The declaration explains the origin of the funds; it does not replace the supporting documents (statements, sale contract, estate deed) that the institution may also require.
In what situations is it requested?
- a large deposit or transfer into an account;
- a transaction where the buyer must justify their funds;
- receiving an inheritance, a gift or sale proceeds;
- funds arriving from abroad, notably from a newcomer.
What should the declaration contain?
- your full identity and the amount concerned;
- the precise source of the funds (savings, sale, inheritance, income, gift);
- the documents that support this explanation and that you can provide;
- a statement of truthfulness.
How does this relate to the declaration of assets?
The declaration of assets takes inventory of what you own; the declaration of source of funds explains the origin of a specific sum. The two can complement each other.
Can it be sworn online?
Yes, when the document and situation are eligible for remote oath commissioning, by videoconference.
Online oath commissioning in Québec: how does it work?
Assermentation Express
Assermentation Express is not a financial institution and does not verify the origin of your funds. This service is limited to receiving the oath or solemn affirmation on a document already prepared.