Source of Wealth & Funds Evidence

Source of Wealth & Funds Evidence

A regulated institution may require a clear and well-supported explanation of how a client accumulated their wealth, who owns the relevant assets or entities, and where the specific funds involved in a transaction originated.

This commonly arises during bank onboarding, enhanced due diligence, a significant transfer, property or investment transaction, or another event that attracts closer institutional scrutiny. In complex cases, individual bank statements, contracts, corporate records or tax documents may each prove part of the story without explaining how the pieces connect.

NORDVANDE reconstructs the underlying financial history across relevant accounts, entities, transactions, jurisdictions and supporting documents. The objective is to establish a coherent factual chronology, reconcile the movement and origin of funds, identify evidential gaps or inconsistencies, and connect material assertions to the documents that support them.

The result is not simply a larger collection of documents, but a structured evidence narrative that allows the institution to understand how the wealth was generated, how the relevant funds were derived and how the supporting evidence fits together.

Potential output

Depending on the scope and complexity of the case, the final work product may include:

• dated financial narrative,

• Source of Wealth and Source of Funds mapping,

• transaction and account reconciliations,

• an indexed evidence file,

• ownership and entity mapping, and

• clear record of the documents supporting each material factual proposition.

Where documentation is incomplete, contradictory or insufficient, those limitations are identified explicitly rather than obscured. Material gaps, unresolved questions and areas requiring further evidence or specialist input are distinguished from facts that can be independently supported.

The purpose is to provide a regulated institution with a clearer, more coherent and better-evidenced basis for its own assessment. NORDVANDE does not determine the institution’s risk appetite or decision and does not guarantee onboarding, account opening, payment release, transaction execution or acceptance.