Swaps.app reserves the right to request any source of funds documentation deemed necessary for the verification process when specific thresholds are met.

1. Threshold Requirements

When a user's cumulative transactions reach or exceed €15,000, additional source of funds verification is required:

• Users must provide a bank statement covering a period of at least 3 months. The statement should clearly show the transaction(s) that triggered the verification requirement. It must be in PDF format; screenshots are not accepted.

When a user's cumulative transactions reach or exceed €50,000, additional source of funds verification is required:

• A utility bill dated within 90 days. Acceptable utility bills include water, gas, electricity, phone provider's, or internet provider's bills.
• A second ID document. Options include passport, national identity card/internal passport, residence permit card, or driving license.

2. Additional Documentation

Swaps.app reserves the right to request any source of funds documentation deemed necessary for the verification process. Users may be asked to provide documentation from the following options or any other relevant information:

• Sale Purchase Agreement: A notarized sale purchase agreement for real estate transactions.
• Tax Returns: Copies of tax returns for the last two taxable years.
• Bank or Accountant Letter: A formal letter from the bank or an accountant stating the client's assets.
• Financial Statements: Recent bank statements and/or equities statements.
• Paystubs: Paystubs reflecting income for the previous two years.
• Accountant's Letter: An official letter from an accountant detailing the client's real estate holdings and any inheritance, which can be considered in determining net worth.

3. Submission Requirements

1. Submission Deadline: Users must submit the necessary documents within 5 business days of receiving the notification.
2. Inadequate Submissions: Incomplete or insufficient submissions may result in transaction refunds or account suspension.