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All CollectionsShares Pro (France only)
Why do I need to provide the Client’s source of funds?
Why do I need to provide the Client’s source of funds?

Learn more about source of funds verification for Client’s accounts on the Shares Pro platform.

Updated over 2 weeks ago

*Available in France only.

As an investment firm, Shares is required to comply with laws and regulations, particularly with regard to the monitoring of funds invested by its users on its platform.

These checks aim in particular to protect our users against risky investments by ensuring that the declarations in the application are in line with reality, as well as to fight money laundering and the financing of terrorism.

This means we review your Client’s accounts and may request further information to ensure that we meet our legal requirements.

With this in mind, we may sometimes need further information from you about your Client as to how they have been funding the account at Shares and where that money comes from.

Conditions of acceptability

Before sending us your Client’s documents, here are some instructions:

  • Documents can be PDFs, photos or screenshots. Please note that these must be of good quality so that we can decipher the document;

  • All documents must be provided in full (all four corners visible), not just extracts from them;

  • The documents must include your Client’s first and last name, the date the document was issued and the Client’s bank account number (for bank statements).

Protection of the personal data

Any document you provide will be treated in the strictest confidence and for the sole purpose mentioned above, in accordance with our Privacy Policy and the General Data Protection Regulation (GDPR).

What documents are accepted as Proof of Source of Funds?

In the table below, you will find an indicative (non-exhaustive) list of documents accepted to certify the origin of funds invested on the Shares Pro platform.

Source of Funds

Required Documents

Employment/Salary

  • Bank statements showing salary credited

  • Latest payslip

Self-Employment/Business

  • Bank statements showing revenues credited

Pension

  • Bank statements showing pensions credited

  • Pension payout proof

Investments/Trading

  • Bank statements showing your gains

  • Investment platform statement

Real Estate Sale

  • Bank statements showing the funds from the sale

  • Notarial Act

Rental Income

  • Bank statement showing rent credit

  • Rental agreement/management documentation

Inheritance/Donation

  • Bank statements showing the funds from the inheritance/donation - Notarial Act

Savings

  • Bank statements from your insurance, savings account showing the amount

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