As part of our legal requirement to know our customers, there may be times when we ask you what your source of wealth is.

This basically means; where did the money you are investing in your account come from?

You might be wondering why we care about this and rightly so. Well, financial crime is real and we have a legal responsibility to know our customers. This means we need to be able to reasonably conclude from the information you provide, that you acquired your money legally. Please don’t take offence, none is intended and you are covered by our privacy policy.

Your source of wealth could be; business income, employment income, savings, inheritance, gifts, proceeds from the sale of an asset (like property or shares) or loan draw down.

Need to know more? Get in touch.