What is Source of Funds (SoF) verification?

As a regulated financial institution in the European Economic Area (EEA), Change is required to comply with European and Dutch anti-money laundering (AML) regulations. As part of these obligations, we may ask you to verify the Source of Funds (SoF) used for deposits made to your account.
 

Source of Funds verification allows us to understand how you lawfully acquired the assets you deposit. Common examples include employment income, property sales, bank loans, or inheritance.

You can use the following documents to verify your Source of Funds (this list is not exhaustive):

• Recent payslips or salary statements
• Annual tax declarations or assessment notices
• Invoices for professional services rendered
• Bank statements showing relevant transactions
• Property sale or transfer agreements
• Loan or credit facility agreements
• Last will and testament or inheritance documents

All submitted documents must be original, unaltered, and clearly show your name, relevant dates, and transaction amounts. Your documents are reviewed confidentially by our operations team and retained only for the legally required period. Depending on your transactions, we may request updated or additional documents over time.

If you have any questions, our support team is here to assist you - contact us through the app or at support@changeinvest.com.