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Opening Questrade TFSA account - no need for photo ID?

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  • May 8th, 2022 7:32 pm
[OP]
Deal Addict
Apr 18, 2013
3567 posts
1684 upvotes
Canada

Opening Questrade TFSA account - no need for photo ID?

I just helped my friend open her Questrade TFSA account. All went well except we were expecting her to need to upload her photo ID but there was no requirement to do so. We completed every section and got a green check mark for each section but no need to upload her photo ID. Is this normal? Anyone ever heard of this before?
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Jul 25, 2015
1255 posts
884 upvotes
Burnaby, BC
gbill2004 wrote: I just helped my friend open her Questrade TFSA account. All went well except we were expecting her to need to upload her photo ID but there was no requirement to do so. We completed every section and got a green check mark for each section but no need to upload her photo ID. Is this normal? Anyone ever heard of this before?
Most likely quest trade had info on her already, and when her sin and dob matched there was no reason to ask for photo ID. If you're concerned on ID theft, give them a call to confirm.

If someone else wanted to open an account on someone's name they would have already a fake ID to upload so it's not as safe as we may think.

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