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.
