{"id":7852,"date":"2025-07-21T01:44:33","date_gmt":"2025-07-21T00:44:33","guid":{"rendered":"https:\/\/www.simplex.com\/kb\/what-is-the-source-of-funds-check"},"modified":"2025-09-03T15:14:09","modified_gmt":"2025-09-03T14:14:09","slug":"what-is-the-source-of-funds-check","status":"publish","type":"kb","link":"https:\/\/www.simplex.com\/kb\/what-is-the-source-of-funds-check","title":{"rendered":"What is the Source of funds check?"},"content":{"rendered":"<div class=\"article-content\" style=\"box-sizing: border-box;line-height: 1.6;margin: 40px 0px;overflow-wrap: break-word;\">\n<div class=\"article-body\" style=\"box-sizing: border-box;\">\n<p style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">A source of funds check refers to the origin of the funds: proof to show that your funds come from a legitimate source &#8211; salary, profits earned from your business, a loan from the bank, and so on. We need to know the source of our users&#39; funds for several reasons:<\/span><\/p>\n<ul style=\"box-sizing: border-box;list-style-position: outside;list-style-type: disc;margin: 20px 0px 20px 20px;padding: 0px 0px 0px 20px;\">\n<li style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">To ensure that you carried out the transactions made<\/span><\/li>\n<li style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">To protect users and their funds from fraud<\/span><\/li>\n<li style=\"box-sizing: border-box;\"><span style=\"box-sizing: border-box;\">To comply with the laws and regulations that allow us to operate as a financial company<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A source of funds check refers to the origin of the funds: proof to show that your funds come from a legitimate source &#8211; salary, profits earned from your business, a loan from the bank, and so on. We need to know the source of our users&#39; funds for several reasons: To ensure that you<\/p>\n","protected":false},"featured_media":0,"menu_order":0,"template":"","kb_category":[43,38],"class_list":["post-7852","kb","type-kb","status-publish","hentry","kb_category-account-management","kb_category-nuvei-accounts"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the Source of funds check? - Simplex<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.simplex.com\/kb\/what-is-the-source-of-funds-check\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the Source of funds check? - Simplex\" \/>\n<meta property=\"og:description\" content=\"A source of funds check refers to the origin of the funds: proof to show that your funds come from a legitimate source &#8211; salary, profits earned from your business, a loan from the bank, and so on. 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