My operations
      Back to home
      1. Help Centre
      2. My transactions
      3. My operations

      Why do I need to provide proof of the source of my funds when transferring more than €10,000?

      Some of you may be surprised to be asked for supporting documentation when crediting your VeraCash account. This is a requirement of anti-money laundering rules.

      For that reason, we will ask you for proof of the source of your funds (real property sale, payout on a life insurance contract, etc.) in the following instance:

      • for any single deposit over €10,000;
      • for any deposit volume over €10,000 accumulated over one sliding month.

      To help you understand the reasons for this request, we have posted an article on this subject on our blog.