Required ID for a withdrawal

Investment ForumCategory: General QuestionsRequired ID for a withdrawal
Nigel asked 3 years ago
What ID should you be expected to give, they are asking for copies of CC both sides DL or Passport & utility bill, is this normal?

1 Answers
Moderator Staff answered 3 years ago
Hi Nigel,
Yes this is normal to request all this documentation, as part of the KYC (Know Your Customer) regulations.
If you are dealing with a broker that is not licensed and regulated, it can just be part of their scam to not let you dispute charges on your credit card.