Binomo account verification requires you to complete the following steps:
- Verify your address of residence.
- Verify that you are the legal owner of the credit or debit card that you are using on Binomo for deposits and/ or withdrawal.
In order to verify your identity, the user must provide either a scan photo of the passport or an identity card. If it is a passport, only a scan of the page with your photo is required. If it is an identity card, a scan of both sides is required.
Address of residence verification
To verify the address of residence, the user must provide a scanned copy of one of the following documents:
- Bank account statement
- Utility bill (Electricity, phone, water, etc)
- Tax statement
- Official document with the stamp from the municipality
Any of the above-mentioned documents would be enough to confirm your address. However, make sure these documents contain your full name and address and are not older than six months.
If it is a bank statement, it must show either the logo of your bank or an official seal. When you send the document, make sure everything is clear and fully visible, as otherwise it might not be accepted for approval.
Credit or debit card verification
You will need to prove that you are the legal owner of the card used for any sort of transaction on Binomo. Hence a scanned copy of both sides of the card must be provided.
Requirements: A scanned copy of your credit or debit card must contain your full name and part of the card number must be obscured.
To do that, you can either use a digital method (such as a photo editor) or a physical method (such as a piece of paper).
General requirements for all document verification
Frontal positioning for all documents is required, which means you can not take a picture of a document from a side/angle. All edges must be visible on all sides and documents can not be cropped.
A scanned image must be clear, where everything is visible and can be easily discernible. An image can not be faded or blurry. The picture cannot contain any shadows, reflections and it can not be obscured with any objects.
Make sure that the picture is not too large because the maximum image size is eight megabytes. The image must be in either JPEG or PNG format. The verification status can always be checked in your account.
Good luck trading at Binomo!