Acceptable documents to verify Source of funds

Source of funds

Acceptable documents to verify Source of funds

Property Ownership

  • Sale and Purchase Agreement
  • Settlement statement from prior sale
  • Property Ownership Database

Savings

  • 3 months of Bank statements showing regular amounts being saved

Kiwisaver / Superannuation Scheme

  • Statement from Kiwisaver/Scheme provider showing amount paid

Salary, Wages, Bonus, Commission

  • Bank statements showing regular payments from employer/income being deposited
  • Payslips
  • Contract of employment or confirmation of employment
  • IRD Statement
  • External sources (websites, social media)
  • Tax returns
  • Letter from accountant

Investments

  • Investment statement
  • Bank statements
  • Letter from accountant, financial adviser

Business Income, Corporate Investments, Company Profits

  • Financial statements (preferably audited) but at minimum accountant prepared not prepped by company themselves
  • Business plan for a start-up
  • Contract (for a sole trader or SME start-up)
  • External sources (websites)
  • Companies Office website to confirm shareholder, directorships

Insurance Claim or Pay-out

  • Letter from payer
  • Bank statement evidencing payment

Redundancy

  • Letter from payer
  • Bank statement evidencing payment
  • Tax return

Compensation payment

  • Letter from payer
  • Bank statement evidencing payment

Sale of assets

  • Sale agreement
  • External listing from website
  • Property Ownership database

Inheritance

  • Letter from executor of estate
  • Proof of payment from lawyer’s trust account
  • Copy of probate/will

Loan

  • Loan statement or agreement
  • Letter from loan provider

Gift

  • Gifting letter
  • Confirmation from person providing gift

Winnings (e.g. casino, lottery)

  • Prize confirmation (e.g. letter from Lotteries Commission)
  • Evidence that payment has come from winning – e.g. payment into account from TAB, Lotteries Commission
  • Cheque marked ‘winnings’

Government income

  • Letter from Government agency – e.g. benefit letter
  • Evidence from bank account showing receipt of such payment

Rental income

  • Rental Agreement
  • Property Ownership documents
  • Financial statements
  • Tax return
  • Letter from accountant