Verifying your source of funds is a process that helps to ensure the security and legality of your transactions. It is a requirement for some financial institutions and platforms that are regulated by anti-money laundering laws.
To verify your source of funds, you need to provide official documents that show the origin and history of the money that you are using. Depending on the type and amount of your transactions, you may need to provide different types of documents, such as:
Monthly payslips, tax declarations, or invoices, if your source of funds is your income from work or business.
Bank statements, property sale agreements, or loan agreements, if your source of funds is your savings or investments.
Last will and testaments, inheritance certificates, or court orders, if your source of funds is a gift or inheritance.
You can upload these documents to the platform or institution that is requesting them, or send them by email or post. The documents should be clear, legible, and up to date. The platform or institution will review your documents and verify your source of funds.
This may take some time, depending on the complexity and volume of your transactions. Once your source of funds is verified, you can continue to use the platform or institution without any restrictions.