What is proof of source of funds — and when is it required?

Proof of source of funds (sometimes shortened to "SOF") means showing where the money you're sending actually came from. It's separate from identity verification — KYC tells us who you are; source of funds tells us where the money came from.

You won't be asked for this when you create your account. We only ask when a particular transfer (or pattern of transfers) reaches a level where our regulators — AUSTRAC in Australia, and Bank Indonesia / PPATK in Indonesia — expect us to confirm the source. This is risk-based rather than a hard dollar threshold, so we apply it case-by-case.

Documents we typically accept

• Recent payslips (showing salary and your employer's details)
• Bank statements for the account you're transferring from
• Tax assessment notices or other government tax documents
• For sale-of-asset funds: a contract of sale, a settlement statement, or dealer / agent paperwork
• For inheritance or gift funds: a grant of probate, a solicitor's letter, or a signed gift declaration from the giver
• For business proceeds: company financials or accountant-prepared statements

How we'll ask

If we need proof of source of funds for a transfer you've started, we'll reach out by email or in-app — your transfer waits in New status until the documents are reviewed, and the funds you've sent stay safely in your Automatcher wallet until you're cleared to proceed. If you'd like to send the documents in advance for a planned larger transfer, contact support and we can review them ahead of time.