Source of funds vs source of wealth: what to prepare and why
Two questions that sound alike but ask for different evidence. Getting them right avoids the most common round of follow-up requests.
Source of funds is about a specific transaction or balance: where did this money come from? Source of wealth is about the person or company as a whole: how was the overall wealth accumulated?
Evidence for source of funds
- Invoices and contracts behind incoming payments
- Bank statements showing the originating account
- Loan agreements or capital contribution documents
Evidence for source of wealth
- Audited financial statements
- Sale-of-business or property agreements
- Tax returns, employment history, inheritance documents
Prepare both before you are asked. A reviewer who receives a complete answer on the first request rarely asks a second time.
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