Shudder every time you hear the word?
Picture yourself drowning in reams of paper and queues?
Hover over the “mark as read” tab at the mere sight of it in a subject line?
Hey - we get it. Life’s got enough admin, why add to that list? But there’s a good reason to FICA and the benefits massively outweigh the meh factor. Getting FICA’d means you can start buying the shares you know and love and what’s more, we’ve made the process smooth and stress free.
Why do we need to FICA?
FICA stands for Financial Intelligence Centre Act 38 of 2001, and although it gets a bad wrap it’s actually meant for fighting the forces of evil like money laundering and the financial support of terrorism. Yep, FICA is the good guy in this equation. As a Financial Services Provider, we’ve got to do our bit too, which is why we need to check that you are who you say you are.
What do I need to get FICA’d?
You’ll need a copy of your ID, which can be your green identity book, passport or drivers licence; and a proof of address not older than three months. There are a couple of different options for this and you can read up on them here. We know there are sometimes circumstances where a proof of address becomes a niggly and confusing affair, which is why our rockstar client engagement team is at the ready to help you with any queries you have! You can email them on firstname.lastname@example.org if you need any assistance.
How do I submit my docs?
The best way to send your FICA documents to us is via our automatic upload facility on the website (fancy hey?). You need to be logged in to your account to use this facility and the FICA process has a 48 hour turn-around time.
If you’ve already uploaded / sent your FICA stuff, make sure you keep an eye on the mailbox you registered with and look out for an email from us. There might be additional docs we need from you that you missed in your application.
See how simple it actually is? Just do it FFS! (For FICA Sake).