RANT CORNER
EDIT
Make that 4 as November was rather wet
- ForFolksSake
- Posts: 1077
- Joined: Sat May 11, 2024 2:51 pm
.... ⛴
https://www.youtube.com/watch?v=h6omFJhKr6o
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- jamesedwards
- Posts: 5468
- Joined: Wed Nov 21, 2018 6:16 pm
I just opened a new investment with JP Morgan on their app. Just £1k in order to take advantage of a medium term cashback offer.
OMG the questions and rigmarole required just to invest a grand...
> Nationality
> Upload photo ID
> Upload selfie
> Employment status
> National Insurance number
> Industry
> Income
> Source of funds
> Expenditure
> Affordability
> A dozen risk assessment questions
And I had to check a box at least 5 times (no exaggeration) throughout the process to confirm that I could afford to live if I was to lose my investment.
I wish I hadn't have bothered. This country is wrapping itself up in rolls and rolls of red tape.
OMG the questions and rigmarole required just to invest a grand...
> Nationality
> Upload photo ID
> Upload selfie
> Employment status
> National Insurance number
> Industry
> Income
> Source of funds
> Expenditure
> Affordability
> A dozen risk assessment questions
And I had to check a box at least 5 times (no exaggeration) throughout the process to confirm that I could afford to live if I was to lose my investment.
I wish I hadn't have bothered. This country is wrapping itself up in rolls and rolls of red tape.
It is ridiculous that you have to do it at every stage. You've transferred the money into a bank which has asked you all those questions, then you transfer the money out of a bank somewhere else which asks you exactly the same bloody questions.
