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Source funding


PureGain

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Hi I was with a broker for nearly 2 years and they asked my for the source of my funding, I gave them my bank statement and one other showing my income.  The source of my money is savings over my life time and some money given to me by my parents. They wanted pages of bank statements personal account and I thought this was too much info to pass over and in any case I have not got allot of what they wanted.  Is this the same with IG or are current bank statement suffice? I don't want to transfer money and then have to go through this again. Any help would be appreciated. thanks

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10 hours ago, PureGain said:

Hi I was with a broker for nearly 2 years and they asked my for the source of my funding, I gave them my bank statement and one other showing my income.  The source of my money is savings over my life time and some money given to me by my parents. They wanted pages of bank statements personal account and I thought this was too much info to pass over and in any case I have not got allot of what they wanted.  Is this the same with IG or are current bank statement suffice? I don't want to transfer money and then have to go through this again. Any help would be appreciated. thanks

Hi @PureGain,

The only times IG will ask you for a bank statement would be to verify the source of funding o return the funds to the same source. For example if you make a card deposit, we will require you to send us a bank statement showing your card deposit to IG, if you are withdrawing more than what you deposited.

Other than this we will not ask for you to show us your account balance showing income and savings.

The only time further document will be required, would be due to compliance investigation.

All the best - Arvin

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