The origin of specific funds and the history of overall wealth require different evidence
BLACKFILE helps reconstruct a verifiable history of capital and show how specific funds relate to income, a business, an asset sale, inheritance, investment activity or another lawful source.
We cross-reference client documents against corporate history and independent sources, identify unexplained periods and prepare structured material for further work by a bank, notary, lawyer or compliance team.
At this initial stage, do not send bank statements, tax documents, passport details or information on third parties.
SOURCE OF FUNDS
SOURCE OF WEALTH
TIMELINE
DOCUMENTS
GAPS
The diagram shows a model, not a specific client's data. The upper track is the formation of wealth by year, the lower track is the movement of specific funds up to the current transaction. Red marks only the gap between a stated event and supporting material.
02 / KEY DISTINCTION
A confirmed payment does not always explain the origin of wealth
Source of Funds is the origin of the funds for a specific transaction: the specific account or asset, the immediate source of the money and the route by which it reached the payment. This question is closed by documents around a single transaction.
Source of Wealth is the history of the entire wealth: professional and business history, ownership of companies and assets, income, dividends, sales and inheritance, and the overall proportionality between the known history and the wealth. This question is closed by a chronology spanning years.
BLACKFILE does not perform two identical checks: both lines are assembled as two tracks of a single timeline.
03 / WHEN CLIENTS APPROACH
When explaining the origin of funds becomes a condition for the next step
01
Banking relationship
Opening or maintaining a banking relationship.
02
International transaction
A major international transaction.
03
Purchase of an asset
Purchase of real estate or another asset.
04
Investment
Investment or entry into a deal.
05
Family transfer of capital
Inheritance, gift or family transfer of capital.
06
Sale of a business
Sale of a business or stake.
07
External request
Request from a notary, fund, partner or compliance team.
08
Inconsistency of documents
Inconsistency between old and new documents.
04 / WHAT CAN BE VERIFIED
From professional chronology to a list of missing documents
BLACKFILE works within the limits of documents lawfully provided by the client and available independent sources. The check is built around a specific transaction and the known history of the capital.
01
History and ownership
professional and business chronology
ownership of companies and corporate roles
matching of companies, stakes, roles and dates
02
Capital events
dividends, asset sales and other events per the documents provided
publicly verifiable transactions
connection between a specific source and the current funds
03
Discrepancies and gaps
litigation, sanctions and regulatory circumstances affecting the explanation
discrepancies between the stated history and external information
list of missing documents
WEALTH FORMATION TIMELINE
The history of wealth becomes an argument when every material episode is tied to a document or an independent source
05 / WEALTH FORMATION TIMELINE
Two tracks of one chronology: overall position and the funds of a specific transaction
Select an event to view the period, document, verification status and required explanation
A
Source of Wealth - formation of wealth
How wealth developed by year and economic event
Date or period
1998-2004
Amount
Not specified in the composite model
Document or independent source
Employment history and income statements
Verification status
Confirmed
Gap or required explanation
No explanation required
B
Source of Funds - funds of the transaction
How specific funds reached the current transaction
The diagram shows a model, not a specific client's data. The upper track is the formation of wealth by year, the lower track is the movement of specific funds up to the current transaction. Red marks only the gap between a stated event and supporting material.
01Understand the requirements of the receiving party.
02Separate the SoF and the SoW.
03Build a chronology of wealth events.
04Tie every material episode to a document or source.
05Match companies, shareholdings, roles and dates.
06Verify material discrepancies.
07Compile a list of gaps and explanations.
08Assemble the narrative, document index and limitations.
The amount of an event is stated only if it is confirmed and cleared for use. A tax or legal opinion is not produced without a specialist in that field.
06 / WHAT THE CLIENT RECEIVES
Material that a bank, notary, lawyer or compliance team can work with
What is confirmed is separated from what is stated, every material conclusion is tied to a document or source, and gaps are set out in a separate list.
R-01 / RESULT
SoF and SoW narrative
SoF narrative for a specific transaction and SoW narrative for the history of wealth - two related but distinct documents.
R-02 / RESULT
Wealth formation timeline
Wealth Formation Timeline: events, periods, documents and confirmation statuses on a single timeline.
R-03 / RESULT
Map of companies, assets and events
Corporate roles, shareholdings and material events, matched by dates and countries.
R-04 / RESULT
Index of supporting documents
Each document is tied to an event in the chronology and to the statement it supports.
R-05 / RESULT
Source log
Source log: what was checked, where and as at what date, with the limitations of each source.
R-06 / RESULT
List of gaps and questions
Unexplained periods, missing documents and additional questions, with a statement of the explanation required.
R-07 / RESULT
Summary for the reviewing party
A brief structured summary with which the receiving party begins reading the material.
R-08 / RESULT
Questions for advisors
A list of questions for a tax or legal advisor on matters requiring professional qualification.
BLACKFILE does not make the decision for a bank, notary, investor or regulator and does not guarantee approval of the transaction.
07 / WHO THIS IS FOR
For those who need to explain wealth in a verifiable way
CL-01 / CLIENT
Private clients and families
A bank or notary has requested an explanation of the source of funds. The result - structured material in place of scattered documents.
CL-02 / CLIENT
Family Offices
Family wealth requires a consolidated history spanning decades. The result - a chronology, document index and list of gaps.
CL-03 / CLIENT
Entrepreneurs
The sale of a business or a stake explains the payment but not the entire history. The result - a dual chronology of wealth and of the transaction's funds.
CL-04 / CLIENT
Legal teams
A transaction or dispute requires a verifiable history of the client's wealth. The result - a narrative, source log and material for the position.
CL-05 / CLIENT
Compliance teams
Own-side verification requires independent systematisation. The result - separation of what is confirmed, what is claimed, and the gaps.
CL-06 / CLIENT
Tax and financial advisers
A conclusion needs a factual basis. The result - a chronology, documents, and a list of questions requiring specialist qualification.
08 / COMPOSITE EXAMPLE
The sale of the business explained the payment, but not the entire history of the capital
SW-01SoF + SoWComposite example
The payment was confirmed, the history of the stake was not
Задача. The client could confirm the receipt from the sale of a stake, but the documents did not explain how that stake had been acquired and financed at the early stage. Individual corporate events took place across several countries and related to different periods.
Результат. BLACKFILE compiled a dual chronology: the path of funds in the current transaction and the history of how the wealth was formed. Confirmed events, client documents and independent sources were separated, and the unexplained period was set out as a question for further preparation.
The example is composite and does not describe a specific client. Illustrative image: the client's identity is not disclosed.
09 / PROCESS
From the receiving party's request to submission of the material
01
Request
The transaction, countries, periods, and who requested the explanation.
02
Admissibility
A legitimate purpose and the right to pass on the information at the next stage.
03
Separation of SoF and SoW
What explains the specific transaction, and what explains the wealth as a whole.
04
Chronology and documents
Capital events are linked to documents and independent sources.
05
Verification
Comparison against corporate history and verification of material discrepancies.
06
Submission of the material
Narrative, document index, source log, and list of gaps.
FUNDS→WEALTH→COMBINEDThe exact scope and cost are determined after the scope has been reviewed. Timeframes are calculated after the scope is agreed and the source data is received; the cost does not include taxes and third-party expenses and depends on the countries, depth, and availability of sources.
10 / FORMATS
Three engagement formats
The format depends on the number of countries and periods, the volume of documents, and who requested the explanation.
01
Source of Funds Review
Individual calculation after scope review
Timeframe is calculated after the scope is agreed and the source data received
A verifiable explanation of the origin of funds for a specific transaction.
Included
one transaction
one primary source
chronology of the path of funds up to the transaction
map of documents and gaps
brief summary for the reviewing party
02
Source of Wealth Dossier
Individual calculation after scope review
Timeframe is calculated after the scope is agreed and the source data received
History of wealth formation: companies, assets, events and supporting documents.
Included
wealth history
companies, assets and events
narrative and appendices
index of supporting documents
list of gaps and explanations
03
Combined SoF + SoW
Individual calculation after scope review
Timeframe is calculated after the scope is agreed and the source data received
Dual timeline: the path of the transaction funds and the wealth history in a single structure.
Included
multiple countries and periods
dual timeline
SoF and SoW narrative
coordination with lawyers and tax advisors
11 / LIMITATIONS
The verification reflects available data and does not replace the receiving party's decision
BLACKFILE does not receive banking data other than through lawful provision by the client, does not confirm tax payment in place of a tax authority or advisor, and does not authenticate a document in place of the issuer.
BLACKFILE does not guarantee the decision of a bank, notary or regulator: the company helps collect, verify and structure the explanation, but does not make the decision for the receiving party.
the absence of public information does not mean the absence of a lawful source
the verification reflects available data as of the agreed date
confirmed, stated and gap are always kept separate
tax and legal qualification remains with the relevant specialist
Questions about verification of source of funds and wealth
Source of Funds explains the origin of the funds for a specific transaction: the source, account or asset and the route of the money to the payment. Source of Wealth explains how the wealth as a whole was formed: income, business, sales, inheritance and the proportionality of the capital to the known history. The receiving party may request one, the other, or both explanations.
Contracts, corporate documents, profit distribution resolutions, inheritance and gift documents, statements provided by the client, and independent sources: registers and publications. The exact list depends on the transaction and the requirements of the receiving party.
Yes, within the limits of available documents and sources. The older the period, the more often a set of independent confirmations is used instead of a primary document: corporate registers, financial statements, publications. Such items receive the status of confirmation, not that of an established fact.
A lost document does not always close the question: the event may be confirmed by corporate history, registers or publications. Unexplained items are placed on a list of gaps, with a note on what explanation or substitute document is required.
No. Confirmation of tax payment is a matter for the tax authority or a specialized consultant. BLACKFILE prepares a chronology and a document index for the consultant to work with, and compiles a list of questions for them.
Yes. The requirements of a specific bank and country are taken into account based on the request provided or an official source. The structure of the materials - narrative, document index and source log - applies across jurisdictions, and the need for local legal qualification is noted separately.
No. The decision rests with the bank, notary, investor or regulator. The report structures the explanation, links events to documents and closes the gaps that most often raise questions, but it does not guarantee approval.
At the first stage, bank statements, tax documents, passport details and third-party information are not requested. Further transfer of materials takes place through an agreed channel, is used only for the matter at hand and is not passed to third parties.
14 / DIRECT CONTACT
Describe the matter without submitting documents
At the first stage, do not send bank statements, tax documents, passport details or third-party information. It is enough to describe the purpose and structure of the matter.
