Proof of Address and Source of Funds Confirmation
What documents are considered as proof of address?
We accept the following Proof of Address documents:
Tax bill, valid for 1 year.
Correspondence with a government authority regarding the receipt of benefits such as a pension, unemployment benefits, housing benefits, etc.
Cable bill (but not from satellite TV companies).
Landline telephone bill.
Bank statement showing the date of issue and the name of the person (the document must be not older than 3 months).
Utility bill for gas, electricity, water, internet, etc. linked to the property (the document must not be older than 3 months).
Valid lease agreement with signatures of landlord and tenant.
Credit card statement issued by a bank.
Letter from a recognized public authority or public servant (any government-issued correspondence not older than 3 months).
The document must contain your full name and home address;
In case you have a proof of address document in a language that is not supported, you can provide us with a notarized translation of it.
What does Source of Funds mean?
The term “Source of Funds” (“SoF”) refers to the funds that are being used to fund the specific transaction at hand - that is, the origin of the funds used for the transactions or activities that occur within the business relationship or occasional transaction.
SoF tells us where the money comes from, which can be proven through bank statements, tax returns, company financials, etc.
Why do I need to provide the source of funds?
Kuna is an obligated entity according to the AML/CTF legislation.
Due to KYC/AML standards and the requirements of financial regulators, as well as payment providers (for compliance with the same standards), in some cases, users may be required to confirm the source of funds for transactions. This is an additional measure to control the circulation of funds and guarantee financial security for all participants.
If you do not provide us with proof of the source of funds, we will not be able to fully provide services to you and have the right to refuse provide services to you.
Which documents are considered as proof of address?
Here are some examples of SoF (note, this list is not exhaustive and is given only as an example):
Real Estate/Property Income