What is a ‘Source of Funds’ check and how does it affect you?

A major concern for the banks aside from advancing loans and making a profit include dealing in ‘clean’ money. ‘Dirty’ money involves money from illegal activities, financial crime, money laundering, and terrorism funding. Kenya is a signatory to the United Nations International Convention for the Suppression of the Financing Terrorism (1999). This convention is the … Continue reading What is a ‘Source of Funds’ check and how does it affect you?