Not quite - you just have to email them to increase it :
I think you are talking about “Trusted” Status (Level 2).
https://support.mtgox.com/entries/20919111-AML-Account-StatusesSays "All document required for "trusted” accounts must be notarized with apostille and sent by priority mail to the address at the bottom of this page."
No - here's the exact text from the website - be sure to read it all - especially the bit near the end where it says you just have to email them to increase the daily limit by upto 10x and the monthly limit by upto 5x :
2. "Verified" Status (Level 1)
Please be advised that if you wish to use SEPA and Wire transfer to transfer your funds, you will have to become a verified member.
Being “verified” has the following limits:
Traditional Currencies
Daily withdrawal limit (24hrs): 10,000 USD (or equivalent)
Monthly withdrawal limit: 50,000 USD (or equivalent)
Bitcoin
Daily Bitcoin withdrawal limit (24hrs): 1,000 BTC
Monthly Bitcoin withdrawal limit: none
Requirements:
A valid copy of a government issued photo ID and proof of residence (less than 3 months old) - E.g. A utility or phone bill.If your documents are not in Japanese, English, or do not have Latin script, they need to be translated and then notarized before uploading.
The "verified" status is designed for active traders and/or small companies.
After you have been verified, if you would like to request a withdrawal limit increase (up to 10x your current daily limit, and up to 5x your current monthly limit), please contact
[email protected] with the below.
Wallet (BTC/USD/ETC):
New Daily Limit:
Wallet (USD/EUR/ETC):
New Monthly Limit: