Source of Funds

Provide source of funds information for AML (Anti-Money Laundering) compliance.

`PATCH /v1/businesses/:id/source-of-funds`

Request Example

PATCH https://wallet.swipelux.com/v1/businesses/biz_cK69MttD5nAUAbud1B/source-of-funds
Content-Type: application/json
X-API-Key: your_api_key
 
{
  "sourceOfFunds": "business_revenue",
  "sourceOfFundDescription": "Revenue from investment management services",
  "purposeOfFunds": "operational_expenses",
  "purposeOfFundsDescription": "Treasury management and cross-border payments",
  "expectedMonthlyVolumeUsd": 2500000,
  "flowDescription": "SEPA inflows converted to USDC for international transfers"
}

Request Fields

Field	Type	Required	Description
`sourceOfFunds`	string	Yes	Primary source of funds
`sourceOfFundDescription`	string	Yes	Detailed description of fund sources
`purposeOfFunds`	string	Yes	Primary purpose for using the service
`purposeOfFundsDescription`	string	Yes	Detailed description of intended use
`expectedMonthlyVolumeUsd`	number	Yes	Expected monthly volume in USD
`flowDescription`	string	Yes	Description of typical transaction flows

Source of Funds Types

business_revenue - Operating revenue from business activities
investment_returns - Returns from investments
capital_injection - Shareholder capital contributions
loan_proceeds - Business loans or credit facilities
sale_of_assets - Proceeds from asset sales
other - Other sources (provide detailed description)

Purpose of Funds Types

operational_expenses - Day-to-day business operations
cross_border_payments - International payments and transfers
investment_activities - Investment transactions
treasury_management - Corporate treasury operations
payroll - Employee compensation
vendor_payments - Supplier and vendor payments
other - Other purposes (provide detailed description)

Volume Guidelines

Expected monthly volumes should reflect realistic transaction patterns:

Small Business: $10,000 - $100,000
Medium Business: $100,000 - $1,000,000
Large Business: $1,000,000 - $10,000,000
Enterprise: $10,000,000+

Response

{
  "id": "biz_cK69MttD5nAUAbud1B",
  "legalName": "Acme Investment GmbH",
  "status": "incomplete",
  "sourceOfFunds": {
    "sourceOfFunds": "business_revenue",
    "sourceOfFundDescription": "Revenue from investment management services",
    "purposeOfFunds": "operational_expenses",
    "purposeOfFundsDescription": "Treasury management and cross-border payments",
    "expectedMonthlyVolumeUsd": 2500000,
    "flowDescription": "SEPA inflows converted to USDC for international transfers"
  },
  "updatedAt": "2025-10-17T15:50:00Z"
}

`PATCH /v1/businesses/:id/source-of-funds`

Request Example

Request Fields

Source of Funds Types

Purpose of Funds Types

Volume Guidelines

Response

Next Steps

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