A piece of identification, a rent receipt or an electricity bill and a handwritten signature: here is the minimum baggage of documents needed to open an online bank account in France.
With this legal minimum, the procedure takes "at least 24 hours," writes the Echoes, citing a French banker. The situation is all the more deplorable as, for example, in the United Kingdom and Germany, customers can do it with a simple selfie or a video and a piece of identification.
Aware of the problem, the direction of the Treasury wants to implement next year digital devices like the selfie, saying that "today, it is no longer risky to enter into business relationship at a distance."
This is, says the media, a relaxation of the existing system in the context of the transposition of the Fifth Directive on the fight against money laundering, which will be completed on January 10, 2020.
"We must facilitate the entry into relationship while maintaining high standards of the fight against money laundering," said Echoes Olivier Fliche, Director of Innovation at the Prudential Supervisory Authority and resolution.
For the moment, a working group bringing together banks and suppliers of remote recognition technologies, as well as the Autorite des Marches Financiers and the National Agency for the Security of Information Systems (ANSSI), has already made its conclusions. Among which the proposal to remove the requirement of a proof of address for the opening of an account.
The working group proposes to adopt the experience of neighboring countries. If the German banks film live for a few tens of seconds their client to ensure that it is he who presents his identity card, their British colleagues implement a dynamic selfie system that requires only the presence of the future account holder and his identity card. As ANSSI certifies the technology and its provider, the working group recommends allowing banks to offer their customers one of these means.