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StudenTask Payments: Are there any limits on payouts?

2015-09-05 Vicigo

Yes. 

There are some limits on payouts on StudenTask.de.

We have a legal obligation to fight fraud, money laundering and financing of terrorism. There are 3 levels of authentication (light/regular/strong) in order to go over certain limits. This is the basic information you are required to provice in order to process payments (Cash-in / Cash-out). We cannot allow any transactions from a user who has not provided the following information:

Light Authentication


Transactions worth less than €2,500 for cash-in and/or €1,000 for cash-out cumulated per legal year and per user (transfers are also counted in this equation).

  • Email
  • FirstName
  • LastName
  • Country of Residence
  • Birthday
  • Nationality

Regular Authentication


This is the information you are required to provide in order to go over the Cash-in (€2,500) and/or Cash-out (€1,000) limits:

  • Address
  • Proof Of Identity : ID Card or Passport (Front AND Back)
  • Occupation (For credit and debit transactions worth more than €15,000)
  • Income Range (For credit and debit transactions worth more than €15,000)

Strong Authentication


This is the information required for users suspected of fraud, money laundering, terrorism, politically exposed people:

  • Confirmation of residence (Proof Of Address)


StudenTask.de is a marketplace for outsourcing small tasks like shopping/delivery, research, computer help or personal assistance to students in your neighbourhood. We save you trouble and give you time to focus on what’s most important.


Short SirBz link: http://sir.bz/nrw6S

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