Stripe Connect verification tightening for UK trades (Nov 2025)
FCA guidance is forcing Stripe to re-check owners and bank accounts. Here's what Toolfy users need to clear before payouts pause.
Not financial advice
Pricing guidance here is educational. Model rate changes against your own books, suppliers, and market before implementing them.
Stripe Connect verification tightening for UK trades (Nov 2025)
Stripe just notified UK Connect platforms that new FCA AML guidance kicks in this month. Practically, it means more “Action required” tasks inside Stripe Express. Ignore them and your payouts pause.
What changed?
- Beneficial owner re-checks – Anyone with 25%+ ownership must re-upload ID.
- Bank account proof – Stripe now requests a statement or void cheque for older accounts.
- Address confirmation – Utility bill or business rates letter dated within 3 months.
How to clear tasks inside Toolfy
- Open Toolfy → Settings → Payments.
- If you see a yellow
Action requiredbanner, click Review in Stripe. - Stripe Express opens with the exact documents needed. Upload directly there.
- Return to Toolfy and hit Refresh status so the banner disappears.
Timeline if you do nothing
| Day | What happens | | --- | --- | | 0 | Stripe flags the account, payouts continue temporarily | | 7 | First payout holds until documents are supplied | | 30 | Account may be restricted from creating new charges |
Documents to gather now
- Director/owner passports or UK driving licences (front + back)
- Recent bank statement showing account name + number
- Proof of business trading address (rates bill, lease, HMRC letter)
How Toolfy can help
- Finance Slack alerts light up when Stripe status changes
- Settings → Payments shows the same balance/payout info as Stripe Express
- Our support team can replay webhooks if Stripe says “paid” but Toolfy hasn’t caught up after a verification hold
Need a hand?
Forward the Stripe notice to support@toolfy.io and include your payout ID. We’ll confirm exactly which documents Stripe is waiting on and nudge you before funds are frozen.
⚠️ Important Disclaimer
This guide is for general informational and educational purposes only. It does not constitute professional advice of any kind (legal, financial, tax, insurance, or otherwise).
Before making business decisions: Consult with qualified professionals (solicitors, accountants, insurance brokers, etc.) who can assess your specific circumstances. Laws, regulations, and industry standards change frequently and vary by location and situation.
Toolfy and the article authors accept no liability for decisions made or actions taken based on information provided in this guide. You are solely responsible for ensuring compliance with all applicable laws and regulations.
Frequently Asked Questions
What documents does Stripe need for UK verification?
What happens if I ignore Stripe verification requests?
How do I clear Stripe verification tasks?
Need this workflow in Toolfy?
Spin up the exact checklist, scripts, and automations from this article inside your workspace.
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