The SOF gives a description of the origin and the means of transfer for funds that are accepted for the account opening and the source of the funds that are expected to be received in the account.

Please note that a SOF needs to be completed and signed for each separate account if the customer has multiple accounts with the Bank.

The following are specific instructions for completion of certain matters on the SOF form (and other than the subjects that are self-explanatory):

Source of Funds Table

Please use below table to state the first deposit amount, along with the source of the first deposit and source of ongoing funding on the account.

Options for the sources of first deposit and ongoing funding can be selected from the drop down boxes.

Select all that apply to indicate the type of transaction(s) anticipated to conduct transactions on the account. Note that there are two sections to be completed. The first one indicated by *, which is specifically related to box “*Source of First Deposit¹” and the second box indicated by ** which is specifically related to box “**Source of Ongoing Funding²”.