What is Source of Wealth or Source of Funds?

Understand what a "Source of Wealth" or "Source of Funds" document is.

For KYC purposes, you may be required to submit a Source of Wealth or Source of Funds document.

 

Below are the documents you can submit to fulfil the requirement:

  • Bank statements
  • Payslips
  • Tax Returns
  • A will (or a certified copy)
  • Court order (e.g. divorce settlement)
  • A trust deed (or a certified copy)
  • Audited financial accounts showing funds disbursed to the customer
  • Sale/purchase agreements
  • Share registries
  • Royalties
  • Records pertaining to business ownership, including audited financial statements or a letter from a legal practitioner, accountant or financial advisor.
  • Crypto statement/assets profile
  • Trading/investment account statements

Please note:

  1. This list is not intended to be exhaustive.
  2. Credit card statements are not valid SOW/SOF.