesting credit terms or account facilities

2. Trade References: Section for providing business references, required for large volume buyers or credit applications

3. Shipping Preferences: For businesses requiring regular deliveries, including preferred carriers and special handling instructions

4. Special Requirements: Any specific requirements such as packaging, labeling, or certification needs

5. Group Structure: For corporate buyers, details of parent companies, subsidiaries, and affiliated entities

6. Environmental Compliance: For industries with environmental regulations, details of relevant certifications and compliance

7. Quality Standards: For industries requiring specific quality standards or certifications

What schedules should be included in a Buyer Intake Form?

1. Schedule A - Required Documents: Checklist of documents to be submitted with the form (e.g., business registration, tax certificates, ID documents)

2. Schedule B - Terms and Conditions: Standard terms and conditions for buyer registration and ongoing relationship

3. Schedule C - Privacy Notice: Details of how the buyer's information will be collected, used, and protected

4. Appendix 1 - Product List: Standard product categories and pricing tiers available to buyers

5. Appendix 2 - Credit Terms: Detailed credit terms and conditions if credit facilities are offered

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

Nigeria

Publisher

Genie AI

Document Type

Intake Form

Cost

Free to use

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