Lightspeed PAPERWORK

Is it just me or is the only business still compelled to use huge forms, stocktrading?

I mean I ATTEMPTED to open an account at lightspeed to be gifted with an account opening procedure more stringent than the UK passport office. They wanted a reference from my bank. I have a business account with Barclays and my business manager has more clients to manage than god knows what.

Even with CFD providers now.

It just seems they want to know every little thing about you. I mean I have a spouse yes, but do you really need to know that!

mrkmcknz said:

Is it just me or is the only business still compelled to use huge forms, stocktrading?

I mean I ATTEMPTED to open an account at lightspeed to be gifted with an account opening procedure more stringent than the UK passport office. They wanted a reference from my bank. I have a business account with Barclays and my business manager has more clients to manage than god knows what.

Even with CFD providers now.

It just seems they want to know every little thing about you. I mean I have a spouse yes, but do you really need to know that!

Click to expand...

Just wait until you try and draw money out with some of them.
"I've changed my bank account"
"Oh no oh no we can't have that it must go back to the account you deposited from and no other"
"But it no longer exists"
"We require a statement from the bank that the account is closed"
"But the account is closed, I no longer have any dealings with them?
"We also require a copy of your birth certificate, the keys to your house, access to your wife, a stool sample..."
"But I only want to withdraw £500??"
"Yes but you might be a thief!"
"But my new bank is account is registered to the same person at the same address all you need to do is cross check my card details with the old ones you have"
"No, can't do that. It's poo in the post or no money for you. Good day"