Overview
Before you can send a Commercial Source of Funds request, you need to add it as a step in a workflow. This article explains how to add the step and configure the bank statement period to match your firm's AML policy.
Before you start
You must have permission to create or edit workflows in Legl. If you do not have access, speak to your firm's Legl administrator.
Decide how many months of bank statement history you need from clients. The available options are 3, 6, 12, or 24 months.
How to add Commercial Source of Funds to a workflow
Go to Workflows in Legl.
Select an existing workflow to edit, or select Create workflow to start a new one.
In the workflow builder, select Add step.
Select Source of Funds from the list of available steps.
Under the step settings, select:
Commercial
The bank statement period you want to require from clients. The available options are 3, 6, 12, or 24 months. The default is 12 months.
Add to Workflow
Save your changes to the workflow.
What happens next
Your workflow is now configured with a Commercial Source of Funds step. When you send an Engage request using this workflow, clients will be asked to complete the Commercial Source of Funds section as part of their submission.
Important information
The bank statement period you configure applies to all clients sent this workflow. If different matters require different periods, create separate workflows for each.
You can return to a workflow at any time to adjust the bank statement period. Changes apply to new requests only and do not affect requests already sent.
The sources clients can declare are set by Legl and cannot be customised at the workflow level.