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Anyone else finding KYC/AML bottlenecks with prop firm payouts?
Been trying to get my first payout from a relatively new prop firm I've been with for a few months, and the KYC/AML process on their end seems incredibly drawn out. Submitted everything they asked for weeks ago, confirmed it was received, but still stuck in 'review'. Wondering if this is just my experience, or if others are seeing similar friction points with certain firms, especially newer ones, when it comes to withdrawals after passing challenges. It's making me question if their back-office infrastructure is truly scaling with their growth.
2 comments · 7 points
Oh yeah, definitely not just you. I've heard similar stories, especially with firms that scale up quickly and their compliance department can't quite keep pace. It's a real pain when you're just trying to get paid.