Hi all all forex experienced traders. I need your help and opinions about my story.
I opened account with Berat limited at BERAT-FX.COM last year on December. When I requested a withdraw on Feb 23, 2022. It failed. They did not let me with draw my money. They said I need to be verified by FATF (The Financial Action Task Force ) for money laundering. I have to wait for FATF pass my verification first then I am allowed to withdraw. So my question is FATF (The Financial Action Task Force) agency verification is true for withdraw fund from broker? If it is true and must go throught FATF, then how long does it take for FATF's verification?
Here is an email i got from Berat Limited broker after they failed me and did not let me to withdraw my fund:
"The withdrawal information you submitted was not successful due to the following reasons, please verify.
Reason:Hello. Since it is your first time to withdraw large sums of money. under international anti-money laundering laws. You will need to do an ID check. Now you need to submit a photo of the front and back of your ID card and a selfie holding your ID card. And your SSN number, home address, workplace. Large-amount withdrawals can only be made after completing the anti-money laundering review. thanks"
I submitted all required documents for them. They collected all my information and submitted to FATF on Feb 28,2022 and until now today March 24, 2022. They still wrote to me that my FATF verification has not passed until now. It already passed 19 days ago waiting for FATF verification since submitting on Feb 28, 2022. They did not let me withdraw even with small amount with reason my FATF's verification has not passed yet. They need to wait my FATF verification answer from FATF agency before i can withdraw fund.
Is it a scam broker?
Thank you very much for you all helping. I do not what should I deal with this Berat Limited (berat-fx.com) now. Please give me your advice. I really appreciate all. Please help me!
I opened account with Berat limited at BERAT-FX.COM last year on December. When I requested a withdraw on Feb 23, 2022. It failed. They did not let me with draw my money. They said I need to be verified by FATF (The Financial Action Task Force ) for money laundering. I have to wait for FATF pass my verification first then I am allowed to withdraw. So my question is FATF (The Financial Action Task Force) agency verification is true for withdraw fund from broker? If it is true and must go throught FATF, then how long does it take for FATF's verification?
Here is an email i got from Berat Limited broker after they failed me and did not let me to withdraw my fund:
"The withdrawal information you submitted was not successful due to the following reasons, please verify.
Reason:Hello. Since it is your first time to withdraw large sums of money. under international anti-money laundering laws. You will need to do an ID check. Now you need to submit a photo of the front and back of your ID card and a selfie holding your ID card. And your SSN number, home address, workplace. Large-amount withdrawals can only be made after completing the anti-money laundering review. thanks"
I submitted all required documents for them. They collected all my information and submitted to FATF on Feb 28,2022 and until now today March 24, 2022. They still wrote to me that my FATF verification has not passed until now. It already passed 19 days ago waiting for FATF verification since submitting on Feb 28, 2022. They did not let me withdraw even with small amount with reason my FATF's verification has not passed yet. They need to wait my FATF verification answer from FATF agency before i can withdraw fund.
Is it a scam broker?
Thank you very much for you all helping. I do not what should I deal with this Berat Limited (berat-fx.com) now. Please give me your advice. I really appreciate all. Please help me!