At Vaultoro, we are committed to adhering to customer due diligence and anti-money laundering laws and regulations. As part of this commitment, we occasionally require additional information and documents from our customers to verify the source of their funds and overall financial standing.
Understanding Source of Funds (SoF) and Proof of Wealth (PoW)
Source of Funds (SoF): This pertains to the origin of the money used in your Vaultoro.com account. It's crucial for us to understand how you have acquired these funds, especially in cases of significant cryptocurrency deposits. We require proof and explanations of how and when these crypto assets were obtained.
Proof of Wealth (PoW): This refers to evidence of your overall financial situation, supporting the source of your funds and showing your ability to engage in trading activities.
Acceptable Documents for Source of Funds
- Salary: Provide a recent payslip from your employer (and/or a tax statement) AND a bank statement showing recent account balances.
- Sale of Property: Copy of the contract of sale or a land registry, title deed, or confirmation from a real estate agent or lawyer AND a bank statement showing the proceeds.
- Savings: Bank statement reflecting savings for at least three months.
- Loan: Loan agreement AND bank statement showing the loan deposit.
- Inheritance: Testament copy or letter from the executor of the will AND bank statement showing the inheritance deposit.
- Gift or Donation: Affidavit/letter from the donor AND bank statement showing the deposit.
- Pension Fund: Details of the pension fund AND bank statement showing the pension deposit.
- Tax Refund: Copy of the tax return AND bank statement showing the refund deposit.
- Crypto Funds: Proof of balance at crypto exchanges, transaction history, and withdrawals to Vaultoro.
- Other: Any other official documentation that evidences your source of funds.
- Format: Acceptable formats include .pdf, .png, .jpg, .jpeg.
- Visibility: Full visibility of the document, capturing all four corners if a photo/scan.
- Key Information: Your name, date of the statement, and transaction dates must be clearly visible.
- Transaction Details: All details must be clear and legible.
- Inbound and Outbound Transactions: We need to see all inbound (your income) and outbound transactions (deposits to Vaultoro.com), though you may cover sensitive information.
- Relevance: Documents should be recent and relevant to the time period in question.
How to Submit Your Documents
Please ensure that all documents are clear, legible, and valid. You will be provided with a dedicated Secure Upload link to upload files. Do not send them as attachments.
We assure you that all information provided will be treated with the utmost confidentiality. This process is essential for maintaining a safe and transparent trading environment and complying with regulatory standards.