The KYC File That Actually Works: Building a Source-of-Funds Trail Banks Accept

Last updated: 2025-08-23 Source: WealthShield Author: Shield

intro:A step-by-step recipe to assemble a credible SoF/SoW package for any serious bank. Principles: consistency, verifiability, proportionality. Core Evidence: tax returns, audited statements, sale contracts, dividend statements. Linking Money Flows: bank

A step-by-step recipe to assemble a credible SoF/SoW package for any serious bank.

Principles: consistency, verifiability, proportionality.
Core Evidence: tax returns, audited statements, sale contracts, dividend statements.
Linking Money Flows: bank statements with highlights; cap table; notarized copies.
Narrative Letter: concise timeline of wealth creation, advisors involved.
Packaging: indexing, translations, certifications, refresh cycles.
Common Mistakes: screenshots only, missing contracts, unverifiable cash. FAQ:
How many years of statements? Often 6–12 months for flow; more for origin.
Do I need notarization? Many banks require certified true copies—verify. Editor’s Note: Treat this as a product; update quarterly. Tags: KYC, Source of Funds, Documentation

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