Mandate practice

2026

← Glossary

Source of Funds / Source of Wealth

Source of funds explains where the money in a specific transaction or account comes from; source of wealth explains how the underlying wealth was accumulated. Reviewers expect both to be evidenced, not asserted.

VeriRail: VeriRail helps you evidence source-of-funds and source-of-wealth logic so it survives a reviewer reading the file end to end.

When the next conversation with a bank, EMI, PSP or FX provider matters, the work is the Founder Advisory Seat — M.M. Thakur beside you on flow of funds, account-route readiness, DDQ and RFI answers, closures and live calls. Bank account first. Rails second. FX third. Compliance throughout.

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The Library is the framing. The Advisory Seat is the work.