With an unverified account your are allowed to use the Sonect app functionalities up to a limit of 200 CHF per month. If you wish to increase this limit to 10’000 CHF per month, we are required by law to verify your identity and check common information about you and the source of your funds. The reason for this is to prevent money laundering, fraud and crime.
Why do I need to verify my identity? Print
Created by: Chantal Schawalder
Modified on: Wed, 29 Jan, 2020 at 3:55 PM
Did you find it helpful?Send feedback
Sorry we couldn't be helpful. Help us improve this article with your feedback.