Loan without videoident – no problem – nevertheless fast & safe

10 Apr

The credit without videoident is a credit that does not need a videoident, but still the postident procedure has to be done. The customer does not have to go by post with the videoident, the loan application is processed completely online.

For most providers in the online area, the Postident procedure still has to be carried out.

Credit without videoident – what is it?

Credit without videoident - what is it?

Credit without videoident – reliable and fast requested

Every online loan is subject to identity verification. Normally, credit seekers must follow the Postident procedure at the post office. This is prescribed by the legislator, so that no identity abuse happens. To save their customers the postal service, some vendors have introduced the videoident.

This simplifies the completion of an online loan and makes loan applications completely online. In order to be able to use the videoident as well, the applicant must have a webcam.

In a so-called webcam phone call, he then shows his ID card and must read the ID number and call the transmitted transaction number (TAN). The review takes just minutes to complete the credit without videoident.

The loan without videoident – what is required?

The loan without videoident - what is required?

In order for the videoident to be able to be executed, valid identification documents such as identity card or passport must be available. It is a stable Internet connection with an Internet-enabled webcam necessary.

For this purpose, the smartphone, tablet, PC or laptop can be used. A current internet browser or a program like Skype is required. A cell phone so that the TAN number can be sent to complete the procedure. The advantage of online identification is that the identity check is done quickly.

The customer does not need to visit a post office and can make the procedure regardless of the opening hours of the post office. In many cases, the applicant is spared the way to the post office, even documents can be submitted online, even the signing of contracts can be done electronically.

To prevent abuse, the data is completely encrypted.

The credit without videoident – the postident

The credit without videoident - the postident

Not all providers have the Videoident already in the program. Therefore, customers who apply for an online loan must still make the Postident procedure at the post office.

If a matching provider is found with a credit comparison, the bank checks the loan request and submits a preliminary loan commitment. For security reasons, the provider is obliged to verify the identity of the customer.

Whether it’s an on-site credit at the house bank or a loan online, the lender is required to verify the customer’s identity. For this to happen, the customer must make the Postident procedure at the post office. Not all providers have the already mentioned videoident.

Customers can not personally identify themselves to the online loan. Therefore, the Postident procedure is a safe option.

Credit without videoident – identification at the post office

Credit without videoident - identification at the post office

Not only banks use the Postident procedure. Even with the signature law, the legitimacy is made by mail.

This happens when a mobile operator demands a contract for identification and legitimacy by mail when concluding an online transaction. There are several ways to make an identification via the post.

This can be done by having a Swiss Post employee pick up the data on the person at home and thereby legitimize himself. Another possibility is the transmission of the ID card data via a card reader. However, this method is only possible with the new ID cards with activated eID function. Of course, the legitimacy of the Videoident is possible, if the provider offers it too.

However, the most common method is still legitimation in a post office.

Credit without videoident – process at the postident

Credit without videoident - process at the postident

The procedure of this procedure is simple. The customer receives the documents from the lender to apply for an online loan, either by e-mail for printing or by post. The coupon has data like the custom reference number, which is relevant for in-company assignment. Now the customer has to go to the nearest post office near him.

However, this branch must have an electronic post office counter. A simple parcel shop is not enough. In the store, the customer now presents his ID and the coupon. An employee of Swiss Post will then transfer the identity card data to the coupon. Then the customer and the employee signs the coupon and thus confirms the identity of the customer. Then the coupon will be attached to the contract documents and sent to the lender.

Credit without videoident – further action

Credit without videoident - further action

The loan documents are sent by post and are available to the lender within the next working days. Since the Postident procedure takes only a few minutes, no appointment has to be made. Only customers have to follow the opening hours of the post office. There are no costs for the procedure.

This carries the bank or the service provider. It is recommended in advance to check which documents are to be submitted in the legitimation by Postident. This information can be taken from customers by the letter that they receive from the provider. It should also be ensured that the identity card is valid.

Because an identification can only be done with a valid identity card. The following documents must be presented to Swiss Post: a valid identity card. The driver’s license is not recognized. The postident coupon attached to the document. The contract documents will be signed and sent to the post office in a sealed envelope.

Credit without videoident – Benefits of the Postident procedure

Credit without videoident - Benefits of the Postident procedure

Since the customer appears personally in the post office with his valid ID, it is a secure method of identification. To ensure security, the applicant must appear personally at the post office. Who appears with a power of attorney of the applicant, can not be accepted. The identification must always be made by the person concerned.

With the Postident, the Swiss Post carries out a simple and secure identity check in representation for the lending bank. Postident protects the applicant as well as the bank against data misuse. Thus, a loan without Videoident as well as a credit with Postident can be completed.