So as you guys know, I'm trying to get established on 5Dimes.
There were some issues regarding deposit methods that I won't bother getting into, but an agreement was made that they would compromise with me if I sent in my ID.
So I sent in my ID with my driver's license # and signature redacted.
I was told that this is insufficient, and they need to see everything.
I cannot imagine why they would need my signature or DL#. I don't feel comfortable sending that off to Costa Rica or wherever.
Keep in mind that I am not making any credit card deposits. I would be buying prepaid cards (or alternately bitcoin) and depositing that way, so they have pretty much zero risk.
Besides, what is the point of the ID? Presumably to make sure that I am who I say, and redacting certain info should be fine for that purpose, provided my name, address, DOB, and picture are there (which they are).
So is this standard nowadays? Am I going to have to do this if I want to sign up for any offshore book?
I just don't like handing a copy of ID off to people offshore in a shady industry.