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Source of wealth - what documents do you need? Savings from salary (basic and/or bonus) Original or certified copy of a payslip (or bonus payment) ... Sales of shares or other investments / liquidation of investment portfolio. ... Sale of property. ... Inheritance. ... Company sale. ... Company profit. ... Gift.
How to Provide Proof of Income Annual Tax Return. This is the most credible and straightforward way to demonstrate your income over the last year since it's an official legal document recognized by the IRS. ... 1099 Forms. ... Bank Statements. ... Profit/Loss Statements. ... Self-Employed Pay Stubs.
Sources of wealth describes how a client, or their family, has acquired their total wealth, for example, you will need to look at the activities that have generated or contributed to the accumulation of their financial and other assets. Examples of sources of wealth: Inheritance. Investments. Ownership of a business.
The Source of Wealth Declaration gives a description of the customer's assets and of the economic activity which has generated the customer's assets i.e. the source of wealth.
What Can Be a Proof of Wealth. SOW can be established through a combination of sources, provided by the customer such as evidence of title, official documents, copies of trust deeds (detailing dividends), audited documents, receipts, documents confirming salary, tax returns, bank statements.
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Source of Funds (SOF) Refers to the origin of the particular funds or any other monetary instrument which are the subject of the transaction between a Financial Institution and the customer.
Items that must be included in a Proof of Funds Letter include: Bank's name and address. Official bank statement. Copy of money market statement and balance. Balance of funds in checking and savings accounts. Bank certified financial statement. Copy of an online banking statement. Signature of an authorized bank employee.
Source of wealth - what documents do you need? Savings from salary (basic and/or bonus) Original or certified copy of a payslip (or bonus payment) ... Sales of shares or other investments / liquidation of investment portfolio. ... Sale of property. ... Inheritance. ... Company sale. ... Company profit. ... Gift.
Supporting documents and proof bank statements. recently filed business accounts, or. documents confirming the source, such as: sale of a house. sale of shares. receipt of a personal injuries award. a bequest under an estate. a win from gambling activities.
Source of wealth Sources of wealth describes how a client, or their family, has acquired their total wealth, for example, you will need to look at the activities that have generated or contributed to the accumulation of their financial and other assets.

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