This Financial Declaration Agreement ("Agreement") is made and entered into as of [Date], by and between Cathedral Online Banking ("the Bank") and the undersigned account holder ("the Member").
The purpose of this Agreement is for the Member to declare the source of funds and the nature of transactions that will be conducted through their account with the Bank. This is to ensure compliance with anti-money laundering (AML) regulations and to protect both the Member and the Bank from fraudulent activities.
The Member hereby declares that the initial and subsequent funds deposited into the account are from legitimate sources, including but not limited to:
The Member attests that all information provided in this declaration is true, accurate, and complete to the best of their knowledge. The Member agrees to promptly notify the Bank of any significant changes to their financial circumstances or the nature of their account activity.