Folio users are required to verify their identities prior to the withdrawal of their savings. The information we request as part of this is required for anti-fraud & security reasons.
The uploading of Proof of Identity (Passport, Identity Card, or Drivers License) is required as part of this verification.
This is in line with UK banking regulation 'Know your Customer’ (KYC) policy.
Your information is fully encrypted and held securely.