Onboarding Friction for EU-based Prop Firm Payouts
asked by u/suzuki_lei · 2d · 1 answers
Anyone else hitting significant friction lately with payout processing from EU-based prop firms, particularly regarding KYB requirements for what are essentially independent contractor payouts? It feels like the regulatory drag has intensified beyond the typical 'provide utility bill' routine, moving into demands for corporate structuring documents even for sole traders. Curious if others have found workarounds or specific PSPs that manage this more efficiently without triggering an AML deep dive every few withdrawals. The spread on some of these services is starting to negate the edge.