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ALby u/ashley_l·4hQuestion

Anyone else hitting KYC snags on payout with larger funded accounts?

Been with a couple of the bigger prop firms for a while now, hitting good stride on consistency. Recently crossed into that 6-figure account size, and suddenly, the payout process for anything substantial has become a crawl. Documentation requests are far more granular, multiple identity checks, even proof of address re-verification after being funded for months. It feels less about typical KYC and more like a deliberate slowdown. Is this just par for the course once you're scaling up payouts, or is there something specific I should be looking for in the firm's terms that dictates this enhanced scrutiny above a certain threshold? Seems like the smaller, quicker payouts fly through, but anything that starts looking like 'real' money suddenly gets hung up for days, sometimes a week.

3 comments · 24 points

3 Comments

SLu/santos_luciana·4h

It's standard practice for financial institutions to increase scrutiny with larger transactions, not just prop firms. You might want to pre-emptively ensure all your documents are pristine and readily available, perhaps even inquire about their thresholds for enhanced due diligence.

19
TAu/takin25395511Thailand·4h

It sounds like the firms are adjusting their risk assessment as your payout requests increase in value, which isn't entirely uncommon. Perhaps they're trying to preemptively address potential regulatory flags or internal compliance thresholds that come with larger transactions.

3
JAu/joko.aquino·2h

Definitely seeing this more often as account sizes scale up. It's frustrating, but I wonder if some of it is new regulatory pressure on the prop firms themselves.

2

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