Trading 212 Cash ISA - Borderline discriminatory???

ivormonee

It does seem that there are quite a few people who don't have a driving licence (and indeed, why should they, if they can't or do not wish to drive) or a passport (and indeed, why should they if they choose not to engage with travel beyond the UK, or pay the charges for having one). As others have said above, a great advantage of an ID system, such as those in other countries, is that it becomes effortless to prove one's identity. If we had such an ID system in place, the OP's mother would have access to T212's products but even then, would such a site be suitable? When I look at T212 I am bedazzled by trading-related stuff which makes it seem like little more than a gambling site. Additionally, from T212's main homepage, I can't seem to be able to navigate to their cash ISA. I just don't think T212 is really geared up for people like me and the OP's mum!

Altior

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

Kaizen917

T212 were fine accepting my EU ID card as well so more than enough options.

Kim_13

If they would only accept a driving licence and not a passport, then there would be more likely to be something legally wrong, given that there will be people who cannot obtain one no matter what they do, as they do not meet the required medical standards. 

Telling an 84 year old they cannot have an account without photo ID is no more illegal than telling a 48 year old they cannot have a State Pension. An application will be accepted when the criteria are met.

That’s not to say I agree with other forms of ID not being accepted, because I don’t. A driving licence is a lot cheaper than a passport, meaning those who don’t meet the medical standards are forced to pay more than everyone else, almost always through no fault of their own.

PixelPound

Altior said:

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

I was going to suggest that. After all no passport or driving licence won't be tolerated when voting unless you have a voter authority, though you can postal vote without. 

Flugelhorn

Wizard plan for dodgy 20 somethings - claim to be really old (like me) and get away with not having photo ID 

wmb194

Altior said:

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

It's no good: "Your Voter Authority Certificate cannot be used as proof of identification for other reasons, for example to prove your age." Like it or not, passports and photo driving licences are the UK's defacto ID cards.

Altior

wmb194 said:

Altior said:

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

It's no good: "Your Voter Authority Certificate cannot be used as proof of identification for other reasons, for example to prove your age." Like it or not, passports and photo driving licences are the UK's defacto ID cards.

That's quite a strange caveat, but for 212 there are other ways your age could be proven, if needed. With my logical head on, if it's good enough for voting proof then it should be good enough for obtaining an ISA, as they currently have the same minimum age. As your specific age is not relevant, 212 are just matching you physically to the image on the ID, ie that you are the person named on the application. 

wmb194

Altior said:

wmb194 said:

Altior said:

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

It's no good: "Your Voter Authority Certificate cannot be used as proof of identification for other reasons, for example to prove your age." Like it or not, passports and photo driving licences are the UK's defacto ID cards.

That's quite a strange caveat, but for 212 there are other ways your age could be proven, if needed. With my logical head on, if it's good enough for voting proof then it should be good enough for obtaining an ISA, as they currently have the same minimum age. As your specific age is not relevant, 212 are just matching you physically to the image on the ID, ie that you are the person named on the application. 

They're too easy to get and not meant to verify ID. They don't meet the KYC requirements.

"It should not be used for any other purpose. For example, when buying age-restricted products, or as identity proof to open a bank"

Altior

wmb194 said:

Altior said:

wmb194 said:

Altior said:

The UK does already have an ID option. It appears that 212 opt not to use it at this time.

Apply for photo ID to vote (called a ‘Voter Authority Certificate’) - GOV.UK

It's no good: "Your Voter Authority Certificate cannot be used as proof of identification for other reasons, for example to prove your age." Like it or not, passports and photo driving licences are the UK's defacto ID cards.

That's quite a strange caveat, but for 212 there are other ways your age could be proven, if needed. With my logical head on, if it's good enough for voting proof then it should be good enough for obtaining an ISA, as they currently have the same minimum age. As your specific age is not relevant, 212 are just matching you physically to the image on the ID, ie that you are the person named on the application. 

They're too easy to get and not meant to verify ID. They don't meet the KYC requirements.

"It should not be used for any other purpose. For example, when buying age-restricted products, or as identity proof to open a bank"

It won't impact me as I have the other forms of ID, but it is pretty curious that it's apparently deemed a lower bar to obtain voter ID than a bank account. 

I suppose the hole in it currently might be that people can get voter ID without an NI number, and what the government permits as an alternative. 

It should not be beyond the wit of man to align the system so that the 'Voter Authority Certificate' provides ID for any use case where ID needs to be proven. But will leave it there as at risk of drifting OT.