Procedures

  • Concurrent with the Client’s execution of the Principal Agreement, the Client must deposit the initial Arrangement Fee into the Escrow Account. The Client will be required to provide the necessary documentation to complete the account establishment process. This information will include color copies of photo
  • ID’s for all signatories; a second ID including address; Certificate of Good Standing or Incorporation, if applicant is a company; Employer Identification
  • Number (if applicable) and Corporate resolutions (if applicable) and social security numbers for individuals. The Client will be a signatory on the account, but will be unable to conduct transactions or encumber the funds in the account in any manner.
  • Upon confirmation that the Arrangement Fee has been deposited by the Client into the Escrow Trust Account, the Proof of Funds Account will be opened in the Client’s name, and funds will be deposited into the POF account in the amount stipulated in the Principal Agreement.
  • The Arrangement Fee is released from the Trust Account when confirmation is provided to the Escrow Agent that the account has been set up in the client’s name, and that the appropriate funds have been deposited as stipulated in the Principal Agreement.
  • The Proof of Funds account will remain open for the Client’s use for the period of time stated in the Principal Agreement, and conditionally, may be extended through mutual agreement, and payment by the Client of the Arrangement Fee for such extensions, within five (5) days of the expiration of the current term.

    • By submitting this contact request, you are consenting to be contacted by Proof Of Funds telephone or email, even if you have previously listed yourself on any internal company, State or Federal Do-Not-Call List. Prior to your hitting “Submit” Proof Of Funds will keep your personal information secure. We don’t sell or distribute your information to any entity that is not part of the services we provide. DISCLAIMER: Proof Of Funds is NOT a United States Securities Dealer or Broker or U.S. Investment Adviser. Proof of funds and its Consultants are Private Consultants and makes no warranties or representations as to the Buyer, Seller or Transaction. All due diligence is the responsibility of the Buyer and Seller. Proof Of Funds or its consultants are NOT attorneys, CPA, security dealers or financial planners, only private consultants regarding private business matters.
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