---
title: Source of Funds
description: Documentation required to verify the source of funds and source of wealth for your business.
navigation:
  order: 12
---

## Summary

Source of funds describes how the funds used on BlindPay are generated; source of wealth describes how a business or its owners accumulated their overall wealth. Either may be requested during onboarding or ongoing reviews when an account is subject to enhanced due diligence. Documents must be issued in the business name and clearly show the source and flow of funds.

## Source of funds vs. source of wealth

- **Source of funds** describes how the funds you'll use on BlindPay are generated. For example: operating revenue, customer payments, or investment capital.
- **Source of wealth** describes how the business or its owners originally accumulated their overall wealth. For example: business earnings, prior ventures, or long-term investments.

Both may be requested during onboarding or as part of an ongoing review.

## When it is required

We may ask for source of funds or source of wealth documentation in the following situations:

- Your account is subject to enhanced due diligence based on a risk assessment
- Your funding sources need additional validation, such as high transaction volumes or complex funding structures
- There are significant changes in your expected activity, ownership, or business model
- Additional verification is needed to meet regulatory or compliance obligations

If documentation is required, we'll let you know clearly during onboarding or through a follow-up request.

## Acceptable documentation

The documents you provide should clearly show where the funds come from, how they were generated, and how they will be transferred to BlindPay. Everything should align with your declared business activities.

### Fiat-based funding sources

For funds coming from traditional financial sources, we accept:

- **Bank statements or account summaries** showing the account from which funds will be transferred, issued by a regulated financial institution
- **Investment or capital contribution records** such as subscription agreements, capital injections, or founder contribution confirmations
- **Revenue-generating documentation** like invoices, customer contracts, settlement statements, or receipts demonstrating operating income
- **Loan or financing agreements** showing lawful borrowing through executed loan agreements or credit facilities
- **Asset sale or liquidation records** evidencing proceeds from the sale of business assets, securities, or property

### Digital asset and crypto-based funding sources

For businesses operating in the crypto and digital asset ecosystem, we accept:

- **Wallet ownership evidence** proving the business or its principals control the wallet(s) from which digital assets will be transferred
- **On-chain transaction history** showing the origin and movement of funds, including transaction hashes and wallet addresses
- **Exchange account statements** from regulated exchanges showing balances, deposits, withdrawals, or trading activity
- **Stablecoin issuance or redemption records** showing how stablecoins were acquired, redeemed, or minted
- **Market-making or trading records** such as trade history, P&L summaries, or liquidity provision records
- **Token sale or fundraising documentation** including allocation summaries, private placement records, and use-of-funds explanations

## Document standards

To avoid delays, make sure your documents meet these requirements:

- Issued in the **name of the business** or relevant funding entity
- Clearly shows the **source and flow of funds**
- **Legible and complete**, with no material redactions
- Submitted in an accepted digital format: **PDF, JPG, or PNG**

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We may request additional supporting documentation if we need further clarification or validation.
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## Related

- [Customers](/docs/essentials/customers#required-fields) · [Proof of Address](/knowledge-base/guides/proof-of-address)

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