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ARTICLE · 16 DECEMBER 2021

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Source Of Funds & Source Of Wealth Explained

Dr Werner & Partner
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There are many misconceptions about Source of Funds and Source of Wealth. Many people think they are one and the same thing.

MaltaFinance and Banking
Malcolm Wallbank
Malcolm Wallbank
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There are many misconceptions about Source of Funds and Source of Wealth. Many people think they are one and the same thing. Many people question the point of asking for Source of Funds and Source of Wealth. Many people are unsure as to the level of detail required when collecting information regarding Source of Funds and Source of Wealth. Many people fail to realise the situations when documentation regarding Source of Funds and Source of Wealth should be requested.

This article aims to address these misconceptions and will at the same time provide guidance to those practitioners who deal Source of Funds and Source of Wealth on a regular basis.

1. Source of Funds vs Source of Wealth

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