Required Information /Documents (RFI)

To comply with regulatory and security standards, recipients of third-party transactions and inflows exceeding the set threshold may need to provide additional information. Here are the details of the required information and acceptable documents.

Required Information

Source of Funds

You must provide evidence explaining the origin of the funds. Acceptable documents include:

• Bank statements showing regular income deposits, savings, or investments
• Pay slips or salary statements demonstrating regular employment income
• Investment statements showing proceeds from the sale of stocks, bonds, or other investments
• Inheritance or gift documentation (e.g., inheritance certificates, gift letters, proof of transfer)
• Sale agreements for property or other valuable assets
• Business income records (profit and loss statements or tax returns for self-employed individuals)
• Loan agreements with terms and conditions
• Savings or investment history showing accumulation of funds over time
• Receipts for items sold that resulted in the funds
• Legal settlement documentation
• Pension statements demonstrating regular pension income
• Dividend statements showing income from dividends
• Documentation for any other legitimate source of income

Purpose of Funds

Evidence must demonstrate the intended use of the funds. Acceptable documents include:

• Purchase agreements (contracts for real estate, vehicles, or other high-value items)
• Receipts or invoices for goods or services
• Travel itineraries showing bookings and related expenses
• Education fee receipts or invoices from educational institutions
• Medical bills (invoices or receipts for treatment or procedures)
• Receipts or acknowledgments for charitable contributions
• Invoices from legal professionals for services rendered
• Investment agreements or contracts
• Construction or renovation contracts
• Bank statements showing withdrawals or transfers matching the intended purpose
• Expense reports for business-related expenditures
• Sworn affidavits or declarations attesting to the purpose of the funds
• Business plans for development or expansion
• Travel visa applications with supporting documentation
• Government approval documents for funds subject to regulatory approval

Relationship with the Sender

If applicable, provide evidence of your relationship with the sender. Acceptable forms include:

• Contractual agreements
• Correspondence or communication proving the relationship

Identity of the Sender

Documentation to verify the sender's identity is required. Acceptable forms include:

• Government-issued ID
• Passport
• Other official identification documents

Transaction Frequency

You may need to confirm whether the transaction is one-off or recurring. For approved recurring payments, you won't need to repeat this process unless issues arise.

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Important Note

Failure to provide the required information within 72 hours of the transaction may result in the funds being returned to the sender. A return fee of €5 for EUR transactions or $20 for USD transactions will apply.