Why have I been asked to provide identification for a withdrawal?

This is a standard procedure in our routine screening of accounts to provide our customers with maximum transaction security. Usually we ask for specific documents, when customer requests a withdraw to an IBAN (if there has not been a withdraw to this specific IBAN before.).

Popular questions

I’m not sure if I have an account already, what should I do?
Why have I been asked to provide identification for a withdrawal?
Why do you need my email address?
What is maximum/minimum deposit amount?
Can I cancel my withdrawal?
Is it possible to change my account password?
Do you accept customers from all countries?
What is IBAN account number?