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Source of funds verification in minutes

Thirdfort analyses your clients' bank statements automatically, whether they share via open banking, PDF or photo. Alongside a structured questionnaire that adapts to what each client declares, we surface the risks conveyancers face, instantly.
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The Thirdfort app

1,500+ regulated businesses rely on us for Source of funds verification

    Our report finds what you'd have to look for

    Collecting statements is the easy part. The value is in what happens next.

    When your client submits their documents, our technology cross-references their questionnaire answers against their actual transactions, automatically surfacing risks like undeclared fund sources, large cash deposits, high-risk country transfers and cryptocurrency involvement.

    Your team reviews the flags. Not the entire statement.

    Three alerts on a red background: "Funds from high-risk country", "Payslip not uploaded", "Gift identified".

    Identify high-risk clients early

    The clients who need the closest look rarely flag themselves. Thirdfort checks what each client declares against the transactions in their bank statements, so any gaps surface before they become your problem.

    Undeclared sources, unexplained cash, funds from high-risk countries, crypto involvement. You see them flagged and evidenced, in one report, at the point you need them.

    A financial record showing a gift of £10,000. Details: Acme Bank, account ending 4321, house gift, £9,500. Transaction identified and statements shared.

    Complete

    Open banking, PDF or image. Your clients share their statements their way, and we capture and analyse all of it.

    Thorough

    We compare what clients declare against what their statements actually show, then flag the gaps.

    Clear

    A clear audit trail for every matter. No guesswork.

    They share it how they want, you get what you need

    Clients can upload PDFs or photos of their bank statements directly in the Thirdfort app. Our technology reads and analyses the data exactly as it would via open banking. No email attachments, no paper forms, no manual review on your end.

    For clients who use open banking, our app is built to make it as simple as possible. We prompt them through each step, send automated reminders and have a dedicated UK support team on hand if they need help. That's why our clients consistently see strong completion rates, even with clients who are initially resistant.

    Phone screen showing options to share bank statements: "Open banking" (recommended), "Upload a PDF," and "Take a photo."

    What do you do when funds come from five sources?

    Source of funds is rarely straightforward. A salary-funded purchase looks very different from a combination of inheritance, a gifted deposit and equity release. Thirdfort is built for all of it.

    • Clients declare their sources through a structured questionnaire.

    • They upload supporting evidence however works for them.

    • We cross-reference their answers against the transactions.

    • You get a clear report with risks highlighted and evidence attached.

    Whatever the matter, you get the same quality of analysis. That's why firms run thousands of Source of funds verifications through Thirdfort every month.

    Financial breakdown chart showing £510,000 total: Mortgage £450,000 (88%), Savings £50,000 (10%), Gift £10,000 (2%).

    Ditch the highlighter

    See how we instantly analyse bank statements, flag important transactions and give you the full picture in minutes, not hours.

    See Source of funds verification in action

    Take a two-minute tour of the client journey and the report your team gets back.

    Compared to our previous process, we're saving on average 10 to 15 minutes per file, just on Source of funds checks. This speeds up the journey and means our clients are happier."

    Gough Thorne solicitors logo in white

    When a client was reluctant to use the Source of funds feature, it raised alarm bells immediately. Their statements were later found to be fraudulent. If the app wasn't as slick as it is, such a case may have slipped through the net."

    thomas flavell and sons solicitors logo white

    Built to work with your systems

    Thirdfort integrates with your case management system. Enter data once. See everything in one place.

    Logos of thirdfort's partners in the legal sector

    FAQs on Thirdfort's Source of funds verification

    They don't have to. Clients can upload PDFs or images of their bank statements directly in the Thirdfort app, and our technology reads and analyses the data just as it would via open banking. For clients who struggle at any point, our UK-based support team can help them directly, so it doesn't fall on your team.

    Yes. Thirdfort is built for matters with multiple fund sources. Inheritance, gifts, gambling winnings, sale of property, salary savings and more. Clients declare each source through a structured questionnaire and upload supporting evidence. We cross-reference their answers against their transactions and surface any discrepancies in a clear report.

    Our technology compares your client's questionnaire responses to their actual bank transactions. For example, if a client declares £15,000 from an inheritance, we look for that specific incoming payment in their statements. We automatically flag risks, including large cash deposits, undeclared fund sources, funds from high-risk countries and cryptocurrency involvement.

    We integrate with a growing number of the UK's leading case management systems, including ActionStep, InTouch, Proclaim, Clio, Reapit and Redbrick. You can initiate verifications and receive completed reports without leaving your existing system.

    Source of funds is one part of Thirdfort's Client Due Diligence Platform, which also covers identity verification, anti-money laundering (AML) screening, politically exposed persons (PEPs) and sanctions, know-your-business checks and ongoing monitoring, all in one place. Many firms start with identity and Source of funds and expand from there.

    We offer discounts based on how many clients you need to verify, so the more you run, the better the rate. You'll find more on our pricing page. And we only charge for completed verifications. For a quote tailored to your firm, the best step is to speak to our team.

    Our contracts are for a twelve-month period. We offer flexibility in the way you purchase credits that are used for checks. Unlike most providers, all credits are valid for two years. If you need to purchase more there is no need to restart your contract term.

    Solve the source of funds puzzle

    Intelligent client due diligence that puts you and your clients first? We're ready when you are.