To complete your trading account setup and ensure smooth financial transactions, users are required to complete the Proof of Bank (POB) verification alongside identity verification (POI) and address verification (POA). This process ensures the highest level of security for both deposits and withdrawals.
IUX supports a wide range of banks and payment channels. Whether you are connecting a bank account for the first time or updating to a new payment method, you can easily manage this via the website.
Steps to Complete Bank Verification via the Website
Once your identity verification (KYC) is approved and you can access your client dashboard, you can manage your bank account as follows:
1. Adding Your Bank Account (For First-Time Verification)
Log in to your account on the IUX website.
Click on your profile icon in the top right corner and select Settings.
Go to the Payment Methods menu and click Add Payment Method.
Select your bank from the list of supported options.
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Enter your Bank Account Number and Account Holder Name
(Note: The bank account name must match the name registered with IUX).
Upload a clear bank document (such as the first page of your passbook) and click Confirm.
2. Changing Your Payment Channel (Change Payment Method)
If you already have a verified bank account and would like to update or switch to a new bank or payment method:
Log in to your account on the IUX website.
Click on your profile icon in the top right corner and select Settings.
Go to the Payment Methods menu and click Change Payment Method.
Choose the new bank or payment method from the list of supported options.
Enter your Bank Account Number and Account Holder Name.
Upload the new bank document for verification and click Confirm.
Important Requirements for POB Documents
- Accepted Documents: Bank passbook (account information page), Bank statement
Required Information: The document must clearly display (Full name, Bank account number)
- Information Accuracy: All information on the submitted document must match the details used during IUX account verification and IUX KYC registration exactly.
After submission, the system will review your documents within approximately 3–15 minutes under the IUX deposit verification process. Once approved, you will be able to deposit funds and begin trading immediately.
If you have any questions or encounter any issues during IUX bank verification, please contact our support team at support@iux.com or submit a ticket, which is available 24/7. To learn how to submit a Ticket, please refer to the following article: How to Submit a Ticket on IUX and Track Its Status.