Identity verification is a legal requirement for financial services platforms in Australia. It protects both buyers and sellers by ensuring everyone on the platform is who they say they are, and helps prevent fraud, money laundering and other financial crimes.
Deposit Guardian complies with Australian Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
To complete identity verification you will need one of the following:
- Australian Driver's Licence
- Australian Passport
- Medicare Card (as a secondary document)
For business accounts you will also need your ABN and may be required to provide additional business documentation.
Your identity information is used solely for the purpose of verifying your identity as required by Australian law. It is not used for marketing, not shared with third parties for commercial purposes, and is stored securely in accordance with our Privacy Policy.
Deposit Guardian does not, and will never, sell your personal information to third parties, data brokers or advertising networks.
If you have difficulty completing identity verification, contact us at support@depositguardian.com and our team will assist you through the process.