Glossary / S
Source of funds
The explanation and supporting record for the origin of money or assets used in a transaction.
- Sheet
- 059
- Section
- Glossary
- Instrument
- Star chart
- Edition
- 12 · XI · 2026
The explanation and supporting record for the origin of money or assets used in a transaction.
What the term does and does not tell you
A control signature and a source-of-funds narrative answer different questions. Connect the receipt to the commercial purpose, relevant counterparties and transaction records. Do not fabricate a simpler explanation.
Use it in the working file
Record the actual entity, asset, service and date alongside the term. A label alone is not an eligibility decision or a complete description of legal rights.
Sources & scope
Research snapshot: 12 November 2026. The dated rule, its scope and the legal entity matter. Open the primary source before acting.
- EBA: Guidelines challenging unwarranted de-riskingRegulator guidance
- EUR-Lex: Regulation (EU) 2023/1113 — information accompanying transfersEU legislation