The source field in sourceOfFunds declares the origin of the funds being sent. The available values depend on who is sending and receiving.
Individual to Individual
Use these values when both the sender and recipient are individuals:
| Value | Source | When to use |
|---|---|---|
| 1 | Salary | Funds from regular employment income |
| 2 | Savings | Personal savings or accumulated funds |
| 3 | Lottery | Lottery or gambling winnings |
| 4 | Loan | Borrowed funds (personal or bank loan) |
| 5 | Business Income | Revenue from a personal business or freelance work |
| 6 | Business Profit | Profit distributions from a business the individual owns |
Business Transactions
Use these values when either the sender or recipient (or both) is a business entity. Applies to: Individual → Business, Business → Individual, and Business → Business transfers.
| Value | Source | When to use |
|---|---|---|
| 7 | Settlement | Payment settlement between businesses (invoices, contracts) |
| 8 | Others | Any source not covered by the above categories |
Example
A freelancer sending business income to family:
"sourceOfFunds": {
"purpose": 3,
"source": 5,
"relationship": 2
}- source: 5 → Business Income (freelance earnings)
- purpose: 3 → Family Maintenance
- relationship: 2 → Father
Related
- Source of Funds overview — When and how to use sourceOfFunds
- Purpose values — Reason for the transfer
- Relationship values — Sender/recipient relationship codes