{"id":10992,"date":"2016-04-06T07:33:36","date_gmt":"2016-04-06T07:33:36","guid":{"rendered":"https:\/\/multicredit.ch\/wp\/intermediaires-financiers-identification-en-ligne-autorisee\/"},"modified":"2020-04-06T13:14:40","modified_gmt":"2020-04-06T13:14:40","slug":"intermediaires-financiers-identification-en-ligne-autorisee","status":"publish","type":"post","link":"https:\/\/multicredit.ch\/en\/intermediaires-financiers-identification-en-ligne-autorisee\/","title":{"rendered":"Financial intermediaries\u00a0: online identification"},"content":{"rendered":"

<\/span>Which regulation allows the financial intermediaries to online identification?<\/span><\/h2>\n

It’s the regulation 2016\/7\u00abIdentification par vid\u00e9o et en ligne\u00bb \/ \u00abVideo- und Online- Identifizierung\u00a0\u00bb that authorizes the financial intermediaries to set commercial relations with customers by video transmission.<\/p>\n

It allows online business relationships<\/b>. Then a financial intermediary can initiate a commercial relation with a client just by video. This means that FINMA assigns the same value to an online identification than a physical meeting of contractual partners.<\/p>\n

<\/span>Why does FINMA allow the online identification?<\/span><\/h2>\n

To keep up with technological advances, FINMA decided to permit the online identification. Indeed, the financial intermediaries communicate with customers via internet.<\/p>\n

This regulation facilitates the establishment of business relationships between financial intermediaries and their customers<\/b>.<\/p>\n

<\/span>How does it work?<\/span><\/h2>\n

We can take the example of UBS, the first bank that allows the opening of bank account with online identification. The customer just needs to download a smartphone application<\/b>.<\/p>\n

With the smartphone application it’s possible to open a bank account from Monday to Friday from 8\u00a0:00 AM to 10\u00a0:00 PM and on Satuardy from 9\u00a0:00 AM to 5\u00a0:00 PM. The customer chooses a banking product and gives its personal data. The identification achieves by a video interview between the client and a UBS customer service representative. If the interview is successful, the client receives the contractual documents by encrypted e-mail. He must print, sign and return the documents by regular mail.<\/p>\n

Other banks are preparing to offer this service<\/b>. Some have the ambition to offer a completely digital solution that doesn’t require customers to send a signature by regular mail.<\/p>\n

<\/span>What are the benefits of this system?<\/span><\/h2>\n

For the financial intermediaries, it’s a solution that meets the needs of clients. Indeed, the request for digitally services are becoming more important.<\/p>\n

For the clients, this system facilitates the opening of a bank account<\/b>. They benefit of an extension of opening hours and of high securities procedures.<\/p>\n

Article written from the team of Multicr\u00e9dit<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Since 18 March 2016 FINMA allows to establish a business relationship between financial intermediaries and customers by video transmission. Explanations.<\/p>\n","protected":false},"author":4,"featured_media":10978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[263],"tags":[],"class_list":["post-10992","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"_links":{"self":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/10992","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/comments?post=10992"}],"version-history":[{"count":1,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/10992\/revisions"}],"predecessor-version":[{"id":10997,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/posts\/10992\/revisions\/10997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media\/10978"}],"wp:attachment":[{"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/media?parent=10992"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/categories?post=10992"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/multicredit.ch\/en\/wp-json\/wp\/v2\/tags?post=10992"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}