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Tuesday, February 5, 2013

What is a Proof of Funds/Verified Funds?

This service while not a loan, is a perfect inexpensive and quick way to JV with a strong partner to your current financial profile. This allows you to show reserves or buy time in your transactions with verified funds. 

There are different formats which may include online account access, phone/fax verification, bank letters, verification of deposit form (VOD), Swifts, TELEX, DTC or Euroclear screens and/or account statements.


NOTE: A proof of funds is NOT a loan

Final terms and conditions of any transaction are always determined on a case by case basis.

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