In accordance with the Compliance and AML regulations, YouHodler might request the Source of Funds and Beneficial ownership confirmation.
Source of Funds
We can accept the following document types:
Where SOF is salary, pension, or savings - Recent payslips, Income tax statements, Employment contracts, Pension statements (no older than six months) Any and all company names and the name you have registered must be clearly visible on all the provided documents;
Where SOF is company dividends/ sale of a company - Company accounts, shareholding documents, Proof of income from capital assets or company investments (e.g. bank statement, distribution agreements, dividend resolutions, and current account balance) or Proof of the sale of shares in a company;
Property sale - A notarised contract for property sale or extract from the land registry, accompanied by bank statements (with the account balance and receipt of payment clearly visible) / confirmation of stamp duty;
Gift/Inheritance - A trust deed, Attestation from the executor of a will/notarial proof of gift/inheritance;
Loan/mortgage - a mortgage or Loan contract in combination with bank statements showing the transaction;
Property management - Proof of income from renting and leasing (e.g. rental agreement at the time of the agreement being signed and proof of the last rental payment);
Sale of (non-land) assets - Proof of income from investments (e.g. artwork, collector’s items), such as contracts and payment receipts which contain information on the buyer and seller;
Crypto assets - Screenshots of purchase and withdrawal confirmation displaying your account ID and all transaction details; Confirmation emails/Receipts which provide proof of purchase or withdrawal; Receipts which provide proof of purchase); Screenshots of the transaction history displaying trading profits made on other brokers or exchanges; In the case of an ICO, the full name of the ICO and the associated project’s website must be visible - We also need to know the exact amount invested in the cryptocurrency and the equivalent value in fiat at the time of the investment - In addition, we need the transaction history that documents the purchase and withdrawal of the token (wallet addresses and transaction ID);
Crypto mining - Receipts for the purchase of mining hardware, on which the address of the buyer (the name that you have registered) and seller are displayed; Photos of mining hardware and screenshots of the platforms and programs used; Operating cost statements (e.g. electricity bills) also issued in the name that you have registered.
Please, see the requirements for the document:
The document could be paper (scan or photo) or electronic (PDF/JPG/PNG);
The document should contain your full name;
The document should be issued not earlier than 3 months before the day of your submission;
The Document amount should cover all future and past crypto & fiat deposits.
Beneficial ownership form
A Beneficial ownership confirmation doc will be sent to your account email via the DocuSign service (This will only ever be sent from a YouHodler domain e.g. [email protected]).
This is a legal document in which you attest that you are the rightful owner of your funds and is a standard internationally mandated anti-money-laundering practice, either where the funds are being transferred from a trust or company, where funds exceed a certain amount, or where it has been indicated that the income is as a result of certain transactions like sales of certain classes of asset;
The DocuSign verification should take no more than a few minutes of your time, and that will mostly be governed by your internet connection speeds.
Please be advised:
We do not accept photos of electronic documents (document screenshot, photo of monitor with the document, screenshot of the document from a mobile device, etc.);
Due to international and domestic legislation that govern our onboarding a bank statement is not in and of itself a proof of source of funds.