Description of the source of funds |
Documentary evidence required |
1. Income from Business Activities |
One of the following:
|
2. Investment / Trading |
Account statement from a regulated Financial Institution clearly indicating realised profit from the investment/trading activities (shall not be older than 12 months). |
3. Real Estate Sale |
|
4. Company Sale |
|
5. Dividend Payment |
|
Please note:
- If the origin of the Source of Funds / Wealth is UBO (Contributions from the Beneficial Owner / Shareholder), please refer to Individual Client. Supporting documents to establish the Source of Funds and Source of Wealth.
- The Compliance team reserves the right to request further details and documentary evidence. This means that documents not mentioned in the table above can be additionally requested to obtain the proper source of funds information.
- The Source of Funds documents shall not be older than two years prior to the corresponding deposits. If the Source of Funds documents are older than two years, then the bank/trading statements confirming the full payment chain from the initial source of funds/wealth to the deposit to EXANTE shall be provided.