An online brokerage space called Robinhood offers commission-free investing in a number of US-listed trading categories. Sometimes this app requests your bank account information as a step of the Robinhood verification procedure. By doing so, the company can make sure that you are the real owner of the bank account you indicated.
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Upload documents through the secure file portal
If your Robinhood is asking for a bank statement, check out the guide on how to submit files using the safe configuration portal:
If Robinhood wants you to upload the files, they send you a link to the secure file portal via email. This will allow them to start the Robinhood ID verification procedure. All you have to do to get there is click on the URL.
Enter your Case ID. This information can be found in the service team's email they previously sent you.
Enter your email address.
Select your document and move it to the tab to add it.
Select "Submit".
Inform Robinhood that you have uploaded your file by replying to the email.
Submit documents through the app
To make sure they have all the details they need for your profile, Robinhood specialists may request to send them some files. This email will include information on the records they require, why they need them, as well as how to upload these documents.
For advice on how to smoothly attach your files and confirm your login, refer to this manual:
If you are completing this step through the mobile app, you will see an icon on your mobile telling you to snap a picture of your document.
On the widget in the financing section, press Take Photo Now.
Determine the kind of file (if applicable).
Take a picture of your document by sticking to the provided guide.
Transmit a PDF statement
How to use the tool to share a PDF Robinhood statement:
If you are completing this step through the mobile app, you will see an icon on your mobile telling you to snap a picture of your document.
Save the latest PDF document into the files on your computer by downloading it from the online service of your financial institution.
Click Upload PDF Statement on the widget to access the data on your computer or mobile device.
Choose the document in PDF format from your archives.
To share your PDF file, stay true to the guidelines displayed on the tab.
If the Robinbood team members are unable to view your file, they will send you an email with additional admission advice.
Conclusion
The reason why Robinhood is asking for a bank statement is that it can help you easily confirm that you are the intended recipient of your bank account. You will be given a choice to add your profile using your configuration and bank details if you select that your bank is not on the list.