Source of Funds – What to Expect

You’ll be asked to confirm where your money is coming from for this transaction.
This is required by your law firm to meet regulatory obligations, so please provide accurate and detailed information.

The process takes around 5–15 minutes, depending on how many sources you’re adding.

Source of Funds Questionnaire

At the start, you’ll answer a short set of questions about:

The type of transaction (e.g. property purchase, investment, gift, etc.)
The total value of the transaction in pounds (£)

💡 If you choose “Other”, you can use this for cases such as gifting money to someone for a property purchase.

For property purchases, use the purchase price only (do not include Stamp Duty or fees) unless your firm has told you otherwise.

You will then be asked a series of questions related to the sources of your funds.

Adding your Sources

After the questionnaire, you’ll need to add details of each source of funds.

Click ‘Add source details’
Enter information about each source
Upload any required evidence (e.g. payslips, sale agreement, savings statements)

You’ll see suggestions based on your answers, but you can add any additional sources if needed.

Declaring overseas funds

For each source, you’ll be asked if any of the funds come from outside the UK.
If any part of your funds were acquired overseas, select ‘Yes’ so your firm can carry out the right due diligence checks.

⚠️ Not declaring overseas funds can delay your transaction.

Adding Bank Accounts

Once your sources are added, you’ll link your bank accounts to show where the funds are held.

To make changes before continuing, select ‘Amend source details’
Then click ‘Add bank account details’ to continue

You can connect via Open Banking or upload statements manually.

Connecting via Open Banking

Choose ‘Connect bank account’ to authorise a secure Open Banking connection.
This allows your statements to be fetched automatically.

If your bank isn’t listed, you’ll need to upload statements manually instead.

You can learn more about what it means to connect your account via Open Banking.

What to do when your bank isn't listed

If you don't see your bank listed you will need to do a manual upload of your bank statements.

How to do a manual upload of your bank statements

Click the "you can upload bank statements manually" on the main page.

To upload manually:

Select ‘You can upload bank statements manually’ on the main page
Upload your statements from your device in one of these formats:
pdf, jpeg, jpg, png, gif, or tiff
Follow the on-screen steps until upload is complete