• Knowledge Stocks
  • What's MiFID nationality code and why do I need to provide it?

Hey bunqers 🌈

In accordance with the Markets in Financial Instruments Directive (MiFID), a European Union legislation that regulates the buying and selling of stocks, bunq is required to collect specific identification numbers from users who wish to start using bunq Stocks.

Why do I need to provide a MiFID nationality code?

This is a mandatory requirement under the MiFID legislation for all financial institutions operating within the European Union, and it is designed to increase transparency and provide robust investor protection.

How can I provide my MiFID nationality code?

When you're setting up stock trading in the bunq app, you'll be guided on the specific MiFID identification number required based on your nationality.

7 days later
bunq changed the title to What's MiFID nationality code and why do I need to provide it?.
    Write a Reply...