What are the requirements for Source of Funds?

What are the requirements for Source of Funds?

There is no definitive list of what type of document we consider acceptable - it depends on the source of your funds. Please note that you do not need to translate documents that aren't in English.

Some examples of acceptable proof of Source of Funds:

Self-employment

Please provide one of these two types of documents:

A consultancy agreement

It must clearly display:

• Your full name
• Your customer's name
• The role or service you provide
• The date of issue (no older than 12 months)
• All pages of the agreement

Your latest tax declaration

It must clearly display:

• Your full name
• Your income
• The date of issue

Note: You do not need to submit the full declaration, only the pages showing the above information

Salary

You can submit one of these two types of documents:

A payslip

It must clearly display:

• Your full name
• Your income
• Your employer's details
• The date of issue (within the last month)

Note: You will need to submit your most recent payslip

A recent bank statement

It must clearly display:

• Your full name
• Your most recent salary payment with a clear reference
• The logo or name of the bank
• The date of issue (within the last month)

Savings/deposits

Please submit a bank statement that clearly displays:

• Your full name
• The account balance
• Six months' worth of transaction history
• The logo or name of the bank
• The date of issue (no older than three months)

Inheritance

Proof of funds for inheritance requires two documents:

Certificate of inheritance or grant of probate

It must clearly display:

• Your full name
• The amount received
• The name of the issuer
• The date of issue (no older than five years)

The related bank statement

• It must clearly display:
• Your full name
• The amount received
• The logo or name of the bank
• The date of issue (no older than six months)

Property sale

In this case, you need to provide the following two documents:

Sale agreement

It must clearly display:

• Your full name
• The date of issue (no older than 12 months)
• The signatures of the parties involved

The related bank statement

It must clearly display:

• Your full name
• The amount received from the sale
• The logo or name of the bank
• The date of issue (no older than three months)

Sale of shares or investment

To prove that your funds come from the sale of shares/investments, please provide the following two documents:

An investment certificate

It must clearly display:

• Your full name
• The number of shares sold
• The price of the shares
• The name of the company
• The date of issue (no older than 12 months)

The related bank statement

It must clearly display:

• Your full name
• The amount received
• The logo or name of the bank
• The date of issue (no older than six months)

Company profits/dividends

Please upload either of the following three documents:

Your latest tax declaration

It must clearly display:

• Your full name
• Your income
• Employer or company name
• The date of issue

Note: You do not need to submit the full declaration, only the pages showing the above information

Latest audited account of your company

It must clearly display:

• Your full name
• The amount of dividends
• The director's name
• The issuing institution
• The date of issue (no older than 12 months)

A dividend certificate

It must clearly display:

• Your full name
• The company name
• The value of the dividend
• The date of issue

An official document confirming the source of funds

It must clearly display:

• Your full name
• The amount received
• The reason for payment
• The date of issue (no older than 12 months)