When do I need to verify my source of funds?
In some cases, regulations require us to ask for information about your source of income and documents proving the source of funds used in your transaction. This step is essential to ensure that all funds processed by Ramp Network are from legitimate sources.
What documents are accepted?
Evidence | Requirements/Supporting docs |
Bank statements |
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Payslips |
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Tax returns |
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Digital asset exchange statement |
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Property sales |
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Investment / brokerage statements |
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Loan |
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Inheritance |
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Company ownership |
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What are the requirements for documents submitted as the source of funds documentation?
For your documents to be accepted as evidence, they MUST:
Display your full name, the issuer’s name, and the date of issuance.
Be written in the Latin or Cyrillic alphabet.
Be clear, fully visible, and readable (no parts of the document should be covered or folded).
Be submitted in PDF or high-quality image format (e.g., JPG or PNG).
NOT be a screenshot (screenshots are NOT accepted).
How long does it take to review the source of funds documentation?
The review of your source of funds documentation can take up to ten business days (business days refer to Monday through Friday, excluding public holidays). We appreciate your patience as we verify these documents.
What happens if I don’t provide evidence for the source of my funds?
If you fail to provide the necessary documentation to verify the source of your funds, your transaction will be canceled, and you may also be prevented from transacting further through Ramp Network.