Online Account Creation for Post-Graduates: A Step-by-Step Guide
In the digital age, verifying one's identity online has become a crucial part of many transactions, from opening a savings account to renting a car. Two methods that are gaining popularity in Germany are the PostIdent procedure and the Videoident procedure. Let's delve into these processes and understand how they work.
The PostIdent procedure is a traditional method that involves visiting a post office. Here, you print and sign an application form and a PostIdent coupon, which are then sent to the bank along with your ID card. This method, developed specifically for verifying driver's licenses, is also used for personal detail verification before opening a savings account, time deposit account, or checking account, as required by the Anti-Money Laundering Act.
However, the PostIdent procedure is not limited to offline verification. It can also be completed via video chat (Videoident procedure), online with ID card and the eID function, or even via photo, as we'll see next.
The Videoident procedure, on the other hand, allows you to verify your identity from the comfort of your home. To begin, you receive a link to open or are directed to an employee of a Videoident service provider from the online bank's portal. The identification process involves photographing your ID card and driver's license and recording a short video of your face using a webcam. These files are then sent to Deutsche Post for online identification.
During the Videoident procedure, the user holds the front or back of their ID document in front of the camera for examination, and photos are taken. The conversation during the Videoident procedure is recorded acoustically. The verification process takes only a few minutes, with additional 1-2 days for document delivery via post.
The Videoident procedure ends with the user receiving a transaction number via email or SMS. After successful online validation, the user can use the service of their contractual partner. It's important to note that not all post offices can perform the PostIdent procedure, so it's advisable to check before visiting.
For those who prefer a mobile-based solution, the PostIdent procedure via photo on a mobile device is a convenient option. The step-by-step process involves downloading the POSTIDENT app, opening the app and selecting the photo identification procedure, photographing your identity document and taking a selfie for facial verification, submitting the photos for verification, and finally, receiving confirmation upon successful verification.
In conclusion, both the PostIdent and Videoident procedures offer secure and efficient ways to verify one's identity online, ensuring compliance with the Anti-Money Laundering Act. Whether you prefer visiting a post office, using a video chat, or a mobile app, these methods provide a user-friendly experience for identity verification in the digital age.
- The PostIdent procedure, available in both offline and online versions, is a crucial part of personal-finance transactions, allowing individuals to verify their identity in a manner that adheres to the Anti-Money Laundering Act before opening accounts such as savings accounts or checking accounts.
- In the realm of personal-finance technology, the Videoident procedure provides an efficient and secure method of remote identity verification, by enabling users to validate their identity via video chat or mobile app, using their ID card and selfies for facial verification, thereby ensuring compliance with anti-money laundering regulations.
