- Help Centre
- My transactions
- My operations
Getting started on VeraCash
My payment card
Manage my account
EUR suspense account
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.