Illustrative deliverable / 01
Source-of-funds
documentary record
01 / Matter and scope
Illustrative investor: Alex Example
Purpose: Preparation of the foreign documentary record for a contemplated U.S. business investment.
Source under review: A property sale and subsequent transfer of the proceeds.
Boundary: Documentary consistency and missing evidence. U.S. legal, tax, immigration, and sanctions questions are reserved for qualified counsel.
02 / Executive factual summary
The fictional sale agreement records a sale price of $275,000. A fictional bank statement records an incoming payment of $270,000 and a subsequent transfer of $250,000 to another account in the investor’s name. The $5,000 difference between the contract price and the initial receipt is not explained by the assumed records.
The record would remain incomplete until the initial acquisition of the property, the difference in amounts, and the receipt of the onward transfer were adequately documented.
03 / Ownership and transfer outline
No intermediary entity is assumed in this example. A real matter would use the ownership and account records actually provided.
04 / Transaction chronology
| Event | Amount | Assumed supporting record | Open issue |
|---|---|---|---|
| Property sale agreed | $275,000 | E-01: Sale agreement | Original acquisition history absent |
| Proceeds received in Account A | $270,000 | E-02: Bank statement | $5,000 difference needs evidence |
| Transfer instructed from A to B | $250,000 | E-03: Transfer instruction | Instruction does not prove settlement |
| Receipt in Account B | Unconfirmed | No receiving statement assumed | Obtain statement and reconcile transfer |
05 / Evidence index
| Reference | Fictional record | What it would address | Limitation |
|---|---|---|---|
| E-01 | Signed sale agreement | Named seller, asset and agreed price | Does not establish payment or original source of acquisition funds |
| E-02 | Account A statement | Receipt, date and account holder | Does not explain the contract-to-receipt difference |
| E-03 | Transfer instruction | Proposed beneficiary and transfer amount | Does not independently establish completed receipt |
06 / Outstanding documents and questions
- Obtain the property’s acquisition records and evidence of the funds used for its acquisition.
- Obtain a closing statement or other records explaining the $5,000 difference. Do not assume fees without evidence.
- Obtain the receiving account statement, account-holder identification, and transfer reference to reconcile the onward payment.
- Confirm the intended recipient’s documentary requirements with counsel. Identify any translation or additional verification needs.
07 / Limitations and counsel handover
A completed assignment would identify the records actually reviewed, relevant dates, agreed verification steps, factual findings, unresolved discrepancies, and the boundaries of the work. Client explanations would be distinguished from independently supported facts.
The existence of a coherent narrative does not establish the lawfulness of a transaction or authenticate its underlying records. Appropriate counsel and receiving institutions make their own determinations.