To verify that our customers use a legitimate bank account, we ask all our investors to do a verification deposit – which is basically a manual transfer from their personal bank account to our Monestro account (can be as less as 0,1 cent).
When money arrives to your personal account we can compare and associate your personal bank account with your investors account and fully approve that all is finalized according to our safety framework.
It is important to mention, that without verifying your personal bank account (when funding your account only through Stripe option) or not verifying your ID in the beginning of the registration – you will still be able to invest but you won’t be able to withdraw funds until you make a verification deposit.Final step of verification process: How do I Verify my bank account?