SheriaPlex

Affidavit for Source of Funds

Document Type
DOCX
Pages
1
Price: KES 300
Get Document Now
Professionally Drafted
Fully Customizable
12,000+ Happy Customers
Instant Delivery

Document Overview

An Affidavit for Source of Funds is a sworn legal statement made before a Commissioner for Oaths, Advocate, or Magistrate declaring the origin of money being used in a financial or property transaction.

It serves as proof that the funds come from legitimate sources such as salary, business income, inheritance, sale of property, or savings — and not from illegal activities.
In Kenya, it is often required by:
- Banks and Sacco societies (for large deposits or transfers),
- Lawyers or land agents (during property purchases),
- Government agencies (for tendering or licensing), and
- Anti-money-laundering compliance departments (as per POCAMLA, 2009).

Purpose of an Affidavit for Source of Funds
- Prove Lawful Origin of Money
- Satisfy Regulatory Requirements
- Facilitate Property or Business Transactions
- Protect the Deponent Legally
Document Preview Below
Purchase now to receive the complete document instantly.

Preview

  • Document Preview
End of Preview
Purchase now to access the complete document.

Related Legal Documents

Affidavit for Name Change of a Minor
An Affidavit for Name Change of a Minor is a sworn legal statement made by a parent or legal guardian declaring the intention to change the name of a...
Affidavit for Lost Birth Certificate
An Affidavit for Loss of Birth Certificate is a sworn legal statement made by a person declaring that their original birth certificate has been lost,...
Affidavit for Discrepancy in Date of Birth Between the Birth Certificate and National Identity Card
An Affidavit for Correction of Date of Birth is a sworn legal document made under the Oaths and Statutory Declarations Act (Cap 15, Laws of Kenya). It...
View All Documents
Get this document instantly Get Now