Source of Funds / Source of Wealth

Document Options:

‍

All documents must be issued in the correct name and dated.
Provided documents must be clear, visilble and show issuer's name and details.

Please find below a list of acceptable documentation, depending on the source of funds and/ or wealth:

‍

‍Sales Revenue / Business Earnings

The latest balance sheet or profit and loss statement, signed by a certified accountant or auditor.
Recent tax declaration mentioning business revenue.
Bank statements from the last 3 months showing financial flows related to business revenue.

Customer Funds

Recent invoices or purchase orders proving the origin of customer funds.
Bank statements showing customer payments over the last 3 to 6 months.
Signed commercial contracts or agreements with key customers.

Investors Funds

Signed contracts or financing agreements with investors.
Proof of funds transfer (bank statements or wire transfer receipts).
Documents evidencing the investors' identity and source of wealth (e.g., KYC documents, shareholder registry).

Company Treasury

Recent audited financial statements.
Documents showing company reserves (e.g., balance sheets, treasury statements).
Proof of ownership or company registration details.

Crowdfunding

Proof of crowdfunding campaign (platform screenshots, campaign details).
Statements from the crowdfunding platform showing raised funds and contributors.
Tax or legal documents confirming the receipt of funds through crowdfunding.

Investment Returns

Statements showing returns on investment from financial institutions or brokers.
Tax declarations reporting investment income.
Recent portfolio valuations or dividend payment receipts.

Loan / Debt Financing

Loan agreement or contract detailing the loan amount, terms, and lender identity.
Bank statements showing the loan disbursement.
If private loans: Signed affidavit or notarized agreement with the lender, along with proof of their identity and source of funds.

ICO / IPO

Documentation of the ICO/IPO process, such as the whitepaper, offering circular, or prospectus.
Proof of proceeds from the ICO/IPO (e.g., blockchain explorer for crypto funds or bank statements for fiat).
Tax or legal filings related to the ICO/IPO.

Grant

Official grant award letter or agreement signed by the awarding institution.
Proof of fund disbursement (bank statements or payment confirmations).
Supporting documentation from the awarding entity (e.g., grant purpose, institution credentials).

‍

Nilos France SAS, a French company registered under number 918 733 502, is registered with the AMF ("Autorité des Marchés Financiers") for the provision of the following services: Digital assets custody, Purchase and sale of digital assets for legal tender and trading of digital assets against other digital assets (n°E2023-074). See Whitelist here.

Nilos France SAS is a partner of Modulr Finance B.V., a company registered in the Netherlands with company number 81852401, which is authorised and regulated by the Dutch Central Bank (DNB) as an Electronic Money Institution (Firm Reference Number: R182870) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr Finance B.V. Your funds will be held in one or more segregated accounts and safeguarded in line with the Financial Supervision Act (Wet op het Financieel Toezicht, Wft) – for more information, please consult this page.

Nilos Canada Ltd. is a Canadian Limited company incorporated under number BC1494269, whose headquartered at 422 Richards St., Suite 170, Vancouver, BC V6B 2Z4,Canada.
Nilos Canada Ltd. is registered as a MSB (Money Service Business) with the FINTRAC for the provision of the following services: foreign exchange dealing, Money transferring, Dealing in virtual currencies and Payment services, under number C100000178. See MSB Register here.