Source of funds

This menu allows you to maintain a list of values to indicate the Source of funds for client accounts, and these codes can be used to monitor account activity with respect to Compliance and Due Diligence.

Source of funds refers to the origin of the funds being deposited into the [account](javascript:TextPopup(this)). This will enable better detection of any suspicious activity, and to assess situations where additional verification may be necessary.

To add a Source of funds

  1. From Admin menu, click System Codes, Payments, and then Source of funds. Source of Fund search page appears. All Source of fund records available in Aura appear on the page, sorted alphabetically based on their Description.

  1. Click Add. New Source Of Fund -- General (1/2) page appears.

  1. Enter Description for the new Source of Fund.

  2. Click Next. New Source Of Fund -- Confirmation (2/2) page appears.

  1. Click Finish. Source Of Fund page appears displaying the details of the record you added.

Functions: Add, Edit, Delete, Search

To Edit Source of Fund

  1. Click Edit. Edit Source Of Fund page appears.

  1. Make required changes and click Save.

Functions: Edit, Delete.

Delete: You can delete a Source of Fund by clicking on Delete button. When you click on Delete button, Aura displays an alert message. On confirmation, Aura will delete the Source of Fund. A Source of Fund can be deleted until it is in use.