Overview
Before you can send a 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 an Admin at your firm.
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.
Select the Edit workflow tab.
Select Add step.
Select Source of Funds.
Under Source of funds type, select Commercial.
If you want clients to upload evidence for every source they add, tick Make document evidence uploads mandatory for each source submitted. This is turned off by default.
Under Bank statement period, select how many months of statements the client must provide. The default is 12 months.
If you want clients to upload evidence for every source they add, tick Make document evidence uploads mandatory for each source submitted. This is turned off by default.
Click Add step.
Click Save.
ℹ️ Further guidance
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 require clients to upload a supporting document for each source by turning on mandatory document uploads in the step settings. This is turned off by default.
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.
Clients can choose from Business profits, Shareholder/director funding, Bank or commercial loans, Asset sale proceeds, External investment and Mortgage. These are set by Legl and cannot be changed per workflow.