Account Application Process Too Complex And Too Old Fashioned

<div>A simply awful experience trying to open a share dealing account with PSG. I chose them as I prefer to buy stocks and shares from offs**** companies and they offer the service (offer turned out to be a strong term). After having to supply loads of certified copies of my ID information by email, they then sent me four massive forms to fill out along with a request for all the information I'd previously provided again. The final straw was that I had to provide a personal Bio detailing how I acquired my wealth and how much money I have and where I work etc. I want a stock trading account, not a job PSG! How much and where I got my money is between me, my wife and SARS. I understand there are FICA and KYC requirements to meet but to still have a fully manual paper based process in 2020 is ridiculous, companies like EasyEquities &amp; FNB have figured this stuff out to make it easier for the customer, these dinosaur finance companies in SA who still think they are doing you a favour for selling you their services (and charging you massive fees to use them) need to seriously wake up or they'll be long gone with the amount of new fresh-thinking fin-tech companies popping up here. Come on PSG, be better than this and get an online registration enabled app.&nbsp;</div>