Money & Accounts

Source of funds and source of wealth are two different questions — answer the right one

Guide Last updated Full archive
Money & Accounts

A withdrawal is held and an email asks for "proof of source of funds". Most people send a bank statement, get asked again, and conclude the operator is stalling. Often it is not: the two requests are different questions, and only one of them is answered by a statement.

Payment card and a coin — deposits and withdrawals
Payment card and a coin — deposits and withdrawals
On this page
  1. What each request is actually asking for
  2. Why the request arrives when it does
  3. How to get through it in one round
  4. If it stalls anyway
  5. Sources

The distinction is standard anti-money-laundering practice, not a casino invention. Source of funds means the origin of the specific money used in a transaction — this deposit, that transfer. Source of wealth means how the customer accumulated their wealth overall — the story of the balance, not the journey of one payment.

For gambling operators in the UK, due diligence on both is expected where risk requires it, with documented proof of income or wealth for high-spending customers, and particular scrutiny where funds are obscure or higher-risk — recycled winnings and cryptoassets are both named in that category. Crypto deposits may only be accepted where the operator can satisfy both its AML duties and its safer-gambling duties, including identifying source of funds and source of wealth.

What each request is actually asking for

RequestQuestion being askedEvidence that answers it
Source of fundsWhere did this specific money come from?Bank statement showing the credit and the transfer out; payslip for the salary that funded it; sale documentation; a transaction trail for crypto
Source of wealthHow did you come to have money at all?Employment contract or several years of payslips; tax returns; company accounts or dividend records; documentation for a property sale, inheritance or settlement

Sending a single month's statement in answer to a source-of-wealth request is the commonest cause of a verification loop. The statement shows a balance existing; the question was how it came to exist.

Why the request arrives when it does

Three separate triggers get blamed on each other:

An operator is entitled to ask before paying out, and a request at withdrawal time is legitimate even when it feels punitive. What is not acceptable is a request with no stated basis and no stated scope.

How to get through it in one round

If it stalls anyway

Put one written request to the operator naming the documents supplied, the date supplied, and the specific question you understand to be outstanding. If that goes unanswered, escalate to the ADR provider the licence requires the operator to name — not to support, and not to a public post. Where a win is being withheld rather than a verification completed, the terms being relied on matter too: see "malfunction voids all pays".

Two things are worth knowing about what happens to the account while the check runs. The balance is normally frozen rather than confiscated, and the freeze applies to the withdrawal rather than to the deposit history: an operator that has asked for documents is required to hold the funds until it is satisfied, which is why the delay is not something support can waive as a gesture. And a check that has been opened does not close itself. It ends when a named person accepts a named document, so every message you send is worth addressing to the question rather than to the inconvenience — dates, amounts, the document supplied, nothing else. A chargeback at this point is the one move that makes the outcome worse: it is treated as a breach of the terms rather than as pressure, and it usually closes the account with the balance still inside it.

More on account and payment mechanics is in Money & Accounts and Payments. Our own rating method, including what an undocumented payout route does to a score, is in how we rate.

Sources

Nothing here is legal or financial advice. Read against the sources above on 27 September 2026; an operator's own published policy takes precedence for that operator.