Why does Tipico request proof of the origin of my funds?
To comply with legal and regulatory requirements, Tipico may ask you to provide a Source of Wealth (SOW) document. This helps us verify where your funds come from and ensures that your account activity is secure and legally compliant.
🔍 What is a Source of Wealth (SOW)?
Your Source of Wealth refers to how you obtained the money you use on your Tipico account. This could include:
Salary or employment income
Business profits
Sale of property or assets
Inheritance
Savings or investments
📤 Why is this required?
Legal compliance:Â Tipico is required by law to follow anti-money laundering (AML) regulations and verify the origin of customer funds.
Security:Â It helps protect your account and ensures that all transactions are transparent and legitimate.
Due diligence:Â If your account activity changes significantly or reaches certain thresholds, we may be required to request additional documentation.
âś… What documents can I submit?
Depending on your source of wealth, you can provide:
Recent payslips or employment contracts
Bank statements showing regular income
Sales contracts (e.g. for property or vehicles)
Inheritance documents
Tax returns or financial statements
đź“Ś Note: Documents must be clear, up to date, and show your name and relevant details.
⚠️ What happens if I don’t submit the documents?
If we don’t receive the required documentation, your account may be subject to restrictions – such as limited access to deposits, withdrawals, or betting features – until verification is complete.
