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What kinds of documents do I generally need to provide in order to make my initial withdrawal from SBI FXTRADE?

Broker Issues
SBI FXTRADE
Withdrawal
Deposit
01-22
United States
WikiFX
Reply

From my experience navigating the account process with SBI FXTRADE, the requirements for making an initial withdrawal are in line with standard procedures for regulated Japanese brokers. To complete the withdrawal, I needed to ensure that my personal identification was properly verified during account opening. This meant providing an official photo ID, proof of address, and, crucially for residents in Japan, a “MyNumber” identification document. The account setup itself was only approved after these documents were submitted and verified. For my first withdrawal, I double-checked that the identification details matched what I had submitted during account opening, as discrepancies can cause delays. In my case, I was not asked to resubmit my documents at withdrawal time because my identity had already been confirmed. However, I’ve learned that brokers like SBI FXTRADE, which operate under Financial Services Agency of Japan regulations, reserve the right to request re-verification if anything about the withdrawal request raises compliance flags. They might also require confirmation that my bank account for receiving funds matches my registered identity. Based on industry norms and the SBI FXTRADE process, I suggest that anyone intending to make a withdrawal should be ready to provide, at minimum: your valid government-issued ID, proof of current address, and your MyNumber. Ensuring all submitted information is consistent and up-to-date is essential. This approach minimizes issues, upholds compliance, and supports secure handling of your funds, which I consider non-negotiable for any serious trader.

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