Your location is the biggest determinant of this. I'm in the UK and was asked to re-validate my ID recently. I had to provide my ID when I signed up about 4 ye

Your location is the biggest determinant of this. I'm in the UK and was asked to re-validate my ID recently. I had to provide my ID when I signed up about 4 years ago. This is part of the theatre of stopping small scale money laundering. Any laundering not using HSBC[1] is considered bad form. [1]https://www.fca.org.uk/news/press-releases/fca-fines-hsbc-bank-plc-deficient-transaction-monitoring-controls https://www.fca.org.uk/news/press-releases/fca-fines-hsbc-ba...