Why do banks still demand fax?

[esafukobaj788 January 25, 2026 at 11:33 am Post count: 0]

#90684 Reply |

Every time I deal with banks or financial institutions, they ask for fax. Why won’t they accept email?

[buzexubi24 January 25, 2026 at 11:38 am Post count: 0]

#90685 Reply |

I asked the same question during a loan application. After digging into articles on https://worldstartupfactory.com/ , it made sense. Banks rely on fax because it provides clear delivery records and fits old but strict compliance rules. From my experience, fax requests get processed faster than emails. It may feel outdated, but for banks, fax equals reliability and lower legal risk.

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