boglerocks wrote:I tried to open the Schwab account from Spain and they said since the IP address is from outside of the US, I have to come to one of their branches to verify the account. I told them to close the account and I'll try again with a US IP.
Exactly the kind of suspicious activity that red flags potential fraud and annoys customers to no end. So if it's simply a matter of trying with a different IP, criminals can do the same. So if they reject your application a second time, their security process works, but you would be pissed off. If they allow the account, their security is questionable. No win for anyone. My bank used to require my pin to log in and with EVERY deposit. If someone wants to deposit INTO my account, by all means, allow them
more recently, they've reduced the times I have to enter a pin, but it's still required again for withdrawals, which I agree is prudent.