Yes, Skrill does require a Social Security Number (SSN) as part of its account verification process, particularly for users in the United States. This requirement is in place to comply with U.S. tax laws and Internal Revenue Service (IRS) regulations.
Why Skrill Requests Your SSN
For users in the U.S., Skrill is mandated to collect certain tax-related information. This is crucial for them to adhere to their legal obligations and to continue providing their services effectively.
The primary reasons Skrill asks for your SSN include:
- U.S. Tax Law Compliance: To ensure adherence to current U.S. tax laws, Skrill must confirm and keep users' tax details updated.
- IRS Requirements: Meeting specific requirements set by the IRS is a critical aspect of their regulatory compliance.
- Account Verification: The SSN is an essential piece of personal data required during the account verification process, helping to confirm identity and ensure the legitimacy of accounts.
- Service Provision: By verifying this information, Skrill can fully provide its range of services to users in accordance with legal stipulations.
Therefore, as a user, you can expect to be asked to confirm personal data, including your Social Security Number, as a mandatory step in their verification procedures. This helps Skrill fulfill its obligations and maintain a secure and compliant platform.
