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What is the difference between Source of Wealth (SOW) and Source of Funds (SOF)?
What is the difference between Source of Wealth (SOW) and Source of Funds (SOF)?
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Written by Julia Pennington
Updated over 5 months ago

Source of Funds focuses on understanding how and where you, as the client, obtained the money for a particular transaction, which in this case is your deposit into your Clarity account.

Source of Wealth indicates your overall financial position and how you have accrued your total wealth.

These fields are required for the account opening process.

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