Na, you can do it all online for many Banks with some of the id check methods. It's just legally preferable for Banks to have a physical signed contract as ther

Na, you can do it all online for many Banks with some of the id check methods. It's just legally preferable for Banks to have a physical signed contract as there are a lot of responsibility on both parties sides so many Banks require you to sign and send them a contract. So it's not because they technically/legaly can't, it's just because they prefer not to for legal liability reasons.