What is In-Person Verification (IPV), and why is it required?

 

  • In-Person Verification (IPV) is the process of verifying that the person opening the account and the documents submitted are of the same person. As per regulations, brokers can perform In-Person Verification (IPV).

  • Clients are required to enable the camera and capture clearly visible selfie at the time of account opening.

  • Clients must ensure that only the account holder is present during capturing Selfie. The IPV will be rejected if anyone else is present.

 

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