Source of Funds vs Source of Wealth | Clear Explanation for AML/KYC скачать в хорошем качестве

Source of Funds vs Source of Wealth | Clear Explanation for AML/KYC

In this video, we break down two important concepts in AML & KYC compliance: Source of Funds (SOF) and Source of Wealth (SOW). If you work in banking, finance, fintech, compliance, or risk management, this video will help you clearly understand the difference between SOF & SOW and how to verify them effectively. --- 📌 What You Will Learn ✔ What is Source of Funds (SOF)? ✔ What is Source of Wealth (SOW)? ✔ Key differences between SOF and SOW ✔ Why SOF & SOW checks are important in AML/KYC ✔ Examples of acceptable documents for verification ✔ How banks and financial institutions assess customer profiles ✔ Red flags and risk indicators --- 📝 Useful for: AML/KYC Analysts Compliance Officers Banking & Finance Professionals Students preparing for AML/KYC roles Anyone learning financial crime prevention --- 💼 Topics Covered in This Video 00:00 – Introduction 00:48 – What is SOF? 02:15 – What is SOW? 03:42 – Key differences 05:10 – Documentation examples 06:35 – Red flags 08:00 – Summary --- 📚 More AML/KYC Videos Coming Soon Like, share, and subscribe for more compliance-focused videos including CDD, EDD, Sanctions, PEP, UBO, and more. --- 🔔 Subscribe for weekly AML/KYC content! Help this channel grow and support learning for everyone.