I was asked for photo ID again about 5 years later.
It took me a huge amount of grief and stress to get another passport so I was quite eager to show it to Revolut to sign up in a weird way. Almost like a dog with a new toy
It's fine OP, go for it.
its a bank its fine
They asked for photo ID from me last year, I didn't mind providing it again.
The need it for proof of identification (of course). FCA regulations.
Gov-issued photo ID is requested during sign-up to an account. What Gov-issued photo ID was provided during sign-up; maybe re-provide?
ID verification is used to satisfy "Know Your Customer" requirements, although Revolut chooses not to state the specific legislation at Why: revolut.com/hel…ity How: revolut.com/hel…ity
I signed up with a passport photo but my passport has expired and I don't have a new one and so I cannot verify my id. I keep getting messages. I contacted support and was told I could ignore it and I have. But I ordered a card for my son at Xmas and never arrived so think I need to get a new passport one time.
Banks must comply with Know Your Customer regulations and anti-money laundering regulations to limit fraud. If they have seen your passport then they know you have already convinced the government about your ID.
Yes its fine, I have been asked too
I'm with revolut and I haven't been asked this
They'll use it as ID, if you lose your details they'll request a selfie
KYC regulations. They have applied for a banking licence and are tightening up things.
Revolut Ltd is not a bank and does not provide bank accounts to UK …Revolut Ltd is not a bank and does not provide bank accounts to UK consumers, which may imply it is not fine.
Not yet, but they have applied for a license and this is probably preparation to become a bank.
Not yet, but they have applied for a license and this is probably …Not yet, but they have applied for a license and this is probably preparation to become a bank.
The devil's advocate observation would be: in which case Revolut waits until it obtains bank status, then ask for (additional?) Gov-issued ID.
Regardless, GI ID will have been requested as a legitimate but uncited requirement during application of the Rev EM account, but OP hasn't indicated what signup photo ID was supplied, or maybe Rev's request is the signup request?
It’s part of know you’re customer checks KYC which all financial institutions have to do. It’s safe as long as it’s definately revolut and not some spam message
The devil's advocate observation would be: in which case Revolut waits …The devil's advocate observation would be: in which case Revolut waits until it obtains bank status, then ask for (additional?) Gov-issued ID.Regardless, GI ID will have been requested as a legitimate but uncited requirement during application of the Rev EM account, but OP hasn't indicated what signup photo ID was supplied, or maybe Rev's request is the signup request?
From my limited understanding, Revolut is doing this in advance so that they don't have to close accounts later for non compliance. That will spook their investors who are only focused on account growth as a bank.
Do you know your customer, the Russian Oligarch: Yes, he is Sergei. Do you know the source of his wealth: No, but this is outside the scope of the KYC legislation so we good.
Do you know your customer, the Russian Oligarch: Yes, he is Sergei.Do you …Do you know your customer, the Russian Oligarch: Yes, he is Sergei.Do you know the source of his wealth: No, but this is outside the scope of the KYC legislation so we good.
Well to apply sanctions you only need the name and ID.
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sorted byYou would have when you singed up.
I was asked for photo ID again about 5 years later.
It's fine OP, go for it.
What Gov-issued photo ID was provided during sign-up; maybe re-provide?
ID verification is used to satisfy "Know Your Customer" requirements, although Revolut chooses not to state the specific legislation at
Why: revolut.com/hel…ity
How: revolut.com/hel…ity
Revolut Ltd is not a bank and does not provide bank accounts to UK consumers, which may imply it is not fine.
Not yet, but they have applied for a license and this is probably preparation to become a bank.
The devil's advocate observation would be: in which case Revolut waits until it obtains bank status, then ask for (additional?) Gov-issued ID.
Regardless, GI ID will have been requested as a legitimate but uncited requirement during application of the Rev EM account, but OP hasn't indicated what signup photo ID was supplied, or maybe Rev's request is the signup request?
From my limited understanding, Revolut is doing this in advance so that they don't have to close accounts later for non compliance. That will spook their investors who are only focused on account growth as a bank.
Do you know the source of his wealth: No, but this is outside the scope of the KYC legislation so we good.
Well to apply sanctions you only need the name and ID.