Source of Funds for a US Business: What US Banks Check for Russian Clients
Source of funds vs. source of wealth: two different questions
Bank compliance teams work with two related but distinct concepts. Source of funds is the origin of a specific sum moving through a specific transaction, say, a $200,000 wire into a new company's account. Source of wealth is the origin of a client's entire net worth: how the person built the fortune of which this transaction is...