Why You May Be Asked for 100 Points of ID
If you’re selling shares or completing certain financial transactions in Australia, you may be asked to provide 100 points of identification (ID). This is a standard requirement under Australian financial services law and is designed to prevent identity fraud while ensuring all transactions meet strict compliance obligations.
At Unbroker, we may ask you for 100 points of ID if you’re unable to complete our secure digital identity verification form. While it might feel like extra paperwork, this process is a legal safeguard — protecting you, us, and the integrity of your share sale.
Why the 100 Points of ID System Exists
The 100 points of ID check is part of Australia’s broader compliance framework, often linked to AML/CTF (Anti-Money Laundering and Counter-Terrorism Financing) obligations. Financial service providers are required to properly identify customers before allowing transactions to proceed.
For share sales, this means:
- Preventing fraudulent instructions
- Confirming the rightful owner of the shares
- Ensuring payments are made only to verified shareholders (or authorised estate/company accounts)
Without this check, your sale cannot legally go ahead.
What Does “100 Points of ID” Actually Mean?
The 100 points system assigns a numerical value to different types of ID documents. To pass the check, you must supply documents that add up to at least 100 points.
Crucially, at least one of your documents must be a primary document — such as an Australian passport or birth certificate. Secondary documents can then be added to reach the total.
Document Guidelines
All documents submitted must:
- Be scanned or photographed clearly and in full (front and back, if applicable)
- Be certified by an approved certifier (see below)
- Be certified within the last 30 days
- Show a clear, legible certification statement with the certifier’s details
Accepted Documents
Primary Documents
(You must include at least one)
| Document | Points |
| Australian Passport | 70 |
| Full Australian Birth Certificate (not an extract) | 70 |
| Australian Driver Licence | 60 |
| Proof of Age Card | 40 |
| Government Employee ID | 40 |
Secondary Documents
| Document | Points |
| Australian Citizenship Certificate | 40 |
| Australian Visa (with passport) | 40 |
| Change of Name Certificate | 40 |
| Medicare Card | 40 |
| Marriage Certificate | 25 |
| Bank Statement (with your name and address) | 25 |
| Property Lease Agreement (current address) | 25 |
| Utility Bill (electricity, gas, phone — current) | 20 |
| Taxation Assessment Notice | 20 |
Example Combinations
- Driver Licence (60) + Medicare Card (40) = 100 points
- Passport (70) + Utility Bill (20) + Bank Statement (25) = 115 points
- Birth Certificate (70) + Marriage Certificate (25) + Tax Notice (20) = 115 points
You only need 100 points total — providing more is fine but not necessary.
Who Can Certify My Documents?
Certification must be completed by a qualified professional such as:
- Justice of the Peace (JP)
- Solicitor or legal practitioner
- Police officer
- Chartered Accountant (CPA, CA, IPA, NTAA)
- Other recognised professionals (ask us if unsure)
Each certified document must include:
- A statement that the original document was sighted
- The certifier’s full name, occupation, and signature
- The date of certification (must be within the last 30 days)
- Registration number (if applicable)
How to Submit Your ID
Once certified, you can:
- Scan or photograph your documents (clearly and in full)
- Upload them through our secure online form, or
- Email them to our team if requested
Our team will confirm once your identity has been verified and your sale is ready to proceed.
Need Help?
If you’re unsure which documents to use or how to have them certified, our team is here to help. Just reach out before submitting your application — we’ll make sure everything’s in order so your sale isn’t delayed.
Frequently Asked Questions
Yes — if you're acting under a valid Power of Attorney, you can sell issuer-sponsored shares through Unbroker by providing the required documents and ID.
Yes — if you’re acting as an executor or legal representative for an Estate, you can sell issuer-sponsored shares from through Unbroker by providing the required estate documents and ID. For more information on selling shares belonging to an estate click here.
That’s fine — both shareholders can authorise the funds to be paid into one person's account using a signed authority form provided by Unbroker.
Yes — if the shares are registered in the company’s name, they can be sold through Unbroker with the proper documentation and ASIC verification.
Yes — if the shares are registered in the name of your trust or SMSF, you can sell them through Unbroker by providing the deed, trustee ID, and other required documents.
Yes — as an overseas resident, you can sell issuer-sponsored shares through Unbroker by posting original certified ID and a signed authority form.
Yes — as a parent or legal guardian, you can authorise the sale of shares held by a minor by providing certified ID and signing an authority form.
Yes — as long as you can provide certified evidence of the name change (e.g. marriage certificate or name change certificate), Unbroker can help process your share sale.
You’ll also need 100 points of ID in your current legal name, along with your SRN.
Yes — you don’t need a TFN to sell your shares through Unbroker.
However, if no TFN is recorded on your shareholding, the registry may withhold tax from any dividends you’ve received. This doesn’t affect the sale itself.
If the shareholder can’t sign, someone else may be authorised to act under a valid Power of Attorney or court order. We’ll need certified documents confirming their authority before we can proceed.
