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CDD Evidence

Acceptable Evidence for Source of Wealth (SOW) and Source of Funds (SOF)

Updated over 2 weeks ago

Depending on your account type, investment amount, citizenship, country of residence, and other risk factors, our Compliance Team may request additional documentation to support your declared Source of Wealth (SOW) and Source of Funds (SOF).

These requirements are assessed on a case-by-case basis and are part of our obligation to meet international compliance standards.


Acceptable Evidence

This list outlines the types of documents accepted during Customer Due Diligence (CDD) reviews to support the declared Source of Wealth (SOW) and Source of Funds (SOF).

Please note that evidence not listed here is not acceptable, and our Compliance Team has full discretion to accept or reject a transaction or its supporting documentation. Transactions with pending CDD requirements will not be approved until all outstanding documentation has been reviewed and accepted.


Income from Employment

  • Copy of pay slip

  • Employer confirmation of annual salary

  • Bank account statement showing receipt of salary

  • Latest tax declaration if self-employed

  • Letter from employer confirming income, occupation, and business details


Property Sale

  • Contract of sale

  • Title deed from land registry

  • Written confirmation of sale signed by a legal professional (advocate or solicitor)


Sale of Shares or Investments (including withdrawals)

  • Sale contract

  • Evidence of shares or investments sold and sale value

  • Statement of account from investment agent

  • Transaction confirmation or receipt


Inheritance

  • Copy of will detailing the estate inherited

  • Grant of probate

  • Written confirmation of inheritance signed by a legal professional


Company Sale

  • Contract of sale confirming seller's identity and business details

  • Written confirmation from a legal professional (advocate or solicitor)


Company Profits / Dividends

  • Latest audited financial statements

  • Latest management accounts

  • Board of Directors’ resolution approving dividend

  • Latest dividend distribution letter

  • Latest tax declaration form

👉 When using company profits or dividends as a source, supporting documents must clearly confirm the client's shareholding or entitlement


Divorce Settlement

  • Written confirmation from a legal professional

  • Original or certified copy of a court order


Lottery / Gambling Win

  • Written confirmation from the lottery or gaming company

  • Winning receipt or copy of the cheque


Gift

  • Written confirmation from the benefactor, confirming the nature and value of the gift


If you're unsure which documents apply to your case, please consult with your financial adviser or contact our Compliance Team.

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