Fast, secure, and streamlined source of funds checks
Gain a complete, transparent view of your clients’ Source of Funds without having to search through pages and pages of bank statements with our Open Banking-powered solution.
Evidence based decisions
Our real-time Open Banking powered solution connects to 95% of UK banks, and uses state-of-the-art self-learning models to enhance and analyse transactions, enabling you to easily understand your customers financial history.
Open Banking is embedded within our Source of Funds check and lets individuals securely share six months worth of their financial data straight to you giving a full breakdown of their account, highlighting any discrepancies for your review. This saves time for both you and the individual, eliminating the need for sharing bank statements over email, and questions back and forth.
Streamline your decision-making process with an all-in-one report that consolidates verified evidence from multiple sources, readily accessible in one location.
Features that represents Source of Funds
Dynamic Totalizer
Often the simplest solutions are the best and that’s certainly the case with our funds totalizer. This simple visual aid helps ensure your customer submits sources that total the value of the transaction.
Smart Fact Finds
Instead of long, tedious questionnaires, your customer only needs to select the sources relevant to them, answer simple, relevant questions and provide an appropriate form of evidence
Flexibility
Not everyone has online banking, so we give your customers the flexibility to choose between Open Banking or document upload when submitting their financial evidence, reducing the need to request additional documents