micco verifies your identity the first time you connect to a device (e.g. your smartphone). Once verification is complete, your identity is associated with that smartphone.

Until your identity has been verified, we will not be able to assign a unique IBAN to your account and will limit transactions to a maximum of 150 euros per rolling 30-day period.

We may also ask you to verify your identity again if several years have passed since your first verification.