With a simple interface and commission-free sectors. Investment accessibility has never been greater thanks to Robinhood. You have to go through the identity verification process on Robinhood. Before starting to buy other things and digital currencies.
Financial institutions need proof of identity. To comply by rules like Remember Your Customer. Additionally, to put an end to fraud, money laundering, and other illegal activities. To declare that the person using it is who they must be.
An automated system that has access to public documents used by Robinhood. Learn How to Get a Crypto Wallet on Robinhood. While most customers find Robinhood’s ID check procedure to be reasonable. There are moments when it can present challenges. Every need explained in this tutorial.
And the right steps to successful authenticate your identity on Robinhood. Enabling you to profit from their $0 charge deals right away.
How Can You Verify Your Identity Using Robinhood?
As soon as your paperwork prepared. To complete the identity verification process on Robinhood, follow these simple steps.
Step 1: Register for a Robinhood account. If you haven’t done so before. Download the Robinhood app or visit the website to create your first account. Input your phone number, name, and other pertinent personal information.
Step2: Upload the ID file online. A picture of a formal government identity document must send. For example, a photo ID or card on the “Check the Identification” screen.
Aim for a clear, sharp image. Check to make sure the ID can see the image from all four angles.
Step 3: Enter your SSN and address information. The street address of your actual house. Next, you need to input the nine-digit Social Security number. Check this again for any mistakes. since they may obstruct verification.
Read Also: How to Open a Robinhood Account
Step 4: Present evidence of address. Documentation verifying that you live at the specified address required by Robinhood. You will need to supply a photo of your identity. For instance, a rent agreement, bank statement, or utility bill.
Step 5: Submit your work for validation. following the submission of the required identity documents. Press the button to complete the process.
Robinhood will now verify your details against the official databases. Besides, it can take up to five working days. Instantaneous verification accomplished. Simple Identity Theft Advice. But, the majority of the authentication done by Robinhood’s technology.
The procedure can proceed more if you follow these tips
- Use sharp, high-quality scans or photos.
- Verify the accuracy of the spelling of IDs and addresses.
- Send in color papers instead of black and white ones.
- When verifying via a desktop computer as opposed to a mobile device. Many clients attest to superior results.
- You will be able to correct any errors or re-upload new documents.
- If for any reason Robinhood’s system rejects the initial entry, try again later.
- If you’re still unsure, check out How to Get a Crypto Wallet on Robinhood.
What Takes Place If You’re Having Problems with Verification?
Constant technical issues or inconsistent databases may arise for users. in an attempt to authenticate their Robinhood account.
- Contact Robinhood customer support via phone, email, or through the app.
- Examine utilizing an alternative gadget or webpage.
- Update any outdated or inaccurate identity documentation you may have.
- Include a link to a pre-authenticated PayPal profile.
- Move assets after creating a profile with a different brokerage.
The authentication procedure with Robinhood is rather straightforward. You should have the ability to prove who you are.
Read Also: Are Your Investments Safe with Robinhood
And as soon as you get the necessary identification documents, open a new Robinhood trading account. Give all the information.
How to Open a Robinhood Account?
The following paperwork required in order for Robinhood to verify your identity:
- A government-issued photo ID that is valid.
- Verification of your address in writing.
For US citizens to be cross-referenced in Robinhood. Furthermore, SSA numbers and national tables for lawful residents required. If you are not a citizen of the United States. You may be able to use alternative paperwork, including a passport number.
Many document formats, including, accepted by Robinhood as verification of address.
- Statements about bank accounts and credit cards.
- Utility bills are one category.
- A rental or lease agreement.
- A record from the local government that has your address on it.
The identification proof ought to be valid for such a long time of confirmation. Since it is current and shows where you now live.
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