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created at

2025-11-16 22:27:29

updated at

2025-11-16 22:27:30

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https://support.firstaml.com/support/solutions/articles/69000834118-source-of-wealth-funds

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2025-08-07 20:13:09

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Content

title

Source of Wealth/Funds

excerpt

content


 
 
 
 
 
 Source of Wealth/Funds
 
 
 
 Modified on: Thu, 19 Sep, 2024 at 4:29 PM
 
 
 
 
 Where enhanced due diligence is conducted with respect to a client, First AML will collect either source of wealth or source of funds evidence.For providing source of wealth or source of funds evidence, the client will be requested to provide one of the following:Option 1documentation evidencing the client’s source of wealth or source of funds; anda written statement explaining how the documentary evidence confirms the client’s source of wealth or source of funds.Option 2A written and dated statement from the client’s solicitor or accountant satisfying all of the following criteria: Includes the firm’s branding (whether on the firm’s letterhead or in an email).Explains the relationship between the firm and the client, and how long the firm has acted for the client.Explains, in detail, how the client has acquired its f...

author

updated

2026-01-13 21:29:21

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